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Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

Hopeful Homebuyers Turn Relatives Into Roommates to Save Money and Share Childcare

PR Newswire - Tue Oct 10, 2023

One-third of prospective buyers have moved in with parents or other family to help save money to buy a home this year 

SANTA CLARA, Calif., Oct. 10, 2023 /PRNewswire/ -- With fall buying season upon us, would-be homebuyers facing affordability challenges may be turning their parents and extended family into co-buyers or roommates to find a place they can all call home, according to a recent survey from Realtor.com® and Censuswide. Recent return-to-office requirements and high childcare costs may also be driving home shoppers to factor family proximity and support into their purchasing plans, the research shows.

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