Thursday, February 25, 2010

Demand grows for multi-generational housing - Lansner on Real Estate : The Orange County Register

by Jonathan Lansner and and Jeff Collins

Who knew that the mother-in-law room would become so trendy?

A Coldwell Banker survey of its sales staff found multi-generational homes as a burgeoning trend for homebuyers and sellers alike. Response to the poll found, that in the past 12 months:

* 37% of the 2,360 Coldwell Banker agents polled noted increases in homebuyers looking to purchase homes to accommodate more than one generation of their family.
* 39% of homebuyers or sellers who are moving into a house with other generations of their family did so with financial considerations as primary reason for the move.
* 29% cited care issues as primary reason.
* 6% cited a strong family bond.

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