This is a shout out to all my single ladies out there.
Now let me explain…
According to researchers at the Housing Finance Policy Center of the Urban Institute, single women are statistically better at paying their mortgages and default less than their male counterparts.
Also, even though, on average, they have lower incomes than single men, they tend to put down larger down payments.
Single women are now the second largest group of buyers of real estate. They account for between 15% - 20% of all home purchases.
Yet, still, single females are charged more for loans, and are denied credit more often.
However...lenders are starting to see what real estate agents already know. That they are missing out on a lot of good mortgages, and they are starting to come around. So don’t despair my lovely ladies, you are being heard, and you are definitely being noticed!
Call me today and we will find you that perfect place to call home!
Michele Boyer, REALTOR