You Go Girl!! . . .

By
Real Estate Agent with RE/MAX Realty Services

 

 

You know the saying.  You go Girl.  It is kind of like the female version of that jump in the air high five thingy?  Whatever you guys call it?!!  It is something that we say to women when they show us their strengths and that they have overcome or accomplished something major in their lives. 

We all know that we are stronger than we realize, just sometimes we need a little nudge.  So this story will be about women and their strengths when it comes to home ownership. 

I work with many first time homebuyers.  I love them, they are eager to learn the process from start to finish and they are so proud at the sucess of their first home.  It is so cool when that happens.  Not to pick on the guys, but I think some women are not sure about this subject.

For single women though, I think some of you don't think you can't do it.  I think many women still think they need to wait for their Knight in Shinning Armour to show up and that is when these types of life decisions start to take place.  Not so I say.  As a former single female first time home buyer, I say go for it.  You can do it.

Did you know, as a single home buyer you make up about 18% of the home sales across the country?

Here's how strong you are;


Statistics on women and home ownership

The single female segment of the home buyer population accounted for 18% of all home buyers in 2004.

Single women purchased approximately one in five homes in 2003, while more than one in ten were purchased by single men.

More women (15.5 million) than men (11.8 million) lived alone. Among these, women were more likely than men to own their homes (56% vs. 47%).

About one-quarter of the nation's nearly eight million single mothers spend more than half of their incomes on housing, compared with one-tenth of households headed by single fathers.

Over the time period of 1994-2002, the number of unmarried females owning homes climbed from 13.9 million to 17.5 million.

Sources: 2007 NAR Profile of Home Buyers and Sellers, (Chicago, IL: National Association of REALTORS®, 2006).


2000 census delivers insights on homeownership, (Community Banker, Mar. 2002).

 

 

Many of us are waiting to marry or cohabit later in life, but there is no need to put your life on hold in regard to making a home buying decision.  I remember about 5 years ago I had a buyer, a Single woman around 30 who said to me "I don't know why I put this on hold?  I think I have been waiting to be rescued and now I have missed out on buying a home at a lower price waiting for prince charming."  That just smacked me right across the head as an "Ah ha moment".  What are we thinking?  We can do it.

Right now, my buyer pool has 3 single, never been married woman, on the hunt for a new home in the Gaithersburg/Germantown area.  I am so proud of them and their strength.  You should find yourself a REALTOR(R) and a lender that you know and trust to guide you through the transaction.  It is not as difficult as you may think.  It will be one of the magic moments in your life, owning your first home. 

You Go girl, you are stronger than you think!!

 

 

 

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Location:
Maryland Montgomery County
Groups:
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Posts to Localism
POSITIVE ATTITUDE for the Weary Soul
The Optimist
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single women home buyers
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Rainer
36,404
Irene Woodworth
Color-Redesign-Staging, Trainer & Motivational Speaker - Idaho
Color and Redesign Academy & Redesign Boise

Hi Audrey,

Congratulations on this Featured Post!  Thank you for sharing all of this wonderful information.  I have learned that women wait to fulfill and do far too many things until they get rescued.  However, I have found some amazing statistics of women especially in Pink Magazine.  It is a wonderful magazine that continues to educate women from all walks of life to get in the game and make a difference for women everywhere.  Wonderful information.  I will bookmark this and refer to these amazing figures!

Have a Colorful Day!

August 02, 2008 09:02 AM
Rainmaker
149,922
Debra Kukulski
CDPE;GRI;ABR;RECS;e-PRO Real Estate Expert Norther
Re/Max Unlimited Northwest

Audrey, this is one FANTASTIC post!! YOU go girl!!! ;-)

August 02, 2008 10:13 AM
Rainmaker
333,409
Dan Brudnok
REALTOR,e-PRO,ABR,GREEN,SRES,CSP
Keller Williams RE- Exton - PA License Number #RS225179L

Audrey,

Great post and information all must know to be successful and professional.....

Thank you for your continued support of my posts.....have a great weekend.

August 02, 2008 12:44 PM
Rainmaker
188,216
Audrey June-Forshey
GRI, Gaithersburg, MD
RE/MAX Realty Services

Hi Everyone, Thanks for all of your wonderful comments.  I have been away from the computer for awhile, sorry I have not responded to every single one of you.  You all are the best and thanks for such support.

August 02, 2008 03:21 PM
Rainer
262,564
Ginger Sala
Wilmington NC Real Estate & Relocation~
Wilkinson & Associates, Wilmington NC

Audrey, my first sale was to a young first time buyer single young lady. It was so exciting for her! And me. We had a blast putting the deal together. winning a multiple offer situation and conquering inspection issues. She was so grateful!

Good work on this post!

Ginger

August 06, 2008 08:10 AM
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Rainmaker
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Audrey June-Forshey

GRI, Gaithersburg, MD
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