What percentage of buyers purchased a multigenerational home?

Study for the Florida Real Estate License Renewal Test. Prepare with detailed scenarios and multiple choice questions offering explanations. Boost your confidence and ace the exam!

The percentage of buyers who purchased a multigenerational home is reported to be 12%. This statistic reflects a growing trend among buyers looking for homes that can accommodate extended family members, such as elderly parents or adult children. The shift towards multigenerational living is influenced by various factors, including economic considerations, cultural preferences, and the desire to provide care for family members.

This number highlights an important aspect of the real estate market, showcasing an increasing demand for homes that cater to diverse living arrangements, which agents and brokers should consider when advising clients or structuring marketing strategies. Understanding this trend can help real estate professionals better serve their clients’ needs in an evolving market.

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