Singles Falling for Their Dream Home
Some Highlights:
- According to NAR’s Profile of Home Buyers & Sellers, the share of recent home buyers 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).