How Homeownership Is Life Changing for Many Women
The rise in women pursuing homeownership hasn’t just made an impact on the housing market. It’s also been an asset for those buyers and their households. That’s because homeownership has many benefits, both financial and personal.
On the financial side, housing proves to be the key to building wealth for single women. Ksenia Potapov, Economist at First American, says:
“For single women, housing has always made up a large share of total assets. Over the last 30 years, the average single woman’s wealth has increased 88% on an inflation-adjusted basis, from just over $142,000 in 1989 to $267,000 in 2019, and housing has remained the single largest component of their wealth.”
Homeownership can be life changing no matter who you are. Let’s connect today to talk about your goals in the housing market.
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Buying a home is a big decision, and it should be one you feel confident making.
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Today, the market’s changing, and buyers can usually be more selective and take more time to explore their options.
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