HousingWire Daily
Odeta Kushi on the spring housing market
Mar 13, 2024
Discussing the rise of home ownership rates in single female-headed households and the impact of the pandemic on women's employment and net worth. Analyzing the current state of the spring housing market, forecasting interest rates, and exploring housing market trends among Gen Z and millennials. Emphasizing the need for more inventory to balance the market and providing advice for borrowers and lenders.
26:37
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Quick takeaways
- Single women are increasingly becoming homeowners, outpacing single men due to higher educational attainment and earning power.
- Moderate spring home buying season predicted with low inventory levels, anticipating continued low single-digit house price growth in 2024.
Deep dives
Single Women Homeownership Trend
The podcast discusses the increasing trend of single women becoming homeowners, which has outpaced single men. The home ownership rate among single women rose to 52% from a recent low of 49% in 2016. Factors contributing to this trend include higher educational attainment and earning power among single women, leading them to make financial sacrifices to afford homeownership.
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