If you’ve been thinking about buying a home in areas like Tacoma, Puyallup, or Auburn, you’re not alone — and you might not be doing it alone, either.
More families are choosing to live under one roof. According to the latest data from the National Association of Realtors (NAR), a record-breaking 17% of homebuyers are purchasing homes to accommodate multiple generations — from aging parents to adult children and extended family.
What’s fueling the trend? More than ever before, it’s about saving on costs. Back in 2015, caregiving needs were the top reason for this type of move. But today, nearly 36% of buyers say affordability is the driving factor behind buying a multi-generational home — a massive jump from just 15% in years past.
Buying Together = Greater Buying Power
Home prices and mortgage rates have made solo buying difficult for many. That’s where teaming up makes sense. Families across Sumner, SeaTac, Des Moines, and Burien are discovering that pooling resources allows them to split expenses, qualify for larger homes, and share the financial responsibility more comfortably.
Rick Sharga, CEO of CJ Patrick Company, puts it simply:
“There are a growing number of multi-generational households across the country today, and affordability is one of the reasons for this.”
Whether you’re looking at homes in Normandy Park, Lake Tapps, or Bonney Lake, buying with family could make your homeownership goals a lot more realistic — and sustainable.
A Home That Works for Everyone
Beyond financial benefits, this setup can also offer more space, built-in support systems, and peace of mind. As Chris Berk from Veterans United says:
“Multigenerational homes are more than a trend: They are a meaningful solution for families looking to care for one another while making the most of their homebuying power.”
And the movement is growing — nearly 28% of future homebuyers say they’re planning to purchase multi-generational properties.
If you’re wondering whether this approach could work for your family, the first step is to connect with a local expert who knows how to navigate this type of purchase.
To explore available listings or learn more about homebuying strategies in Pierce and King County, visit your real estate partner.