January 2025 Real Estate News
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In the January 2025 edition of Real Estate News, we look at the new face of homebuyers, what every buyer and seller needs to know about home inspections, and what year-over-year record sales mean for the housing market. We also look at new design trends for 2025 and to make resolutions that last. All of this and more in the January 2025 Real Estate News.
The New Face of Homebuyers: Key Trends to Watch
Today’s homebuyers are reshaping the market with diverse priorities, from solo living and co-buying with friends to multigenerational households and aging-in-place needs. Understanding these trends can help sellers position their properties to match evolving demands.
Solo Living: The Independence Shift in the Market
More adults are choosing to live alone, creating a market for smaller, low-maintenance homes. According to the U.S. Census Bureau, solo adults made up 28% of households in 2023 and 7% of households included roommates—totaling nearly 9 million single and shared households. Since the 1990s, this trend has consistently grown, reflecting increased demand for efficient layouts and locations near amenities. Sellers with smaller properties may attract these buyers by emphasizing convenience and independence in their living arrangements.
Multigenerational Buyers on the Rise
The number of American households going multigenerational has been steadily increasing, offering sellers new market possibilities. According to the U.S. Census Bureau, multigenerational households, with three or more generations, rose from 5.1 million in 2010 to over 6 million in 2020. This shift is prominent in the Southeast and Southwest, where families often buy homes together for financial and cultural reasons. Sellers with larger properties may appeal to this demographic by investing in upgrades like additional bathrooms or creating flexible living spaces, such as accessory dwelling units (ADUs), which enhance a home’s versatility and appeal to multigenerational buyers.
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Marina Jacobson
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