A new study by Zillow reveals that it wold take the average single buyer almost 11 years to save the 20 percent down payment to buy a home. And that, of course, is conservative depending on where you want to love. Looking to live in San Jose? Then that might take you close to 30 years to save.
Of course, if couple are buying, the saving takes much less time – around five years, according to Zillow.
The majority of Americans consider buying a home to be an important part of the American Dream. But for single buyers that dream is increasingly getting harder and harder to realize.