{"id":10153,"date":"2024-04-25T06:30:00","date_gmt":"2024-04-25T10:30:00","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=10153"},"modified":"2024-04-25T06:30:00","modified_gmt":"2024-04-25T10:30:00","slug":"is-a-multi-generational-home-right-for-you","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=10153","title":{"rendered":"Is a Multi-Generational Home Right for You?"},"content":{"rendered":"
\"Is<\/p>\n

Ever thought about living in the same house with your grandparents, parents, or other loved ones? You’re not alone. A lot of people are choosing to buy<\/a> multi-generational homes where everyone can live together. Let’s check out why they think it\u2019s a good idea to see if it might be a good fit for you, too.<\/p>\n

Why People Are Choosing Multi-Generational Living<\/strong><\/h4>\n

According to the National Association of Realtors<\/em> (NAR), here<\/a> are just a few key reasons buyers opted for multi-generational homes over the past year (see graph below<\/em>):<\/p>\n

\u00a0\"No<\/a><\/p>\n

<\/p>\n

Two of the top reasons had to do with aging parents. 27% of buyers chose multi-generational homes so they could take care of their parents more easily. And 19% did it to spend more time with them. A lot of older adults want to age in place, and living in a home with loved ones can help them do just that. If your parents are hoping to do the same, but need a bit of help, a multi-generational home may be worth considering.<\/p>\n

But buying a multi-generational home isn\u2019t just about being close or taking care of the people you love\u2014it can save you money, too. 22% of buyers say they picked a multi-generational home to cut down on costs, and 11% needed a bigger house multiple incomes could afford together.<\/p>\n

Sharing costs like the mortgage and utilities can make owning a home more affordable. This is especially helpful for <\/strong>first-time homebuyers<\/strong><\/a> who might find it challenging to buy a place on their own in today’s market.<\/strong><\/p>\n

As Axios<\/em> explains<\/a>:<\/p>\n

\u201cFinancial concerns and caregiving needs are two of the major reasons people live with their parents (and parents\u2019 parents).\u201d<\/em><\/p><\/blockquote>\n

How an Agent Is Key in Finding the Right Home for You<\/strong><\/h4>\n

Looking for the perfect multi-generational home is a bit trickier than finding a regular house. You’ve got more people, which means more opinions and needs to think about. It’s kind of like putting together a puzzle where all the pieces need to fit perfectly.<\/p>\n

If you’re into the idea of living with loved ones and want all the benefits that come with it, team up with a local real estate agent<\/a> who can help you out.<\/p>\n

Bottom Line<\/h3>\n

Whether you’re looking to save money or want to take care of your loved ones, buying a multi-generational home might be a good idea for you. If you want to find out more, talk to a local real estate agent<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\"Is<\/p>\n

Ever thought about living in the same house with your grandparents, parents, or other loved ones?<\/p>\n<\/div>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","footnotes":""},"categories":[3,195,84],"tags":[],"class_list":["post-10153","post","type-post","status-publish","format-standard","hentry","category-blog","category-buying-tips","category-for-buyers"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/10153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10153"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/10153\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}