Today, more Americans live in multi-generational households than at any time in the past 65 years. Over 64 million people live in multi-generational homes, which is 20% of the population. After a low point of multi-generational living of 12% of the population in 1980, the trend has been increasing ever since, with sharp increases after the Great Recession 10 years ago.
Whatever the reason for this trend towards multi-generational living, it means that homes with in-law suites or two master suites are more sought after than ever. The most appealing homes for multiple generations include a separate suite with its own bedroom, bath and living space, and ideally, a second kitchen, second laundry room, and private exterior entrance.
There is a shortage of housing inventory in today’s market — a drop of 43%, according to one study. That means it’s a seller’s market. And many buyers are willing…
Metro Atlanta, including Marietta, Woodstock, Canton, Roswell, Alpharetta, Jasper, Kennesaw, Ball Ground, Acworth, and many other local communities, is predicted to be a Top Housing Market in 2021. When Covid-19…
Most people want to leave 2020 behind after COVID-19, job losses, and an explosion of political division. Amid all of that, the housing market stayed extremely strong. Some still fear a real estate collapse being inevitable like The Great Recession of 2008. All evidence points to this not happening due to a few key things […]
