Why Single Women Are Buying Homes at Twice the Rate of Single Men

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    My goodness it’s another ‘Murphy Brown’ incident, but instead of professional single women having babies out of wedlock their buying houses without having a family. June Cleaver should be rolling in her grave – PB/TK

    Why Single Women Are Buying Homes at Twice the Rate of Single Men by Mary Pilon

    By 2007, Michelle Jackson, a 30-something writer in Denver, held a master’s degree, had traveled the world, and was enjoying her social life as a single woman. She also felt the pull to purchase her own home, a rite of passage she thought was reserved for the coupled.

    “I wanted to have my own place,” Jackson said. “A lot of people in my circle of friends were women purchasing their homes when they got married, but I still felt like I wanted to build my own wealth and buy. If and when I met someone, it’s something that just added to what I bring to the relationship. It didn’t make sense to wait.”

    A few open houses later, Jackson was preapproved for a 30-year, fixed-rate mortgage and had put an offer in on a small, one-bedroom home in a triplex in Denver for $72,500. She still lives in the home, which was appraised last year at more than double the price she paid, and said she plans to renovate it and perhaps buy an additional property nearby.

    “I’m so happy,” Jackson said. “It’s completely changed how I feel connected to the place where I’m living. It’s one of the best things I’ve ever done.”

    Continue to Bloomberg.com article: https://www.bloomberg.com/news/articles/2017-01-31/why-single-women-are-buying-homes-at-twice-the-rate-of-single-men

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