More Women have become Homeowners and Heads of Household.
Can you purchase a home without your spouse? Of course, you can!
Did you know, the right of women to own and manage property today is equal to that of men, but full financial autonomy didn’t come about until late in the 20th century. It wasn’t until the mid-1970s that a woman could access a line of credit independently without a man to cosign her application. It took another decade for the courts to rule that a husband doesn’t have the right to unilaterally take out a second mortgage on property held jointly with his wife.
The share of single females rose slightly to 19 percent, and single males held steady at 9 percent the past three years. Single female and single male buyers are more likely to purchase a townhouse or condo than married couples and unmarried couples. Single females more than any other household composition cited the convenience to friends and family as an influencing factor in their neighborhood choice, at 53 percent.
If you’re a woman, whether married or unmarried, and have a goal of owning your own home one day, look no further. You Can Do It! With the right Mortgage Loan Advisor and Real Estate Agent by your side, you can achieve any real estate investing goal. On the fence and worried how you can afford this purchase, we’ve got answers. Schedule a consultation with me today.
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