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Tribune News Service
Tribune News Service
Business
Jeff Ostrowski

Single women emerge as force in homebuying, despite affordability challenges

When the pandemic locked down the nation, Kristin Howard had lived in the same one-bedroom apartment in Los Angeles for 16 years. Suddenly, her home became her office, and her space went from suitable to cramped.

So Howard decided to buy a place. After struggling to find a home in her price range in Los Angeles’ notoriously unaffordable housing market, Howard landed a single-family house for $760,000.

Howard made the purchase as a single woman, and soaring home prices made the process a challenge. “It was extremely stressful,” she says. “Everything is so expensive.”

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