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Stock impact report

20 Million Single Women Now Own Homes, a New U.S. Record [Yahoo! Finance]

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: Yahoo! Finance
challenges, the number of single female homeowners in the U.S. climbed to an all-time high last year, surpassing 20 million. America's solo female homeowners achieved this record-breaking milestone despite a slight dip in their overall homeownership rate, which decreased from roughly 52% to 51%, according to a new report from First American Financial Corp ., a provider of title insurance and settlement services. Although this may seem like a paradox, Odeta Kushi , deputy chief economist at First American, explains that the easing homeownership rate is not a sign of weaker demand; instead, the number of single women forming households on their own simply outpaced the speed of home purchases. "In other words, the rate softened not because fewer women owned homes, but because more women formed independent households," writes Kushi. Realtor.com® Chief Economist Danielle Hale points out that the profile of the single female homeowner defies the common stereotype of the young, never Show less Read more
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