Of all the purchases most people will make in a lifetime, two of the most significant—and most expensive—are weddings and purchasing a home.

Because they’re so expensive, it can be challenging for couples to save for both. According to a recent survey, it looks like the majority of couples are prioritizing homeownership over a fancy (and expensive) wedding.

According to a recent survey from Open Listings, 64% of couples said they would delay or downsize their wedding if it meant being able to purchase a home sooner, and when asked what big-ticket item they were currently saving for, 29% of couples said a home (compared to just 17% of couples who were saving for a wedding). And the reason? Owning a home is just more important to most Americans couples than dropping tens of thousands of dollars on a wedding—53% of couples and 65% of engaged couples claimed that home ownership was “very important.”

The Takeaway

If you’ve been putting off saving for a home in order to have a large, fancy wedding, you might want to reconsider. A big wedding is a great day. But buying your dream home? That can give you a great life.

The Ultimate Home Buyer's Guide
What you can expect, from start to finish!

By John Hamilton
Associate Broker, Windermere Real Estate

Want to find the home of your dreams?

The Ultimate Home Buyer's Guide
What you can expect, from start to finish!

By John Hamilton
Associate Broker, Windermere Real Estate

And also get it at the best price possible? Then download your free copy of this guide: The Ultimate Home Buyer's Guide

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