Singles and owners: women lead the U.S. real estate market

In a context where the gender wage gap persists, a recent study by LendingTree, based on Census data, reveals a surprising picture: single women lead in homeownership in the United States.

A female lead in numbers
Single women outnumber single men in homeownership by a margin of 2.72 million. Currently, women control 13.01% of owner-occupied homes, outnumbering men’s 9.83%. This gap not only exists, but continues to grow, with an increase of nearly 15,000 homes owned by women by 2023.

Where is this leadership concentrated?
The analysis reveals that New Mexico, Mississippi and West Virginia top the list of states with the highest rates of female homeownership.

What are the factors behind this trend?
Several factors could explain this phenomenon. One of the most prominent is the priority women place on homeownership. Despite the wage gap, women are proving to be more likely to invest in real estate.

A promising future
The current trend suggests that women’s leadership in homeownership will continue to grow in the future. As women continue to prioritize real estate investing, their presence in the real estate market is likely to strengthen further.

Source RealEs News.

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