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Women are Winning Real Estate

This is from Axios Denver and we thought it was super interesting...


Single women own more homes than single men — and overall homeownership is now majority female.



Why it matters: Sixty years ago, women couldn't even get a credit card or a mortgage without a male cosigner. Now, the share of single women homeowners eclipses that of single men.


Driving the news: Solo women mortgage applicants made up 18% of the market in 2023 — a share that's slowly grown since mortgage platform Maxwell started tracking applicants' gender and marital status in 2021.


  • 1 in 3 women with partners bought alone because they were in a stronger financial position to do so, Maxwell's annual Single Women Home Buyer Report found.


State of play: Census data shows nearly 12% of homes in Colorado are owned by single women, compared to 10% by single men.


What they're saying: There's been a strong shift toward women-led households, Urban Institute researcher Jung Hyun Choi tells Axios.


By the numbers: In 1990, less than a third of total households (married and single) were headed by females. In 2021, the majority (51%) of households reported being female-headed.


  • That increase was mostly driven by married households, Choi says.

  • In married households, 43% claimed to be female-headed in 2021, compared to just 8% in 1990.


Of note: In most age groups, women outnumber men. "This is more a reflection of strength in numbers than economic vitality," Pew researcher Richard Fry tells Axios.


The other side: Opportunity isn't equal. Single Latina and Black women have the lowest homeownership rates of any group in the U.S.


  • 39% of Latinas who are single and live alone owned a home in 2021, compared to close to 62% of non-Hispanic white women in similar circumstances, Axios' Astrid Galván reports.

  • Single women with children also face low homeownership rates compared to other groups, including single men with children, Choi's research shows.


The intrigue: Maxwell's report shows Gen Zers and millennials made up the largest share of single women mortgage applicants in 2023.

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