Article by Janet Siroto
Featured expertise by Jason Gelios
With only half of adult Americans married today, it stands to reason that many aren’t waiting to get hitched before buying a home. In fact, the latest figures by the U.S. Census Bureau found that 38.4% of homeowners lack a partner.
Yet while buying a home alone is hardly a rarity these days, single homebuyers face a tougher road in today’s seller’s market. The competition for homes is ferocious, so many single homebuyers are scrambling to have the financial means to get an edge.
“If you are the single source of income, you typically don’t see the same type of earning power or aggregation of wealth. That can prove challenging in such a hot market,” says Katie Thurber, licensed real estate salesperson at Serhant.
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Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country.