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Single and Looking to Buy a Home?


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2019 Feb 16, 3:15pm   721 views  3 comments

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IRVINE, Calif. — Feb. 14, 2019 — ATTOM Data Solutions, curator of the nation’s premier property database, today released an infographic behind an analysis where we uncovered top metro areas across the nation that saw the greatest difference in home value between single men and single women.



The analysis shows that on average single men owned over 1 million properties with the average value just over $300,000, and single women owned just under 1 million properties with the average value just under $300,000.

“According to the US Census Bureau, women earn 80.5 cents for every dollar a man earns, which in turn gives them less purchasing power when it comes to buying a home,” said Jennifer von Pohlmann, director of PR for ATTOM Data Solutions. “Therefore, it’s not surprising to see almost a $30,000 home value gap between single men and single women homeowners; however, we do see that in some of those higher valued markets, single women are owning more homes than single men, so hopefully it’s just a matter of time before the gender of the housing market values balance out.”

Six of the top ten metro areas where single men have the greatest gap in estimated home value compared to single women were in California: San Jose-Sunnyvale-Santa Clara; Santa Cruz-Watsonville; San Francisco-Oakland-Hayward; San Luis Obispo-Paso Robles-Arroyo Grande; Los Angeles-Long Beach-Anaheim; and Oxnard-Thousand Oaks-Ventura.



Methodology

For this data dive ATTOM Data Solutions looked at home values across the nation and narrowed down home buyers by single men and single women as stated on the sales deed and tax assessor records. From there ATTOM Data narrowed down the metropolitan areas based on population size of 200,000 or more and having at least 100 or more total properties of SFH and Condos owned by each category.

Additional graphic chart in link:

https://www.attomdata.com/news/most-recent/attom-data-dive-single-and-looking-to-buy-a-home/

#Housing #Singles

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1   MisdemeanorRebel   2019 Feb 16, 3:59pm  

Kakistocracy says
The analysis shows that on average single men owned over 1 million properties with the average value just over $300,000, and single women owned just under 1 million properties with the average value just under $300,000.


This is sexist. Women should be able to spend $500/month at Macy's and $250 on Amazon AND put away $750/month for a home.

It's not fair men are spending $150 and putting their other $600/month away for a home.

Proof of the Patriarchal Cishetero Oppression.
2   Hircus   2019 Feb 16, 4:48pm  

Kakistocracy says
women earn 80.5 cents for every dollar a man earns


I hate this deceitfully invoked stat, as it misleads both men and women as to what the true gap is, and what causes it. Misleading people causes unwarranted social friction, and hinders legitimate improvement.

I looked into this topic a bit maybe 5 years ago, and found that when you compared men and women but controlled for job and experience (so that you compared people doing the same job with the same experience), that wage gap was then pretty tiny, like under a few %. Women actually make more in their 20's, but around age 30 is where the populations diverge due to childbirth, and the resulting effects it has on both men and women, such as which jobs are pursued.

I didn't research the topic deeply, and so I don't wish to give the impression that I think it's all a lie (because I do think some unwarranted bias exists, along with warranted bias), but it does seem greatly exaggerated. That damn "80.5 cents" stat is so simple, and so easy to verify, that there's no wonder why it has proliferated so much.
3   anonymous   2019 Feb 16, 5:20pm  

Very limited knowledge about the wage gap here in the local area however there is one based on wages told to me from people working the same job but then skill sets may enter into that picture as well.

What I see going on in the immediate area however is a very large number of single women buying homes and they outnumber the single men in this particular area.

Never saw this before - so many single women as homeowners and most of them are doing their own lawn care, painting, shoveling snow etc. as well. They have more ambition then most of the husbands - truth be told.

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