Luxury Valley Homes Scottsdale Blog

head_left_image

Females Invest in Real Estate Making It a Priority

Females Invest in Real Estate
 
Females invest in real estate - Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it!
 
In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In 2017, 60% of millennial women listed as the primary borrowers on mortgages were single.
 
According to the 2018 Home Buyer and Seller Generational Trends Report by the National Association of Realtors, one in five homebuyers in the U.S. were single females (most of them part of the baby boomer generation) as you can see in the graph below: Females Are Making It a Priority to Invest in Real Estate
 
This does not come as a surprise since 50.8% of the U.S. population is female and 15.6% of them are 65 years and over, according to the Census Bureau.

What are the reasons for this demographic’s booming interest in homeownership?

Bankrate published an article with what they believe to be some of the reasons:
  • Divorce rate: Known as the “Gray Divorce,” the divorce rate has doubled for those ages 50 and over and tripled for those ages 65 and over.
  • Average life expectancy: For women it’s 81, four years longer than men.
  • To build home equity: Women want to build equity through their home. As mentioned by Bankrate, “some are hoping to escape rising rents, some might be downsizing or looking for a new start,” especially those going through a gray divorce.

Are they only downsizing and buying small homes?

Not really; The Institute of Luxury Home Marketing recently stated that:
The number of female billionaires grew faster globally in 2017 than the number of male billionaires. This redistribution of wealth has seen an impact on luxury real estate both in its purchase and design attributes – and obviously, this is important for realtors to recognize when relating to their clients.”

Bottom Line

Whether you are a millennial who wants to buy a starter home, a billionaire looking for that luxury home you’ve always wanted, or maybe even someone who just went through a gray divorce, let’s get together to help you create your real estate portfolio so that you can start investing your money in real estate today!
 

Jeff Daley   This article is brought to you by Jeff Daley and the Scottsdale Real Estate Arizona real estate team.  

 

  

Luxury Valley Home Registered TrademarkJane Daley, BA
Jeff Daley, PhD
Luxury Valley Homes - West USA
Scottsdale Real Estate Arizona
Our Luxury Valley Home Team
480-595-6412

Comment balloon 1 commentJane & Jeff Daley, PhD • November 24 2018 06:11PM
Females Invest in Real Estate Making It a Priority
share
Females invest in real estate - Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it! In 2018, for… more
Are homeowners renovating: To Sell or Stay
share
Are homeowners renovating? - Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by… more
Q3 home sellers netted $61K at resale
share
Q3 home sellers netted $61K at resale - According to a recent report by ATTOM Data Solutions home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61, 232. This is the… more
2 Myths Holding Back Home Buyers | Scottsdale Real Estate Arizona Team
share
2 myths holding back home buyers - Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability, ” which revealed that, “Consumers often think they need to put more… more
Maricopa County Parks Telling Residents - Take A Hike
share
Shhh, we have a secret to share with you! Has anyone ever told you that there is one day a year where it is perfectly acceptable to tell others to “take a hike? ” Better yet, are you aware that this brazen day is fast approaching? The Maricopa County… more
Taking Fear Out of the Mortgage Process
share
Taking fear out of the mortgage process - A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage… more
Buying Your Home Can Be Scary… Until You Know the Facts
share
Buying Your Home Highlights: Many potential homebuyers believe that they need a 20% down payment and a 780 FICO® score to qualify to buy a home which stops many of them from even trying! Here are some facts: 72% of buyers who purchased homes… more
Buyers Market: Are We About to Enter It?
share
Are We About to Enter a Buyer's Market? Buyers market - Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a… more
Scottsdale Restaurants | Rated 4 Star or Higher
share
Scottsdale Restaurants - Each of these restaurants listed below was rated by over one-hundred reviews and Butterfield had over 1, 000 reviews. You’ll have to make up your own mind at how good these eateries are but at a minimum, you have some support… more
Are You Ready? 10 Steps To Making Your Home Purchase Easy
share
Systematic Steps to Help You Buy Your Home 10 Steps to Home Ownership! 1. Are You Ready? Are you ready? - Knowledge and experience are the keys to successful real estate transactions. Luxury Valley Homes contains an enormous amount of valuable… more