All the single ladies are becoming homeowners.
What’s happening: Single women own more homes than single men — in North Carolina and across the country, Axios’ Brianna Crane and Alice Feng report.
Why it matters : Sixty years ago, women couldn’t get a credit card or a mortgage without a male co-signer. Now, the share of single women homeowners eclipses single men .
Driving the news : Solo women mortgage applicants made up 18% of the market in 2023 — a share that’s slowly grown since mortgage platform Maxwell started tracking applicants’ gender and marital status in 2021.
- One in 3 women with partners bought alone because they were in a stronger financial position to do so, Maxwell’s annual Single Women Home Buyer Report found.
State of play : Census data shows single women own close to 14% of North Carolina homes, compared to just over 9% of single men.
What they’re saying: We’re seeing a rise in the number of women homeowners — and a strong shift toward women-led households, Urban Institute researcher Jung Hyun Choi tells Axios.