Named the city of the United States, in which most unmarried people buy housing
'30.05.2017'
Source: Miami Herald
New research ATTOM Data Solutions analyzed the issuance of mortgage loans in the United States in the first quarter of the year 2017 and showed in which cities the highest percentage for the purchase of housing by unmarried people.
As it turned out, the most unencumbered people (40,2%) acquire real estate in Miami. Next in the ranking followed Seattle (37,4%), San Diego (28,9%), Los Angeles (28,2%) and Portland (27,7%).
But these numbers do not mean that there are more families living in sin in Miami than in any other city.
“The first thing that comes to mind when you hear 'co-borrowers' is two people living together,” said Ron Schaffield, President EWM Realty International. - НCo-borrowers can be anyone, including millennials who buy a home with the help of their parents to invest in real estate. ”
The Miami Association of Realtors reported an increase in apartment prices in April: by 3,7%, an increase from $ 285 thousand per year to $ 320 thousand. Prices for condo apartments rose 6,5%, from $ 215 thousand to $ 229 thousand.
Prices in the secondary housing market fluctuate around $ 200-600 thousand, making up 68,9% of the total sales of single-family homes. Rising prices are preventing young home buyers from joining the ranks of homeowners, although they want to. According to the report Apartmentlist.com, the level of homeowners among people under the age of 35 years remains at the same level of 34,3%, almost the same as in the 2016 year.
According to the study, 85% of millennials, that is, people born around 1980 to 2000, plan to buy a house or apartment in Miami.
