205: Who is Buying Homes in 2016?

According to Nat’l Association of Realtors, who is buying homes in 2016? Let’s take a look at who is buying homes, by marital status: Married 66% Single females 17% Unmarried couples 8% Single males 7% Interesting because from 2005 - 2010, 20% were single females, but only 15% in 2015. Homebuyers’ median income: Married couples $99,200 Unmarried couples $84,800 Single males $69,600 Other $69,100 Single females $55,300 So although single females have lower incomes than others, they are a big group of buyers. Why? 1. Possess own home 38% 2. Change in family situation 11% 3. To be closer to family/friends 9% 4. Desire for smaller home 7% 5. Retirement 5%   To get “11 Quick Financial Tips to Boost Your Wealth”, go to www.lindapjones.com.