Single adult women make up second largest group of homebuyersPosted: Updated:
GOODYEAR, Ariz. -- It is still tough times for the housing market, but there's a specific group of women who are making their mark when it comes to buying a home.
"I bought my first house back in 1975 and that was a year after getting divorced," Lorna Anderson said.
Anderson has never remarried. Her latest love is her new home in Goodyear at Robson Pebble Creek.
"I remember one of my neighbors in Minnesota saying, 'What does a single woman want with a house all of her own?' And I said, 'Probably the same thing a married woman does!'" Anderson said.
Her recent purchase makes Anderson part of one of the strongest groups of buyers out there right now. According to the National Association of Realtors, single women are the second largest group of buyers after couples. The average age? Forty-eight years old. Many never married or are divorced or widowed, and the majority buy single-family homes.
Melissa Kallett works in the community and fits the profile.
"As someone who's been single my entire life and who's had a career and now a second career, it doesn't surprise me at all," she said. "Can't depend on anyone more than yourself!"
For these women, home ownership is just a part of their independence.
"The financial security, the investment, building equity, having something of your own, the privacy, why should that be different for a single person rather than a married person?"