{"id":8258,"date":"2022-11-17T06:00:24","date_gmt":"2022-11-17T11:00:24","guid":{"rendered":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=8258"},"modified":"2022-11-17T06:00:24","modified_gmt":"2022-11-17T11:00:24","slug":"more-people-are-finding-the-benefits-of-multigenerational-households-today","status":"publish","type":"post","link":"https:\/\/blog.sfloridaluxuryhomes.com\/?p=8258","title":{"rendered":"More People Are Finding the Benefits of Multigenerational Households Today"},"content":{"rendered":"
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\"More<\/p>\n

If you\u2019re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center<\/em><\/a> defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years.<\/span><\/p>\n

As you consider this option for your own home search, know it could help you on your homeownership journey<\/a> and provide you with other incredible benefits along the way.<\/p>\n

Living with Loved Ones Could Help You Achieve Your Homeownership Goals<\/strong><\/h4>\n

There are several reasons people choose to live in a multigenerational household, and for many, the arrangement is a personal one. But according to the Pew Research Center<\/em><\/a>, the top reason people choose to live together today is financial.<\/p>\n

A recent study<\/a> from Freddie Mac<\/em> also finds more people are choosing to buy a home together so they can save money in the homebuying process. As the study says:<\/p>\n

\n

\u201c. . . an<\/strong> increasing percentage of young adult first-time homebuyers are relying on support from older generations, including their parents, to buy a home together.<\/strong>\u201d<\/em><\/p>\n<\/blockquote>\n

For these individuals, combining their resources can help them achieve their dream of buying and owning a home. By pooling their incomes together to make that purchase, they may be able to afford a home they couldn\u2019t on their own.<\/p>\n

Other Key Benefits of Multigenerational Living <\/strong><\/h4>\n

Not to mention, living in a home with loved ones can have other benefits too, like giving you more quality time to spend together. Darla Mercado, Certified Financial Planner and Markets Editor for CNBC.com<\/em>, explains<\/a> how this living arrangement can help on a personal<\/a> and financial level:<\/p>\n

\n

\u201cResiding with relatives can offer advantages . . . you can pool multiple streams of income, for instance. And in households with young children, grandparents can pitch in with child care.<\/strong>\u201d<\/em><\/p>\n<\/blockquote>\n

If this sounds like a great option for you, it\u2019s important to work with a trusted real estate professional to discuss your needs. They can help you navigate the process to find the right home for you and your loved ones.<\/p>\n

Bottom Line<\/strong><\/h3>\n

More people are discovering the benefits of multigenerational living. For the best information and help deciding what\u2019s right for your personal situation, let\u2019s connect and start the conversation today.<\/p>\n

Content previously posted on Keeping Current Matters<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\"MoreIf you\u2019re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years. As you [\u2026]<\/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":[130,3,123,84,135,131,124],"tags":[],"class_list":["post-8258","post","type-post","status-publish","format-standard","hentry","category-baby-boomers","category-blog","category-demographics","category-for-buyers","category-gen-z","category-generation-x","category-millennials"],"_links":{"self":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/8258","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=8258"}],"version-history":[{"count":0,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=\/wp\/v2\/posts\/8258\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.sfloridaluxuryhomes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}