In today’s highly competitive housing market, finding an affordable home can feel increasingly out of reach, especially for singles.
A single homebuyer would need to save for nearly 11 years to reach a 20 percent down payment on the typical U.S. home, according to a new Zillow® analysis. However, for married or partnered couples, it would take less than five years. In San Jose, California, a single buyer would need more than 30 years to save for a down payment – longer than the lifespan of a typical home loan. http://zillow.mediaroom.com/2018-02-09-It-Takes-11-Years-for-a-Single-Homebuyer-to-Save-for-a-Down-Payment
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