A new study by ATTOM Data Solutions analyzing U.S. residential property loan originations in the first quarter of 2017 shows non-married co-borrowers accounted for 40.2 percent of single-family home sale loans in Miami — more than any other city in the U.S.
Rounding out the top five cities with homebuyers suffering from an apparent fear of commitment were Seattle (37.4 percent), San Diego (28.9 percent), Los Angeles (28.2 percent) and Portland (27.7 percent).
But those numbers don’t mean that Miami has more couples living in sin than any other city.
“The first thing that comes to mind when you hear co-borrowers is two people who are living together,” says Ron Shuffield, president of EWM Realty International. “But co-borrowers could be anything from millennials buying a home with the help of their parents to investors buying a property together. A lot of home sales we do are