More Women Own Homes than Men
In Australia, statistics show that more women own homes compared to men. Diane Leow of PropertyObserver.com writes that this is mostly because potential buyers are actually drawn into buying with the way the properties are being marketed and that is by displaying kitchens as nicely as they could.
One real estate agent says that women get more emotionally attached and this is one of the reasons why they tend to buy instead of just rent. He also says that the real estate market is getting better but buyers will be very picky with what they are going to purchase.
Buyers, nowadays, are not actually buying property because of how the property is right at this moment. Rather, they try to see how they can improve it and if there is room for renovations. They are also assessing if they can afford the renovations that are needed of the property.
Read the full article here.