Kristin Marshall: Calling All the Single Ladies! Home Ownership Is Within Your Grasp

Navigating Real Estate Episode 16

A recent analysis by LendingTree found that single women who live by themselves are more likely to own a home than single men in 48 of 50 states. The analysis has generated quite the buzz, being written about in both the Washington Post and Forbes. It may be a surprising statistic considering the financial hurdles women have historically faced. For example, women earn 83 cents for every dollar a man makes. So what’s driving this trend and should we be surprised?

Here to chat with us today is Kristin Marshall, Broker RE/MAX Key Properties and NestBend.

You can read Kristin’s column in the Source Weekly here. 

In this episode Ryan Buccola and Kristin Marshall discuss:

• The recent analysis from LendingTree showing that single women who live by themselves are more likely to own a home than single men in 48 of 50 states.
• How Kristin and her team at NestBend support single women in the home buying process. From lending and budgeting to finding the right neighborhood, there are specific items that single women should be conscious of.
• Some of the common concerns during the home buying process that are specific to single women.

Key takeaways:

• Single women are most concerned with resale value and the outcomes of a home inspection. The home purchase is most often seen as a stepping stone to this group of buyers, a path to the next right home or investment opportunity.
• Finding a trusted real estate broker and lender is key to navigating the process of home ownership, with any type of buyer, but may be more important with single women. Building a team of experts is essential when you are on your own.
• It’s important for single women looking for a home in Bend to really think about the things that you want in a home and a neighborhood. Your non-negotiables may be different than a couple.