Women Call The Shots When Buying Homes
What do women want?
Plenty, when buying a home. And how they go about finding the perfect palace often is as different from men's approach as, well, Venus is from Mars.
Women rely more heavily on their emotions and men deal with the facts, scientific research shows. And more often than not, experts say, women ultimately are the "deciders" in the choice of which home to buy and where.
"It's an old stereotype but true," said Richard Peterson, a psychiatrist who specializes in investment psychology. "Women access their emotional center," tapping into how they feel about a purchase. Men typically don't. Turns out, he added, those emotions lead to better decision-making.
Women "handle global impressions better," Peterson said.
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First Posted: 03/28/08 03:44 AM ET Updated: 11/17/11 09:02 AM ET