Single Women More Likely To Own Homes Than Single Men In Nearly All States

Single women who live by themselves are most likely to own a home than single men in 48 of 50 states, according to a new analysis by LendingTree. LendingTree looked at data from the U.S. Bureau of Labor Statistics and found that women own about 2.46 million more homes than single men. Single women own about 10.76 million homes, about 12.90% of all owner-occupied homes in America, while men own only 8.12 million, 10.06%. Louisiana has the highest share of homes owned by single women, but Florida has the largest gap in ownership rates among single men and women – 4.55% – nearly two percentage points higher than the national average of 2.84%. North Dakota and South Dakota are the…

Predictions: Chilly Market Ahead For Housing In 2023, Conditions Improve In 2024

By CHUCK GREEN According to experts, not only is the housing market expected to continue cooling this year, the forecast remains chilly entering 2023. Real house prices jumped 10.5% in September and logged a 60.6% YOY increase, according to First American’s Real House Price Index. But prices fell in 15 out of the top 50 markets they analyze. Mortgage originations saw their largest annual decline in 21 years this fall, further evidence that the housing boom is coming to an end. Originations fell 47% YOY in Q3, according to ATTOM Data’s Q3 2022 U.S. Residential Property Mortgage Origination Report. Quarter-over-quarter they were down 19%, the sixth consecutive drop. So, what in the name of the cranky barometer’s up? For one thing, surprise, surprise,…

Hot Market, Inflation Causes Rental Rates To Skyrocket In America

By KIMBERLEY HAAS More than a quarter of the states in the country have experienced a rental price increase of 20% or more in 2021 and a senior research analyst says people moving out of cities and into more rural communities are partially to blame. Nick VinZant works for QuoteWizard by LendingTree. He co-authored an article that was published this month which shows that Florida had the highest percentage increase in the nation at 29%. The average rent for a one-bedroom apartment in Florida is about $1,425. Arizona, Georgia, Idaho, Massachusetts, Nevada, New Hampshire, New Mexico, New York, North Carolina, Rhode Island, Tennessee, Utah, and Washington all saw rents increase by more than 20% for one-bedroom apartments in 2021, according…