Report: Singles Make Up Quarter of All Buyers

More Americans are opting to live alone, with single buyers making up a quarter of all home purchases last year, according to the National Association of REALTORS®. In the U.S., there are 33 million one-person households, and living solo is becoming an international trend, MSN Real Estate reports.

Why are so many living alone? People are marrying later, divorcing more, and living longer, sociologists say.

Eric Klinenberg, a sociologist and author of “Going Solo: The Extraordinary Rise and Surprising Appeal of Living Alone,” says that young adults ages 18 to 34 are the fastest-growing group of people living alone. Solo households are also mostly women: 18 million women live alone versus 14 million men. The majority of solo households are in cities and metro areas.

READ MORE: http://realtormag.realtor.org/daily-news/2013/08/30/report-singles-make-up-quarter-all-buyers

 

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