More single women than men buying homes
Find a Conversation
| Wed, 02-15-2006 - 5:32pm |
Ladies, this article is so interesting. I thought I would share it with you:
""I just got tired of waiting for Mr. Right to come along and start the American dream," says Phelan, who owns her own company, which resells time-shares. Last year, she sold that house and bought a larger one in a gated golf-course community in Reno.
"They're kind of like emotional trophies," says Phelan, 43. "It's symbolic of success — of getting out there and doing it on my own and saying, 'I'm just as capable of doing it as the next person and doing it on my own and making it.' "
A lot of other women seem to feel the same way. Last year, single women snapped up one of every five homes sold. That's nearly 1.5 million, if you're counting — more than twice as many as single men bought, according to the National Association of Realtors."
For the rest of the article, visit this link:
http://www.usatoday.com/money/2006-02-14-women-houses-usat_x.htm

Woo Hoo! I am about to be one of them (in August).
For me, it's not a symbol of power or anything, it's just that rent is such a huge waste of money. It will be nice to have that money going to something tangible for a change.
AJ, enjoying life with C.
I've owned for three years now. For me, it wasn't about emotional power or "not waiting around", it was about the cost of a mortgage being the same as rent. I just couldn't pass up the opportunity.
It's not always fun to have to spend money on things like dryers and new carpet, but if you buy smart the benefits far outweigh the drawbacks.
AJ, enjoying life with C.