- I Real Women In Real Estate (NAPSA)—According to a recent national survey, a growing CAN DO ryone will...w! number of womenare getting into homeownership and real estate investing. The National Association of Realtors Profile of Home Buyers and Sellers reveals: Approximately 21 percent of all home buyers are single women for a total of 1.7 million. Single women purchase approximately one in five homes, while one in 10 are purchased by single men. The single female segment of the home-buyer population accounts for 18 percent of all homebuyers. More women (15.5 million) than men(11.8 million) live alone. Among these, women are more likely than men to own their homes(56 percent vs. 47 percent). e Almost one-quarter of the nation’s nearly eight million sin- gle mothers spend more than half their incomes on housing, com- pared with one-tenth of households headed bysingle fathers. Between 1994 and 2002, the number of unmarried females owning homes climbed from 13.9 million to 17.5 million. “In today’s climate, in which women are more career-driven, independent andfinancially savvy, they’re recognizing what we discovered in our research—andthatis, real estate is the most‘able’ invest- ment a person can make. It’s appreciable, leveragable, improvable and stable,” said Dave Jenks, co-author of The Millionaire Real Estate Investor (McGraw-Hill). A recent best-seller on The New York Times, Wall Street Journal and BusinessWeek lists, the book showcases one-on-one interviews with 120 millionaires who built aN Millionaire The Real Estate Investor GARY KELLER WITH DAVE JENKS AND JAY PAPASAN @ More and more women are buy- ing houses and building up real estate investmentportfolios. personal wealth by making their money work for them, versus working for their money. What’s more, they did it all within the real estate market. The book also takes a hard look at the money myths—or ‘MythUnderstandings’——that deter some people from investing. They include: Investing is complicated. The best investments require knowledge most people don't have. Successful investors are able to time the market. e All of the good investments are taken. According to co-author Jay Papasan, most of the investors interviewed identified with at least one of these “MythUnder- standings” before buying their first investmentproperties. You can find the book at most bookstores and learn more at www.millionairesystems.com.
