Friday, October 3, 2008

New trend in living arrangements

According to this article on REALTOR.org, more and more people are sharing their house with family or friends. More and more, we find parents living with grown children and even grandparents living with their grandkids.

According to Donna Butts, executive director of Generations United, "It is evolving in some ways back to how families used to live. That is, they're living in multi-generational households".

Add the economic benefit and it is no wonder it is becoming more popular than ever to share your home with someone. Remember the old adage "Two can live as cheap as one?"

As a homeschooling family, we have been very sensitive to multi-generational relationships and encourage our kids to be able to relate to people of all ages, not just kids their own age. We believe this is very valuable in teaching our kids the wisdom that comes from age and experience.

If the thought of living with extended family is not appealing to you, re-think that. With today's houses, you can have two separate living spaces and never even see one another unless planned. In fact, my firm has a great example of a home used to care for an elderly parent. This home has 5 bedrooms, 3 baths, 2 full kitchens/family rooms and a handicap ramp all for $165K.

Click here to see it.

There are lots of options today. Please give me a call and let me find the right one for you!

Michael Bradford
Associate Broker
Southern Prime Realty
770-862-8002

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