Typical US Homebuyer More Likely to Be Older, Single and a Woman

(Bloomberg) -- The age of a typical homebuyer jumped to an all-time high of 56 in the US, with many young people locked out of the housing market while older owners tap their accumulated home equity for cash purchases or to make large down payments, according to a report.Most Read from BloombergIstanbul Tries Free Public Transit to Help Job SeekersThe Answer To Making Cities More Family-Friendly? CourtyardsIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundChicago Mayor Seeks Prope