More People Are Finding the Benefits of Multigenerational Households Today

by Seth PfaehlerBaby Boomers, Demographics, For Buyers, Gen Z, Generation X, MillennialsPosted on Comments are Disabled

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 …

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Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

by Seth PfaehlerDemographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up BuyersPosted on Comments are Disabled

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how …

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Millennials Are Still a Driving Force of Today’s Buyer Demand

by Seth PfaehlerDemographics, For Sellers, Housing Market Updates, MillennialsPosted on Comments are Disabled

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be …

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What Is Multigenerational Housing? [INFOGRAPHIC]

by Seth PfaehlerBaby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior MarketPosted on Comments are Disabled

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 …

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Millennials: Do You Need a Home with More Space?

by Seth PfaehlerDemographics, Down Payments, For Buyers, For Sellers, Millennials, Move-Up BuyersPosted on Comments are Disabled

If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for the first time, you may be one of the …

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