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.