Single Women, First Timers Take Bait

Renters, particularly single women, are taking the bait and buying their first home. Reel us in, housing market! We're ready to move in and redecorate.

The "bait," of course, is the large number of homes on the market at increasingly reduced prices. The U.S. housing market sold a bigger share of homes to first-time buyers and single women this year, shows a new homebuyer survey conducted by the National Association of Realtors.