International Women’s Day is a time to recognize the achievements of women across industries, and real estate is no exception. Women are making significant strides as homeowners, investors, and professionals in the real estate sector. In fact, single women have been outpacing single men in homeownership for decades. Let's dive into the numbers and explore how women are influencing the housing market today.
Women Lead the Way in Homeownership
According to the National Association of Realtors (NAR), single women accounted for 17% of all homebuyers in 2023, compared to just 9% for single men (NAR 2023 Home Buyers and Sellers Generational Trends Report). This trend has remained consistent over the years, showing that women see homeownership as a key part of financial independence and stability.
Why Are More Women Buying Homes?
Several factors contribute to this rise in homeownership among women:
- Financial Independence: More women are achieving higher salaries and career advancement, allowing them to invest in real estate.
- Long-Term Security: Homeownership provides stability, tax benefits, and wealth-building opportunities.
- Investment Potential: Women recognize that real estate is one of the best ways to build equity over time.
The Gender Gap in Homeownership
Although women have been purchasing homes at higher rates than men, challenges remain. A 2023 study by LendingTree found that single women homeowners have a median home value 92% that of single men’s homes (LendingTree). This reflects the ongoing income gap between men and women, which impacts purchasing power.
However, despite these challenges, women continue to push forward in real estate. Many are buying homes in more affordable markets or leveraging first-time homebuyer programs to achieve homeownership.
Women in the Real Estate Industry
Women are not only leading in homeownership but also shaping the industry itself:
- 60% of all real estate agents are women (NAR Member Profile).
- Women-owned real estate investment firms are growing, with more female investors entering the market.
- More women are joining leadership roles in brokerages, property management, and real estate development.
How Women Can Leverage Homeownership for Wealth Building
If you’re a woman considering buying a home, here’s how real estate can work for you:
- Build Equity – A home is an asset that grows in value over time, creating long-term wealth.
- Generate Passive Income – Many women turn their homes into short-term rentals or invest in rental properties.
- Secure Financial Stability – Unlike renting, homeownership offers predictable monthly payments and long-term stability.
Women are driving real estate trends in the U.S., proving that homeownership is one of the most powerful ways to build financial independence and generational wealth. As we celebrate International Women’s Day, let’s continue to support women in real estate—whether as buyers, investors, or industry professionals.
If you're thinking about buying or selling a home in Summit County, Colorado, I’d love to help you navigate the market. Contact me today to explore your options!
