{"id":4667,"date":"2024-03-27T10:30:00","date_gmt":"2024-03-27T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/03\/27\/single-women-are-embracing-homeownership\/"},"modified":"2024-03-27T10:30:00","modified_gmt":"2024-03-27T10:30:00","slug":"single-women-are-embracing-homeownership","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/03\/27\/single-women-are-embracing-homeownership\/","title":{"rendered":"Single Women Are Embracing Homeownership"},"content":{"rendered":"<body><img data-recalc-dims=\"1\" decoding=\"async\" class=\"wpe_imgrss\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/03\/20240327-Single-Women-Are-Embracing-Homeownership.png?w=1220&#038;ssl=1\" loading=\"lazy\">\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/03\/20240327-Single-Women-Are-Embracing-Homeownership.png?w=358&#038;ssl=1\" alt=\"Single Women Are Embracing Homeownership Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p>In today\u2019s <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/15\/the-latest-trends-in-housing-infographic\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">housing market<\/a>, more and more single women are becoming <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/22\/3-helpful-tips-for-first-time-homebuyers-infographic\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">homeowners<\/a>. According to <a href=\"https:\/\/www.nar.realtor\/blogs\/economists-outlook\/celebrating-single-women-home-buyers\" rel=\"noopener noreferrer\" target=\"_blank\">data<\/a> from the <em>National Association of Realtors<\/em> (NAR), <strong>19% of all homebuyers are single women<\/strong>, while only 10% are single men.<\/p>\n<p>If you\u2019re a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality \u2013 so you can too.<\/p>\n<h4><strong>Why Homeownership Matters to So Many Women <\/strong><\/h4>\n<p>For many single women, buying a home isn\u2019t just about having a place to live\u2014it\u2019s also a smart way to <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/13\/your-home-is-a-powerful-investment\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">invest<\/a> for the future. Homes usually <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/20\/does-it-make-sense-to-buy-a-home-right-now\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">increase in value<\/a> over time, so they\u2019re a great way to build <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/02\/08\/home-equity-can-be-a-game-changer-when-you-sell\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">equity<\/a> and overall net worth. Ksenia Potapov, Economist at <em>First American<\/em>, <a href=\"https:\/\/blog.firstam.com\/economics\/she-cession-cant-slow-homeownership-surge-among-single-women\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201c. . . single women are increasingly pursuing homeownership and reaping its wealth creation benefits.\u201d<\/em><\/p><\/blockquote>\n<p>The financial security and independence homeownership provides can be life-changing. And when you factor in the personal motivations behind buying a home, that impact becomes even clearer.<\/p>\n<p>The same report from NAR <a href=\"https:\/\/www.nar.realtor\/blogs\/economists-outlook\/celebrating-single-women-home-buyers\" rel=\"noopener noreferrer\" target=\"_blank\">shares<\/a> the top reasons single women are buying a home right now, and the reality is, they\u2019re not all financial (<em>see chart below<\/em>):<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/03\/20240327-Top-Reasons-To-Purchase-a-Home.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/03\/20240327-Top-Reasons-To-Purchase-a-Home.png?w=1220&#038;ssl=1\" alt=\"a blue and white diagram with white text\" loading=\"lazy\"><\/a><\/p>\n\n<p>If any of these reasons resonate with you, maybe it\u2019s time for you to buy too.<\/p>\n<h4><strong>Work with a Trusted Real Estate Agent<\/strong><\/h4>\n<p>If you\u2019re a single woman looking to <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/04\/what-to-know-about-credit-scores-before-buying-a-home\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">buy a home<\/a>, it is possible, even in today\u2019s housing market. You\u2019ll just want to be sure you have a great real estate <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/02\/28\/why-you-want-an-agents-advice-for-your-move\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">agent<\/a> by your side.<\/p>\n<p>Talk about what your goals are and why homeownership is so important to you. That way your agent can keep what\u2019s critical for you up front as they guide you through the <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/01\/the-first-step-getting-pre-approved-for-a-mortgage-infographic\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">buying process<\/a>. They\u2019ll help you find the right home for your needs and advocate for you during <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/03\/18\/4-tips-to-make-your-strongest-offer-on-a-home\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">negotiations<\/a>. Together, you can make your dream of <a href=\"https:\/\/www.simplifyingthemarket.com\/2024\/02\/20\/strategic-tips-for-buying-your-first-home\/?a=783612-02a11606fc81d6a6e402d49bc5bfe20b\" rel=\"noopener noreferrer\" target=\"_blank\">homeownership<\/a> a reality.<\/p>\n<h3>Bottom Line<\/h3>\n<p>Homeownership is life-changing no matter who you are. Connect with a local real estate agent to talk about your goals in the housing market.<\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>In today\u2019s housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men. If you\u2019re a single woman trying to buy your first home, this should be encouraging. It means other people are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4668,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-4667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"In today&#039;s housing market, more and more single women are becoming homeowners. 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