Brought to you by
KIRO Radio's Tom Kelly digs deep into the Puget Sound real estate market
Real Estate
real estate woman
In the U.S., there are 33 million one-person households, and living solo is also becoming an international trend, MSN Real Estate reported. (AP Photo/File)

Going it alone: Singles make up 25 percent of market

More Americans are opting to live alone, with single buyers making up a quarter of all home purchases last year, according to the National Association of Realtors.

In the U.S., there are 33 million one-person households, and living solo is also becoming an international trend, MSN Real Estate reported.

Why are so many living alone? People are marrying later, divorcing more, and living longer, sociologists say.

Eric Klinenberg, a sociologist and author of "Going Solo: The Extraordinary Rise and Surprising Appeal of Living Alone," said that young adults ages 18 to 34 are the fastest-growing group of people living alone. Solo households are also mostly women: 18 million women live alone versus 14 million men. The majority of solo households are in cities and metro areas.

One-person households may be drawn to more low-maintenance homes, but for resale reasons, they still place a high value on being in a highly rated school district, agents say.

Being a single buyer can pose challenges, particularly in a post-recession market. Qualifying for a mortgage may be the biggest obstacle for single buyers, since they don't have the advantages of dual incomes or shared responsibly that a two-person household does.

Top Stories

  • More Than Usual
    More earthquakes than usual are being reported at Mount St. Helens

  • Free Coffee
    As a 'free coffee' sign disappears from the highway, local charities lose out
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Mortgage Calculator
Enter Your Details & Click the Calculate Button
Loan Amount $
Annual Interest Rate %
Term of Loan Years
Number of Payments
Monthly Payment $
Brought to you by

This is not a commitment to lend. Terms subject to change without notice. Applicant must qualify to receive credits. A division of Pinnacle Capital Mortgage Corp. WA CL 81395, Equal Housing Lender, MLO 70765.
Listen to the show
Hear Real Estate Today on KIRO Radio
Join Tom Kelly every Sunday at 9am on KIRO Radio to talk Puget Sound real estate.

Sign up for breaking news e-mail alerts from
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.