Ellie Mae: More single, female Millennials are buying homes

Loan software provider Ellie Mae just put out its latest “Millennial tracker” and found several similarities in homebuying across gender lines in this generation — with one big difference.

“While men make up the larger percentage of overall Millennial borrowers, most of them are married,” said Joe Tyrrell, executive vice president of corporate strategy at Ellie Mae. “An interesting trend we’ve been tracking all year is that single women are buying homes much more than single men. 60% of women who were listed as the primary borrower in October were single, compared to 42% of men.”

 

 

Read the source article at U.S. Housing Finance News