Why More People Are Buying Multi-Generational Homes Today
Posted by Shane Andersen on
Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives. What makes that noteworthy is that 17% is actually the highest level ever recorded by the National Association of Realtors (NAR). But what’s driving the recent rise in multi-generational living?
Top Benefits of Choosing a Multi-Generational Home
In the past, homebuyers often opted for multi-generational homes to make it easier to care for their parents. And while that’s still a key reason, it’s not the only one. Right now, there’s another powerful motivator: affordability.
According to the latest data from NAR, cost savings are the main reason more people are choosing to live with…
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