As the housing market remains uncertain – mortgage rates, new listings, prices – a relative constant has been the continuous increase in multi-generational living. Currently nearly 3 million homes (4.5% of homeowner households) have more than one mother under one roof.
Given this trend, it’s no surprise that these units are in high demand, with 13.5% more page views per property that regular listings. They are also becoming more expensive with a 22% price premium per square foot.