The Rise of Multi-Generational Home Buying

The best time to buy a home was 5 years ago. With 20% of home buyers saying their kids are moving back home and 17% concerned about aging parents, this is the multi generation generation. The provided text details the National Association of Realtors (NAR) website and its resources for real estate professionals, including membership benefits, market research, advocacy efforts, educational opportunities, and news. A report from NAR, "Home for the Holidays," examines the increasing trend of multi-generational home buying, highlighting the reasons behind this shift, the demographics of those involved, and the challenges and benefits associated with multi-generational living. The report reveals that cost savings and caregiving needs are key drivers, with married couples being the most common multi-generational home buyers. Finally, the report discusses the implications of this trend for families and society. This episode is AI powered.Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-podcast-show--6907081/support.PS Sign up here for the newsletter that 1000s across Toronto GTA receive each week.