This is the day we have been planning for quite some time
now. This is the day the May-Wall Team
launches a new segment of our business that is geared toward helping single
women buy homes…if that’s what they want to do.
According to information provided by the National
Association of REALTORSÒ,
home ownership by single women is twice as great as that of single men. Generally speaking, home purchases by women
make up about 20% of ALL home sales.
That’s a lot! Single men represent
only 10% of the market. That’s an
interesting fact since women have not fully reached equality on the pay scale with
their male counterparts.
We feel that the single woman prospective homeowner is a
market that has been greatly overlooked in the real estate industry. We want to change that. We want to provide information to single females
that will give them insight into their ability to achieve their dream of home ownership. Knowledge is a powerful thing. Sometimes just knowing that you are capable
of doing that thing you want to do is enough to spur you on to the next step.
So you might be asking, "Just what qualifies you to help
this particular segment of the market?”
Well, experience for one thing. I
got married for the first time when I was 36 years old. I was working in the financial industry from
the time I was 22, had job security, and a good savings. But I was scared to death to take the plunge
into homeownership. It was something I
really wanted to do but just did not have the courage.
When I was single back in the mid-1990’s there was a condo
in the Houston area that I almost bought.
It was going to cost me $60,000 and the payments would probably have
been less than what I was paying in rent.
I was living in that same complex for crying out loud and paying rent of
$600 a month (that was a lot back then.)
Today that same condo sells for between $110,000 and $115,000. At that sales price I would have gotten my investment
back plus some. I didn’t recoup any of
the rent I paid out while I lived there.
Hmmmm. I probably should have
pulled the trigger on that one.
Sometimes playing it safe doesn’t pay off in the end.
I want to help single women buy homes. So my mission is to provide as much
information as I can and to be a resource to single women who currently rent
but would rather own. Whether you are
never-married, divorced, or widowed, I can relate to the challenges you face in
regard to owning a home of your own.
Please send your questions my way.
I’m here to help.
Posted by Monte Wall
Broker Associate With Keller Williams Premier Realty
