Buying a House As a Single Person in a Market Geared for Two
How are single people buying homes in this market? We take a look.
February 20, 2025 9 MIN
How are single people buying homes in this market? We take a look.
Wondering how young people are affording homes? Often, it's due to a six-figure gift from mom and dad.
Six figures used to buy you a pretty sweet house: about 140% of the typical home. Now? About 90%. What happened?
A typical first-time buyer house payment eats up 50% of the median income. But these aren't uncharted waters. It just feels terrible because the early 2020s were comparatively so cheap.
Mortgage rates have been on a roller coaster of late. What might 2025 bring for rates?
