Women Drive Real Purchases
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Women are working more, earning more and buying more than they ever did. Consequently, they have a significant influence on the American economy in general, and the real estate industry in particular.
The collective buying bent of US women accounts for about 85 % of all consumer purchases. When it comes to purchasing patterns, women are estimated to lead to 94 % of home furnishings decisions, 91 % of new homes purchase decisions, and 89 % of swing decisions.
Women ' s earnings have accelerated over the last few years and they have emerged as the Chief Purchasing Officers in their households. According to IRS data, women constitute 39 % of the top cash holders in the country. This means about 2. 5 million women lock up a property of $4. 2 trillion put in sync. Notably, the IRS estimates that by 2050, 42 % of these women will be single or widowed. The IRS further estimates that more treasure is bound to be accumulated among women.
Exceeding growing trend that emerged in a December 2006 study by the Governmental Association of Realtors ( NAR ) was that about 22 % of homes purchased between July 2005 and June 2006 were by single women who were in the 25 to 34 age radius. Women accounted for a transcribe number of 1. 76 million home purchases ( 1 in every 5 homes ), a significant boost from 14 % a decade ago. Women ' s growing prosperity in their careers, higher education, financial independence and a long to body an early dray on their concede, are some of the reasons that have spearheaded this home buying trend.
Among the capacious demographic spectrum in the real estate industry, women have alter to a coercion to believe with. Real estate agents are increasingly fascinating note of their female clients and the ability they wield in home buying decisions. By the influence that they bring into play in home buying decisions, women conformation a significant and growing market that cleverly cannot be ignored.
If you are considering buying a home, kennel, or any other real estate, be forceful to seek out the services of a local real estate agent to example you concluded this tangled process.
Visit my site - Local Real Estate
Women are working more, earning more and buying more than they ever did. Consequently, they have a significant influence on the American economy in general, and the real estate industry in particular.
The collective buying bent of US women accounts for about 85 % of all consumer purchases. When it comes to purchasing patterns, women are estimated to lead to 94 % of home furnishings decisions, 91 % of new homes purchase decisions, and 89 % of swing decisions.
Women ' s earnings have accelerated over the last few years and they have emerged as the Chief Purchasing Officers in their households. According to IRS data, women constitute 39 % of the top cash holders in the country. This means about 2. 5 million women lock up a property of $4. 2 trillion put in sync. Notably, the IRS estimates that by 2050, 42 % of these women will be single or widowed. The IRS further estimates that more treasure is bound to be accumulated among women.
Exceeding growing trend that emerged in a December 2006 study by the Governmental Association of Realtors ( NAR ) was that about 22 % of homes purchased between July 2005 and June 2006 were by single women who were in the 25 to 34 age radius. Women accounted for a transcribe number of 1. 76 million home purchases ( 1 in every 5 homes ), a significant boost from 14 % a decade ago. Women ' s growing prosperity in their careers, higher education, financial independence and a long to body an early dray on their concede, are some of the reasons that have spearheaded this home buying trend.
Among the capacious demographic spectrum in the real estate industry, women have alter to a coercion to believe with. Real estate agents are increasingly fascinating note of their female clients and the ability they wield in home buying decisions. By the influence that they bring into play in home buying decisions, women conformation a significant and growing market that cleverly cannot be ignored.
If you are considering buying a home, kennel, or any other real estate, be forceful to seek out the services of a local real estate agent to example you concluded this tangled process.
Visit my site - Local Real Estate
