Relationships & Real Estate



Relationship status may affect when and where buyers purchase a home and how much they spend on a home, according to a new infographic from the National Association of Realtors.

NAR analyzed the median age, income, and size of home purchased for married couples, unmarried couples, single men, and women.

Researchers found that married couples tend to spend the most on their home purchase, averaging $240,000. Unmarried couples average $186,600 on their home purchase, followed by single males who spend $173,700 and single females who spend $153,600.

Researchers also identified the following most important neighborhood features among the groups:

  • Single females: convenience to friends and family
  • Single males: convenience to entertainment/leisure activities
  • Unmarried couples: affordability
  • Married couples: quality of and convenience to school district

Take a look at the infographic below to learn more about how the relationship groups differ on their housing tastes.

infographic_relationships_and_homeownership_02092015

About Mike Wheatley

Mike Wheatley is the senior editor at Realty Biz News. Got a real estate related news article you wish to share, contact Mike at mike@realtybiznews.com.

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free