Singles Are Falling For Their Dream Home First!

 

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).
The Truth About Affordability Today

The Truth About Affordability Today

Part of what is keeping prices this stable is that buyer finally have more choices meaning less competition, and more negotiating power.

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