Written by Jim the Realtor

March 16, 2021

The new NAR report on the characteristics of homebuyers was released today.

Let’s note how many homes were bought to accommodate kids moving back home – or who never left.  Past generations never had to worry about kids moving out when everybody could afford a home.

As the prices go sky high, more kids will be faced with either having to move far away if they want/need to buy an affordable home, or live with their parents for the duration – yikes!

One more variable to add to the Reasons-To-Move theories, and help explain why demand is exploding!

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Jim Klinge

Klinge Realty Group
Broker-Associate, Compass
Jim Klinge

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CA DRE #01527365, CA DRE #00873197

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