Virginia Association of Realtors issued the following announcement on March 1
Happy Women’s History Month! This month (which has grown from being established as a single day of recognition in the 1970s) was designated as a time to honor the achievements of women throughout the years and recognize their significant contributions to both events of the past and modern-day society.
In honor of this meaningful month, we decided to highlight a few statistics that illustrate the significant impact women are making in both the real estate industry and market.
Women in Real Estate
Did you know that female REALTORS® accounted for an impressive 65% of the National Association of REALTORS®’ 2021 membership? This number has soared in recent years, up from 57% in 2010. These numbers signify the incredible evolution of women in real estate, especially considering that when NAR was founded in 1908, the membership was 100% male. According to NAR’s most recent membership profile, the majority of their members are “women homeowners with a college education.”
Women in the Housing Market
Today, women are becoming homeowners in record numbers—and many of them are doing it on their own. In Virginia, just over a third (34%) of single females (that is, women who have never been married) own a home. While single females account for just about 6% of all homeowners across the state, they bought homes at a record pace last year. According to NAR’s Profile of Home Buyers and Sellers, single females accounted for one out of every five buyers in 2021.
It is exciting to think how these numbers will continue to evolve over the coming years.
Original source can be found here.
