What’s the latest trend to emerge in today’s real estate market? Multigenerational living. So what is multigenerational living?
Hi, I’m Tanja Odzak, Our East Bay Home brokered by eXp Realty… and I sell homes in Oakland, Berkeley, and the East Bay on both sides of the tunnel.
In simple terms, multigenerational living is a household made up of three or more generations living together under one roof. According to a recent study from Freddie Mac, “An increasing percentage of young adult first-time home buyers are relying on support from older generations, including their parents, to buy a home together.” Today, up to 41 percent of Americans purchasing a home consider this option, especially in higher-priced markets. So what are some benefits of choosing this type of household? Living with loved ones can help achieve homeownership goals more quickly by pooling their finances together and sharing in the expenses of owning a home. Another key benefit is shared caregiving duties such as helping with child care inside of the home vs. out-of-home daycare, or assisting elderly family members who rely on support with day-to-day activities. But most importantly, it allows the family to remain connected and spend more time with each other to build relationships.
Now, of course, this latest trend is not for everyone. Living with extended family can also create some challenges. But if your family has been considering this, working with a trusted real estate agent is important. If your needs are changing due to more people living with you, let’s connect to help you find the perfect home with the space for you and your growing household.
And if you’re thinking about selling, ask me about my tiered home selling plans where you get to pick which real estate services you want and the fee you pay… Most of the them offering my super duper digital marketing that… no one else does in our area. I’m Tanja and I sell homes. I offer simplified and transparent choices!
I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit.
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