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More People Are Finding the Benefits of Multigenerational Households Today

By |2022-11-17T04:00:24-07:00November 17th, 2022|Categories: Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials, Real Estate|

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you [...]

What Is Multigenerational Housing? [INFOGRAPHIC]

By |2022-04-15T03:00:19-07:00April 15th, 2022|Categories: Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing [...]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

By |2021-04-09T03:00:27-07:00April 9th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are [...]

Buyer Interest Is Growing among Younger Generations

By |2020-10-28T03:00:32-07:00October 28th, 2020|Categories: Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Interest Rates, Millennials, Move-Up Buyers, Real Estate|

The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence Yun, Chief Economist for the [...]

Does “Aging in Place” Make the Most Sense?

By |2020-05-15T13:36:40-07:00February 5th, 2020|Categories: Baby Boomers, Demographics, For Sellers, Generation X, Real Estate, Senior Market|

A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – [...]

Should I Sell My House This Year?

By |2020-01-28T04:00:11-07:00January 28th, 2020|Categories: Baby Boomers, For Sellers, Generation X, Millennials, Real Estate, Selling Myths|

If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload [...]

First-Time Buyers Are Searching for Existing Homes This Year

By |2020-01-27T04:00:23-07:00January 27th, 2020|Categories: First Time Home Buyers, For Sellers, Generation X, Millennials, Real Estate|

In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 [...]

Where Homebuyers Are Heading By Generation [INFOGRAPHIC]

By |2020-01-17T04:00:59-07:00January 17th, 2020|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Infographics, Millennials, Pricing, Real Estate|

Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to get into the market. According to realtor.com, [...]

5 Reasons to Consider Living in a Multigenerational Home

By |2020-05-15T13:36:42-07:00October 23rd, 2019|Categories: Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Did you know that 1 in 6 Americans currently live in a multigenerational household? According to Generations United, the number of multigenerational households rose from 42.4 million in 2000 to 64 million in 2016. The 2018 Profile of Home Buyers and Sellers from the National Association of Realtors shows that 12% of all buyers have [...]

Americans’ Powerful Belief in Homeownership as an Investment

By |2019-07-11T10:00:33-07:00July 11th, 2019|Categories: Baby Boomers, Demographics, First Time Home Buyers, For Buyers, For Sellers, Generation X, Housing Market Updates, Millennials, Move-Up Buyers, Real Estate|

The Federal Reserve Bank (The Fed) recently released their 2019  Survey of Consumer Expectations Housing Survey. The survey reported that 65% of Americans believe homeownership is a good financial investment. Since 2014, the percentage has increased by over nine percent.The Fed’s survey also showed that when the results are broken down by age, education, income, [...]