April 14, 2010

Homebuying can be a stressful time, for anyone.

However, is it possible that it is more stressful for one gender over an other? According to surveys by Genworth Financial Canada, it is.

According to the Globe and Mail:

The research shows that even women in fairly strong financial positions tend to be more stressed and less confident than men when it comes to home buying. “Women are consistently more worried and anxious about finances and feel they have less understanding about the home buying process than men,” Genworth says. Globe and Mail

According to the mortgage insurer, 43 per cent of the women surveyed (compared with 32 per cent of men) find the home shopping process stressful.

Genworth found that the women surveyed felt more anxiety than their male counterparts when thinking about their financial futures.

Are there any solutions to relieve the stress? According to Genworth there are a few, but I think the best method to relieve stress is to do your research. Understand the market completely. Know exactly what you want. Yes, a Realtor can help, but don’t simply rely on them. Do your own research and know what you want.

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