10 Ways the Multigenerational Living is an Escalating Real Estate Trend
By Walter DiLoreto, Real Estate Short Sale Specialist
(PHP Houses)
There is no question that families and households are increasingly finding multigenerational living an appealing option. In fact, numerous statistics uphold that multigenerational housing is an escalating trend being driven by financial considerations and the desire for closer family ties. In fact, the number of multigenerational households surged to an all-time high of 17% last year, according to a “Home Buyers and Sellers Generational Trends Report ” by the National Association of REALTORS (NAR). This primarily motivated by the need for cost savings, with families combining incomes to afford home ownership. Another recent NAR report revealed that, nearly one-fifth (19%) of Gen Xers and 16% of Younger Boomers purchased multigenerational homes in 2024, further exemplifying shifting resi...
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