10 Cities Where Single Homeownership Rates Are Rising
In these U.S. cities, many people who live alone are choosing to buy rather than rent.
Editor s Note: This story originally appeared on SmartAsset.com.
While saving up for a down payment and closing costs can be difficult, the U.S. Census Bureau says that individuals in some cities are increasingly buying over renting. According to a recent report, almost 3 out of 10 owner-occupied homes are one-person households, which means that 36.2 million homes in 2020 were owned by single homeowners. SmartAsset crunched the numbers to identify and rank the cities where single homeowners are buying the most.
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6 Safe and Smart Investments for Retirees
6 Safe and Smart Investments for Retirees
Work eventually ends, but expenses go on. Here are some ways to make money without too much risk.
If you are ready to retire, “safe and smart” investments probably sound more appealing than ever before.
Most of us want to dial down risk in our post-work years. Without a steady paycheck to count on, a little more caution seems prudent.
But the reality is that while work eventually ends, expenses go on and on. Finding ways to cover those costs becomes one of your biggest post-career jobs.
Following are a handful of safe and smart places where retirees can put their cash. While some involve a degree of risk, none is typically as volatile as investing in the stock market.
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10 Cities With the Largest (and Smallest) Homes in America
10 Cities With the Largest (and Smallest) Homes in America
When it comes to buying a home, in some cities, you ll pay more and get less.
This story originally appeared on Filterbuy.
The size of new single-family homes has increased substantially in the last few decades. However, a recent trend in slightly smaller homes that began several years ago might be reversed by the COVID-19 pandemic. As homebuyers spend more time at home, they are seeking houses with more space. According to data from Realtor.com, the median size of residential listings in the U.S. was 1,838 square feet in 2020, but home sizes vary widely by market.