Could a Multigenerational Home Be the Right Fit for You?
Posted by Amanda Kittle R(S) - Maui Real Estate Agent on
Many of us, particularly those of us who were caring for loved ones, asked ourselves and others what it meant to have a home during the pandemic.
This can be seen in modern times in the recent surge in the number of homes that include multiple generations.
The following is a quote from Jessica Lautz, who is the Deputy Chief Economist at the National Association of Realtors (NAR) and the Vice President of Economic Research at the NAR:
"Multi-generational buying" refers to the practice of purchasing a home that is occupied by multiple families at the same time, possibly including aging parents, adult children who have returned home, or other members of the extended family.
Although while this way of life has been around for a while, it has become increasingly…
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