Redfin Report: 64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married People
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Nearly two-thirds (64%) of single people struggle to afford their regular rent or mortgage payments, compared with 39% of married people. That's according to a new survey commissioned by Redfin, the real estate brokerage powered by Rocket. Many Americans struggle to afford housing because costs have surged over the last few years. Mortgage payments have increased due to a combination of elevated sale prices and mortgage rates that—while down from recent peaks—are s ...