Young adults: Are they staying home or moving out?




This is a loaded question, according to a study conducted by National Association of REALTORS, 

more young adults are choosing to stay home rather than moving out into their own place.

The result of this are multi-generational households, which would cause homeowners to stay in larger homes as opposed to downsizing or even upgrade to a larger house.

A study conducted by Magnify Money indicated that there are several cities where young adults are least likely to live with their parents. These cities are:
  • Minneapolis
  • Seattle
  • Denver
  • Indianapolis
  • Kansas City, Mo.
  • Raleigh, N.C.
Ready to move to the Raleigh, NC area or upgrade to a larger home?
Regal Crest Luxury Homes
Amy Sossamon - 919.671.1479

Are you self-employed? Mortgage approval just got easier...

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