Why Buyers Are Opting for Multi-Generational Living
Cost savings are a top priority for 28% of first-time buyers, who find pooling resources with others advantageous. This collaborative approach allows sharing financial responsibilities such as mortgage payments and utilities, making homeownership more affordable. Particularly beneficial for first-time buyers navigating today's challenging market, this strategy helps overcome the hurdle of affording a home independently.
In conclusion, whether motivated by financial benefits or the desire for shared living, purchasing a multi-generational home may align with your goals. To explore this option further, consider partnering with a local real estate agent for tailored assistance.