There’s a new trend that is gaining popularity in the housing market: multi-generational homes. While the concept of several generations of a family living together isn’t particularly new, the structures they are calling home now look and feel much different than in the past.
Research estimates that more than 50 million individuals currently reside in housing that is multi-generational. The term multi-generational refers to three or more generations being under one roof. As the baby boomer generation ages, the number of folks who live with family members will only increase. Click here to read more about this growing trend in the real estate market.