- Real Estate
Single Women Homebuyers
The single woman who is divorced, never married or widowed is identified as a single or solo woman. A solo woman may discover that living alone often provides for a richer, fuller and happier life. Living as a single person by choice is frequently a transformative experience that is full of changes in the way a woman understands herself and her relationships. The fragility of jobs and personal unions necessitate a greater ability to take care of oneself and the financial independence of today’s woman is genuinely admired in this fast paced world. Living alone in an upscale luxury home is considered a hard earned and much deserved mark of distinction and success.
Single women with financial stability are a significant group of home buyers who are often opting for upscale homes in urban settings. Real estate professionals who quickly adjust and accommodate the special priorities of solo women buyers are the agents who make the sales.
Female solos with the ability and desire to live in upscale areas place a high importance on security, lifestyle amenities and resale potential. This particular class of buyers is going to do its research thoroughly and the savvy real estate professional will go to great lengths to prepare for these serious and qualified buyers.
A sense of safety and security is important to even the strongest and most self-confident women when they leave and return to their homes. Crime statistics, home owners associations and neighbors will be carefully evaluated. Casual and inquisitive chats with potential neighbors about the community are to be expected. Drive-in garages, windows that are high off the ground and alarm systems are items that are often on the list of essentials.
Friends and relations are important to female buyers who are single home owners, so homes that host well are put on the favorites list. Large kitchens with professional appliances and seating areas for entertaining are essential. Proximity to family, favorite restaurants, shops and meeting places are often more important than commuting distance.
A home that supports budding relationships and life changes may also factor into the buying decision, as well as a property that will appeal to potential buyers or tenants in the future. These property characteristics will be taken into account because many independent women want to be ready and able to make a change if something happens.
The growth of home sales to single women is fueling the housing recovery on a global scale and some real estate experts believe that if this particular group of buyers were more actively pursued, the statistic would be even higher than the 20 percent of homebuyers they represent today. Independent women are no longer interested in waiting endlessly for the right partner while living in a rental, with a roommate or with family members.
Most successful and independent women worked hard to be able to take good care of themselves as independent adults. In the event a life partner materializes, it will be a bonus for which they are prepared.