Singles Are Falling for Their Dream Home First
Posted by Alex Handley
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Some Highlights:
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According to NAR’s Profile of Home Buyers & Sellers, the share of recent homebuyers who were single at the time of purchase held steady at 24% last year.
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The percentage of first-time buyers who were single females rose to 17% (up from 16%), as the share of single men dropped from 11% to 8%.
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The primary reason for buying a home amongst singles was the desire to own a home of their own (38% for women and 37% for men).
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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