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Is A Multi-Generational Home Right For You? | The Markarian Realty Guide Blog

Thursday, April 25, 2024   /   by Vic Markarian

Is a Multi-Generational Home Right for You?

Ever thought about living in the same house with your grandparents, parents, or other loved ones? You're not alone. A lot of people are choosing to buy multi-generational homes where everyone can live together. Let's check out why they think it’s a good idea to see if it might be a good fit for you, too.
Why People Are Choosing Multi-Generational Living
According to the National Association of Realtors (NAR), here are just a few key reasons buyers opted for multi-generational homes over the past year (see graph below):
 
Two of the top reasons had to do with aging parents. 27% of buyers chose multi-generational homes so they could take care of their parents more easily. And 19% did it to spend more time with them. A lot of older adults want to age in place, and living in a home with loved ones can help them do just that. If your parents are hoping to do the same, but need a bit of help, a multi-generational home may be worth considering. ...

  real estate tips, home buyer, home buying process, home prices, buyer's market, buying a home, rent vs. buy, housing market updates, homeowner tips 2024, the latest 2024 housing market forecast, boomers, is a multi-generational home right for you?

Markarian Realty Group
3237 N. Verdugo Rd.
Glendale,, CA 91208
818-248-8668
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