Tag Archives: Single-Family Homes

New home sales have been trending up for the last three years and the National Association of Home Builders (NAHB) expects that to continue on into next year as job gains drive up demand for housing.

Millennials are leaning toward single-family homes when browsing the housing market. A recent analysis from Fannie Mae titled “Rent or Own, Young Adults Still Prefer Single-Family Homes” determined that householders aged 25-34 were more likely to occupy a single-family home in 2013 than in 2006, during the peak of the last housing cycle.