Statistics from the National Association of Realtors show that last year, single women accounted for one-third of all condo sales and 22 percent of overall home sales, an increase of 14 percent over 1995.
Women today are better educated and more financially independent than ever before. They understand that investing in a home is a great way to build equity. And they want the economic security and tax benefits that come with home ownership.
But without a partner’s income factored into the equation, it hasn’t always been easy for women to qualify for a mortgage. Despite the fact that in recent years the wage gap between men and woman may have narrowed, statistics indicate that on average women still make only 77 cents for every dollar that the average man makes.
The good news is that there are an increasing number of financial assistance programs that can make it easier for single women to become homeowners.
The Bremner Group has focused its vision to provide all the necessary support to help women and their families find their homes and grow their wealth through real estate. Call today for more information.