{"id":19986,"date":"2022-01-25T14:43:32","date_gmt":"2022-01-25T14:43:32","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=19986"},"modified":"2022-01-25T14:43:35","modified_gmt":"2022-01-25T14:43:35","slug":"skip-the-spouse-buy-the-house","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/skip-the-spouse-buy-the-house\/","title":{"rendered":"Skip the Spouse, Buy the House?"},"content":{"rendered":"\n

A growing number of single women are moving ahead with a real estate purchase. More than two-thirds of single women recently surveyed said they\u2019d rather not wait until marriage to purchase a home, according to a Bank of America survey that suggested more single females are \u201cskipping the spouse ahead of the house.\u201d<\/p>\n\n\n\n

Eighty-seven percent of single women agreed that it\u2019s an \u201coutdated idea\u201d that someone must be married to purchase a home. Once they have the finances in place, single females surveyed say, they won\u2019t hesitate to buy on their own.<\/p>\n\n\n\n

Women are second only to married couples as a homebuying presence in the real estate market, according to 2021 data from the National Association of REALTORS\u00ae. Currently, 19% of the homebuying market are single women, while 9% are single men and 60% are married couples, according to NAR. Read more: Single Women Buyers Outnumber Single Men<\/a><\/p>\n\n\n\n

What\u2019s more, 71% say they intend to have their future partner move in if they buy a home while single, according to the Bank of America survey.<\/p>\n\n\n\n

Finances are the main hurdle in the way of single females\u2019 homebuying ambitions. Nearly three-quarters of single women who have not purchased a home yet say they haven\u2019t done so because they want to feel financially stable first, compared to 64% of men. They say they\u2019re working to save more for a down payment and improve their credit score.<\/p>\n\n\n\n

Single women report saving more diligently than single men. Seventy percent of single women say they save money first and only spend what\u2019s left after covering the basics. That is a higher percentage than 63% of single men who report such an aggressive saving plan.<\/p>\n\n\n\n

Eighty percent of single women who are prospective home buyers also say they feel excited by the idea of buying a home themselves. The majority also feel it would be a great accomplishment to buy a home on their own. Source:\u00a0\u201cBank of America Homebuyer Insights Report: Spotlight on Single Women Homebuyers,\u201d Bank of America (2022)<\/p>\n\n\n\n

\u00a9National Association of REALTORS\u00ae
Reprinted with permission<\/p>\n","protected":false},"excerpt":{"rendered":"

A growing number of single women are moving ahead with a real estate purchase. More than two-thirds of single women recently surveyed said they\u2019d rather not wait until marriage to purchase a home, according to a Bank of America survey that suggested more single females are \u201cskipping the spouse ahead of the house.\u201d Eighty-seven percent … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-19986","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nSkip the Spouse, Buy the House? - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/skip-the-spouse-buy-the-house\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/skip-the-spouse-buy-the-house\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/skip-the-spouse-buy-the-house\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Skip the Spouse, Buy the House?\",\"datePublished\":\"2022-01-25T14:43:32+00:00\",\"dateModified\":\"2022-01-25T14:43:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/skip-the-spouse-buy-the-house\\\/\"},\"wordCount\":347,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/skip-the-spouse-buy-the-house\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/skip-the-spouse-buy-the-house\\\/\",\"name\":\"Skip the Spouse, Buy the House? 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