Singles Continue Buying Homes Instead Of Renting

Dated: 07/21/2017

Views: 588

Singles Are Falling for Their Dream Home First 

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Some Highlights:

  • 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.

  • 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%.

  • 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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Lance Whipple PA

Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a real estate brokerage in Oregon during the 1960s and 70s. Lance helps mainly vacation home investor....

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