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# Single Home Buyers

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<!-- video src="https://cdn.jwplayer.com/manifests/wkw6c5XI.m3u8" -->
## Video: Single Home Buyers

[Watch (HLS stream): Single Home Buyers](https://cdn.jwplayer.com/manifests/wkw6c5XI.m3u8) (1:27)

![Single Home Buyers](https://cdn.jwplayer.com/v2/media/wkw6c5XI/poster.jpg?width=720)

_Published 2014-09-05. Single Home Buyers_


---

Jul 27, 2023 5:12 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

[Tips for First Time Home Buyers](/video/xAcsBv74/)

### Tips for First Time Home Buyers

[3 Tips for First-Time Home Buyer](/video/YoVjFdw6/)

### 3 Tips for First-Time Home Buyer

[3 Tips for Experienced Home Buyer](/video/xg60kStg/)

### 3 Tips for Experienced Home Buyer

---


## Transcript

[ MUSIC ] 32 % of all buyers in the market place in 2013 were single. We decided to do a study to understand more about the single buyer. The younger buyers being 35 years and younger. One of the things they thought that was important for them in the home buying search. Was that the house of their choice have great cell coverage. And I don't think that that's something that a decade ago that you would have probably found in the survey. The single buyers are willing to sacrifice or make sacrifice to be able to own a home. They were willing to go out to dinner less frequently. They were willing to have less entertainment.

They were willing to not vacation in order to save the money that they needed for for home ownership, or to have the dollars necessary in order to make the monthly payment. There are things that are a challenge to the single buyer as there are with a lot of buyers in the marketplace today. One is availability of affordable credit and the second being that the inventory levels in the marketplace today. Don't provide for a selection that may be able to attract every buyer. So inventory levels have been relatively low. They are on an uptick. In fact, we have 22 % more inventory today than we did in January 2014.

But the selection is still relatively thin.

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