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Have you noticed it lately? 🏡 More and more families are moving under the same roof—and it’s not just to help grandma with the groceries.

According to the National Association of Realtors (NAR), a record-breaking 17% of today’s homebuyers are purchasing multigenerational homes to live with parents, adult children, or extended family. That’s the highest number ever recorded—and it’s no accident.

So, what’s driving this big shift in how people buy homes? Let’s break it down.

💰 Affordability Is the Big Driver

Let’s be real: buying a home today isn’t cheap. With prices and mortgage rates stretching budgets thin, many buyers feel like they’re trying to squeeze into jeans that are two sizes too small.

In fact, NAR reports that 36% of multigenerational buyers in 2024 said cost savings were their #1 reason for teaming up—a huge jump from just 15% back in 2015.

Sharing the load means splitting the mortgage, utility bills, and maintenance costs. And pooling incomes can make it possible to qualify for a home that felt way out of reach solo.

Think of it like assembling your own homebuying Avengers team—more people, more resources, more buying power.

🏠 It’s Not Just About Money—It’s About Space and Support

Sure, affordability is front and center. But multigenerational homes bring more than just financial relief.

When you buy a home together, you’re getting the bonus of built-in support systems—helping with childcare, elder care, or just having someone around to share life’s ups and downs.

Plus, combining forces often means you can snag a bigger home with extra bedrooms or that bonus space you’ve been dreaming about.

As Chris Berk from Veterans United put it, “Multigenerational homes are more than a trend—they’re a meaningful solution for families to care for one another while maximizing buying power.”

📈 This Trend Isn’t Slowing Down Anytime Soon

Nearly 3 in 10 homebuyers say they’re planning to purchase a multigenerational home. That’s a lot of families thinking creatively to make homeownership work.

So, if you’re feeling the pinch of today’s market, this could be your golden ticket.

🔍 Is Buying a Multigenerational Home Right for You?

Would you ever consider buying a home with family? Why or why not?

It’s not for everyone, but if your budget feels tight and you crave more space and support, it might be the smartest move you’ll ever make.

Your next step? Talk to a real estate agent who can walk you through your options and help you decide if a multigenerational setup makes sense.

If soaring prices and high rates are making solo homebuying feel impossible, you’re not alone. Pooling resources with family could be the answer to finally unlocking the front door to your dream home.

Ready to explore your options? Call or text us today at 855-935-MORE to see how you can team up and take advantage of this growing trend.