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The unique challenges women have faced in the past and continue to face today make owning a home a tangible sign of success for a woman. A woman’s home is a space to creatively express desires and dreams and to evoke certain feelings. From a practical standpoint, it’s an investment and source of security that remains a constant regardless of her marital status.
The NAWRB 2018 Women in the Housing Ecosystem Report (WHER) reveals some of the factors and trends that have contributed to an increase in women pursuing homeownership on their own. Single women and mothers are attracted to homeownership as a source of stability, a means of wealth-building, a safe place to raise their children and a sanctuary to call their own. According to the U.S. Census Bureau, single women have outpaced single men in homeownership for the last thirty years.