Perrella & Associates

Cobuying Gains Traction Among Young Adults

Faced with rising home prices and student loan debt, some cash-strapped millennials who don’t have family support are teaming up with friends to carve out a path toward homeownership. About 4% of first-time buyers purchased homes with housemates from July 2018 through June 2019, according to data from the National Association of REALTORS®. That is […]

Buyers Drawn to ‘Right-Sizing,’ But Also Leery of Losing Space

Moving to a smaller space is not just for empty nesters and retirees anymore, says Sheri Koones, author of Downsize: Living Large in a Small House (2019, The Taunton Press). Younger people are embracing a smaller footprint as well.“Younger couples … who are both working, they’re having children later, they want to be active and […]

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