Single Women Make up 21% of all buyers

I mentioned here about 15 months ago as I noticed that a good amount of my clients the previous year were single women. It turns out 21% of all home buyers last year were in that category. That's more than twice the rate of single men across the country, according to the National Association of Realtors.

Low mortgage interest rates, lots of homes on the market and higher earnings may be some of the reasons why women are buying homes but I've not read or heard the answer to the obvious corollary -- why don't more single men buy homes for themselves? Is it just some sort of natural phenomenon? Are single men home-adverse? Are they financially unstable or uninformed?

Here's something that may explain a little of that: Maybe it's because of the 4.3 million Americans age 25-34 who are still living at home with their parents, about 63% are men.

According to a Sears study, about 85% of women have been, are, or expect to be soley responsible for a house within their lifetime.