Single female Baby Boomers are buying more homes

According to a new Del Webb survey, single female Baby Boomers are on the rise in the homeownership game.

According to 50 Del Webb communities across the country that have been observed since 2012, the percentage of single female homebuyers has increased to represent one in five Del Webb buyers.

"The single female baby boomer demographic has emerged as a growing source of demand in the new homebuyer market," said  Lindsay Motley, regional vice president of sales for PulteGroup, Inc., the parent company of Del Webb. "This is a group of women that is confident, financially savvy and ready to make long-term financial commitments. With single female boomers now numbering approximately 25 million, this growing population represents a tremendous opportunity for our Del Webb communities."

Motley added that the percentage of single female homebuyers is likely to keep increasing, as research has revealed that 28% of single female Baby Boomers expect a change in their housing needs within the next five years.

"Boomers may be downsizing, but they have worked hard over their careers and don't want to compromise on high-end features, such as granite countertops, upgraded appliances, sunrooms and luxurious baths," said Motley.

Of those planning to move, 50% prefer a single-family home, followed by condo (19%), apartment (19%) or townhome (9%).

Additionally, the vast majority (74%) said they plan to stay in the same city or state. Only 12% prefer to move to a beach town.

The Del Webb Baby Boomer Survey was conducted online within the United States by Harris Poll on behalf of PulteGroup, surveying 1,020 single, female U.S. adults ages 50-68.