Multi-generational housing is one of the big up and coming growth areas.
It turns out that even the White House now qualifies as “intergenerational housing” since the President’s mother-in-law moved in.
Who knew that the mother-in-law room would become so trendy?
A Coldwell Banker survey of its sales staff found multi-generational homes as a burgeoning trend for homebuyers and sellers alike. Response to the poll found that in the past 12 months:
- 37% of the 2,360 Coldwell Banker agents polled noted increases in homebuyers looking to purchase homes to accommodate more than one generation of their family.
- 39% of homebuyers or sellers who are moving into a house with other generations of their family did so with financial considerations as primary reason for the move.
- 29% cited care issues as primary reason.
6% cited a strong family bond.
Read the whole article here.