Wave to Make Big Impact on Housing

Wave to Make Big Impact on Housing"More Americans Are Going Solo,” Half of all American 
adults now live in one-person households, a rapidly growing number. The singles demographic is likely to reshape multifamily communities and single-family home designs going forward, according to Builder Online. In 1976, only 37 percent of adults were single. As of August, that percentage has bloomed to 50.2 percent. It marks the first time that single Americans make up the majority of the adult population. “Thanks to the growth of single-adult households, floor plans will go from static to flexible as living arrangements change more frequently,” Affordability will be key, since single home buyers will have less income per household than dual-earner couples, read more.