Bringing Families Together: Could ADUs Help Millennials Get The Housing They Need?
|

Bringing Families Together: Could ADUs Help Millennials Get The Housing They Need?

By ERIN FLYNN JAY and KIMBERLEY HAAS A recent report from Redfin shows that Baby Boomers with empty nests own double the amount of large homes compared to Millennials with kids. So what if Grandma and Grandpa moved into an accessory dwelling unit and the three generations lived together so everyone could have some space?…

Official: New ADU Policy Will Boost Supply Of Affordable Housing
|

Official: New ADU Policy Will Boost Supply Of Affordable Housing

By KIMBERLEY HAAS A new policy that allows lenders to count income from accessory dwelling units when underwriting a mortgage will help provide affordable homes for those who need them most, according to a top housing official. Julia Gordon, who serves as the assistant secretary for housing and federal housing commissioner at the U.S. Department…

How To Increase Homeownership Rates For Millennials
|

How To Increase Homeownership Rates For Millennials

By KIMBERLEY HAAS Addressing affordability issues by allowing for creative living solutions may be the key to getting more Millennials into homeownership. According to the 2023 Home Buyers and Sellers Generational Trends Report published by the National Association of Realtors, the share of Millennial buyers has declined. Millennials between 24 and 42 years old made…

End of content

End of content