By Ramsey Judah
There has always been the old adage that women shop more than men. Well they don’t just shop more, they buy more. And we’re talking about millions of dollars more in real estate.
Single women have been outpacing single men in the housing market before the housing crash. The numbers of women after the crash went down but seem to be making a comeback.
According to a study by the California Association of Realtors, female purchasers are entering the market more in 2016 than in previous years. The numbers seem to correlate with the fact that more women are now making more money now than every before. More women are reporting a salary of more than $100,000 per year.
Although we have not reached a system of full equal income equality for women just yet, it is obvious that such an equal system is long overdue and would only benefit huge aspects of our economy like the housing market.
Ramsey Judah is a broker with The Judah Group and can be reached at ramsey@TheJudahGroup.com and @RamseyJudah on Twitter and Instagram.