Relationship status can affect when, where homes bought

Headline Goes Here

According to the National Association of Realtors, a person's relationship status may affect where they buy a home and how much they spend, Realtor.org reported.

When conducting their research, the NAR looked at the age, income and size of home purchased for married and single homeowners. They concluded that married couples typically spend the most on homes, averaging about $240,000. Unmarried couples spent an average of $186,000, while single males spent $173,000 and single females spent $153,600.

According to Realtor.org, the NAR research also looked at what type of neighborhoods were most appealing based on a homeowner's relationship status.

The NAR found that single females typically opted to live close to family and friends. Single males looked for neighborhoods near entertainment and leisure activities. Unmarried couples looked for affordable neighborhoods and married couples looked for quality neighborhoods in good school districts.

Distributed by LAKANA. This material may not be published, broadcast, rewritten or redistributed.