Single women second largest group of homebuyers

From the Press of Atlantic City:

In New Jersey, more single women are buying homes. Here’s why

Angela Cottrill likes having control over the place where she lives.

The single hairstylist wanted the investment of owning a condo, so she put in extras hours at her job and saved money to buy her own home after living with roommates in apartments and in a small house in Linwood.

“After a couple of years renting, it sort of became a little silly to throw money out or spend time fixing up the place when I know when my lease is up or when I left, I would essentially be left with nothing,” said Cottrill, 28, who bought her Somers Point condo in September.

After married couples, the next largest demographic group of homebuyers is single women, according to the National Association of Realtors and New Jersey Realtors.

“Unmarried couples, single females and single males, they all seem to be a growing share, especially among younger, first-time buyers,” said Jessica Lautz, vice president of demographic and behavior insight for the Realtors group.

More single women are purchasing homes each year due to their increased job stability, said Angela Desch, broker manager, residential and commercial, Coldwell Banker Argus Real Estate in Ventnor, and vice president of the Atlantic City and County Board of Realtors.

“For example, some professions, like nursing, where there is a shortage and wages seem to be quite competitive, those in that industry are able to finally afford a home on one income. First-time homebuying grants are also helping,” Desch said.

This entry was posted in Demographics, Economics, New Jersey Real Estate. Bookmark the permalink.

38 Responses to Single women second largest group of homebuyers

  1. Juice Box says:

    That storm was a bust

  2. Blue Ribbon Teacher says:

    What’s Murphy? 0 for 4 now?

  3. Grim says:

    7-8 up here in Wayne – but absolutely beautiful this morning.

  4. joyce says:

    I think the weather forecast was fairly accurate. 6+ inches in North Jersey, much less or just rain in the south.

  5. Bruiser says:

    Joyce, at 8pm, the NWS Mt Holly office still had Gloucester & Salem counties in a Winter Storm Warning. Trenton was in a 6-8 predicted snowfall zone all day, and was finally revised down to “3-7 inches” around 9pm, when the storm was already half over. B U S T E D

  6. Fast Eddie says:

    Storm was a bust? What was that 8 inches of white stuff I just shoveled?

  7. Blue Ribbon Teacher says:

    It did not warrant a state of emergency.

  8. Juice Box says:

    New Murphy Millionaire tax in the works, how long before they lower it to $200K?

    “would extend a higher tax rate enacted last year for income over $5 million to income over $1 million”.

    https://www.nj.com/politics/2019/03/murphy-will-propose-tax-increase-on-wealthy-to-raise-447m-for-nj-budget.html

  9. Fast Eddie says:

    We’re on pace for the longest economic expansion even. Tax cuts are the direct result of changes to the tax code. Liberals p1ss themselves, loss control of emotions and wish for relevancy. Real men make money; weak men wish for social utopia.

    https://tinyurl.com/yxwy3k2n

  10. joyce says:

    “Tax cuts are the direct result of changes to the tax code.”

    isn’t that usually how it works?

  11. chicagofinance says:

    I think the new shelf life for hard living is roughly 46-52….. the body finally gives out….. people still look young on the outside, but their innards are corroded….

    Juice Box says:
    March 4, 2019 at 11:41 am
    Rip Firestarter!

    https://www.youtube.com/watch?v=wmin5WkOuPw

  12. Juice Box says:

    Chi – he committed suicide.

  13. Libturd, can't say I didn't warn you. says:

    I loved Keith Flint. He’s like techno’s Cobain. He did live hard though. These fukcin’ drugs get them all.

  14. 1987 Condo says:

    RIP, Luke Perry, 52

  15. Fast Eddie says:

    Joyce.

    Yes. lol. I was trying to do too many things at once.

  16. chicagofinance says:

    left: Looks like the Red get Union/Colgate winner at Lynah in 2 weeks. Are they a lock yet for NCAA, or do they need to make it to Lake Placid?

  17. Grim says:

    Aliens will come down to earth and wonder why we worship and build temples to salt.

  18. Juice Box says:

    Salt Sheds of New Jersey

    sounds like a coffee table book when you search google pics.

    Seems however Manhattan has us beat.

    https://www.architectmagazine.com/design/how-the-salt-shed-happened_o

  19. Libturd, can't say I didn't warn you. says:

    This is what NYSDOT is building these days.

    https://bit.ly/2H08HID

    Have no clue of the cost, but I would bet you could build 10 of these for one NJ shed.

  20. grim says:

    5.3 million!

    Would be cheaper to buy 2 or 3 NJ McMansions and store the salt inside. You’d probably get more cubic feet this way too.

  21. Libturd, can't say I didn't warn you. says:

    400K.

    I love NJ!

  22. Libturd, can't say I didn't warn you. says:

    I’m sure you guys saw this beauty.

    http://gannettfleming.com/Projects/2015/03/03/05/48/replacement-of-the-bloomfield-state-police-station

    And you wonder why the state has no money.

    Every single new government building (and there are a ton of them), is built to be glorious. It’s nice spending other people’s money.

  23. The Original NJ ExPat says:

    We received about 15″ in my end of Boston. Fairly heavy, but not the heaviest snow. It was a little bit of trouble for my 1983 Toro 3521, but it eventually got the job done.

    We have received about 50% of our total snowfall for this Winter in the last 4 days.

  24. Libturd says:

    Saw Crazy Rich Asians last night. Though a little formulaic, was probably the best film I’ve seen in a couple of years. For something very different and also quite good, watch Shoplifters (Japanese film, so subtitles). Finally, has any one else here watched Sorry to Trouble You? Was probably the most insane movie I’ve seen since Strange Brew, though much deeper.

  25. Libturd says:

    Meant to say, sorry to bother you.

  26. Ex says:

    4:44 “…15” in your end ?”

    Yep Sounds about right….

  27. No One says:

    C.R.A. was good. My wife (Asian) watched it twice.
    Sorry to Bother You – looked it up – sounds like a woke comedy turned slasher. Maybe Otto should watch it. Or maybe he did and that’s why he’s now dreaming of murdering capitalists.

  28. Ex says:

    A spate of protectionist policies with trading partners reduced real US income by $1.4 billion a month at the end of 2018, according to a new study by economists at the New York Federal Reserve, Princeton, and Columbia.

    Using official data on prices and quantities of imports, they found American consumers and businesses footed the bill following the $283 billion worth tariffs the Trump administration levied on major economies last year while overseas companies paid little to nothing.

    “The entire incidence of the tariffs fell on domestic consumers and importers up to now, with no impact so far on the prices received by foreign exporters,” economists Mary Amiti, Stephen Redding, and David Weinstein write.

    Throughout his months-long trade war, President Donald Trump has repeated the dubious claim that other countries pay tariffs. Last year, he asserted they could start paying down “large amounts” of the national debt (which is more than 9,000 times what the Treasury Department has typically brought in from tariff revenue each month of the Trade War.

  29. Oh my goodness! Incredible article dude! Many thanks,
    However I am encountering troubles with your RSS.

    I don’t know the reason why I can’t subscribe to it.
    Is there anybody getting identical RSS problems? Anyone that knows the solution will you kindly respond?
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