Homes hold a lot of memories.
And that’s not just nostalgia talking.
“But we’ve never financially been anywhere close to that being a possibility.”
Amy Sheehan for The Spruce, Source:U.S. Census Bureau
She found it at her parents' house in an Atlanta suburb.
Harrison finished the renovation on the property just two weeks before her son was born.
Harrison is not alone in choosing to live alongside her parents.
In 2021, 18% of Americans were living in multigenerational households, up from 14% in 1991.
Though ADUs make up a portion of this trend, multigenerational families are also homebuyers.
“Us being here means that there’s always just another double check on safety,” Harrison says.
The Spruce / Corinne Mucha
“If you’re gonna do a project like this, think forward like that.”
It’s not just Baby Boomers who are concerned about making their homes safe.
As generations wait longer to have their first child, they also are waiting to buy their first homes.
Housing is still expensive.
“The size is perfect for us right now,” Yolanda says.
“But for now, it’s working out really well,” she says.
Though she was ahead of the trend, she’s not alone.
Gen Z and Millennials are most likely to hop on this trend.
So You Want to Buy a Home With Friends Now What?
Pillatos lived in that first home for 10 years and would do it again (and she has).
“There’s tons of good memories.”
In this issue, we’ll dive into how to make any pop in of home work for you.
Amy Sheehan for The Spruce, Source: What Home Buyers Really Want, 2021 Edition |National Association of Home Builders
The Spruce / Corinne Mucha
