Back in the day, couples rarely lived together before marriage—and they even more rarely purchased a home together before walking down the aisle.
But we’re not living back in the day, and today, the percentage of couples who live together—and purchase property together—is on the rise.
According to recent data from Pew Research Center, the percentage of adults living with an unmarried partner has increased from 3 percent to 7 percent over the past 24 years—and the percentage of adults who have ever lived with an unmarried partner (59 percent) has now officially surpassed the percentage of adults that have ever been married (50 percent). And, according to the National Association of REALTORS® 2019 Profile of Home Buyers and Sellers, unmarried couples make up 9 percent of buyers in the market.
So, what does this mean for you? More couples are living and buying real estate together than ever before. And if you and your partner are thinking about making a move, now is a great time to explore the possibility of buying a home—no matter what your marital status.