Ann Arbor Michigan Insider Community Information

Wednesday, March 14, 2007

Women in Ann Arbor On the Move

Kathy Toth and Team are seeing more single women purchase homes in Ann Arbor. According the National Association of Realtors profile of home buyers 2006, the number of single women buying their own homes has doubled in the last 10 years. More than half of all first time home buyers are women. Here’s a timeline of some other interesting statistics:

- 1999 - Twenty seven percent of all US home buyers were single; 40% women 33% men.
- 2000 - Twice as many single women as men purchased homes. Single women purchased . 10% of all “second” homes or vacation homes.
- 2001 - Single women accounted for 15% of all home buyers; single men were 7%.
- 2002 - Single women bought one in every seven properties and accounted for 17% of mortgages.
- 2003 - Single women accounted for 21% of all homes purchased and 75% of them did not have children.
- 2010 - Women-owned households are expected to be 31 million, which makes up more than 25% of all home buyers in the U.S.

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