A fresh look at the rise of multi-generational living—and why it might be the smart move for your next home.

What if your dream home wasn’t just for you—but for your parents, kids, or even extended family too?

More and more families are saying yes to that idea.

According to the National Association of Realtors (NAR), 17% of recent homebuyers purchased a house with the intention of living with multiple generations under one roof—a record high. Think grandparents, grown kids, and grandkids all sharing the same address. And it’s not just about family bonding (though that’s a bonus). It’s about money.

Affordability Is the #1 Driver

In 2024, 36% of multi-gen buyers said they did it to save on costs—up from just 15% in 2015. That’s a huge jump. And with today’s home prices and mortgage rates, it makes sense.

Instead of each family member struggling to buy or rent solo, they’re pooling their resources—and buying together. The result? Shared expenses, more buying power, and often, a nicer home than anyone could afford on their own.

As Rick Sharga, Founder and CEO of CJ Patrick Company, puts it:

“There are a growing number of multi-generational households across the country today, and affordability is one of the reasons.”

But It’s About More Than Just Saving Money

Sure, combining incomes helps—but multi-gen living offers more than just a bigger house or a smaller mortgage payment.

It means:

• Built-in child care from grandparents
• Support for aging parents without the nursing home
• Daily connection in a world that often feels disconnected

As Chris Berk of Veterans United says,

“Multigenerational homes are more than a trend—they’re a meaningful solution for families looking to care for one another while making the most of their homebuying power.”

This Trend Is Growing Fast

Nearly 1 in 3 homebuyers are now considering going multi-gen. That’s no small shift. It’s a signal that more families are prioritizing togetherness, financial strategy, and long-term planning—all under one roof.

Could It Work for Your Family?

If the idea of teaming up with loved ones to buy a home sounds overwhelming, you’re not alone—but it doesn’t have to be.

It might be the very thing that makes homeownership possible in today’s market—and a lifestyle shift that brings unexpected joy.

Let’s talk through your options and see if it could be the right fit for your family.

Bottom Line

Multi-generational homebuying isn’t just a trend—it’s a solution.

A smart one. A family-focused one. And one that might be more within reach than you think.

Would you ever consider buying with family? Let’s connect and explore what’s possible.