{"id":18124,"date":"2020-11-23T12:32:40","date_gmt":"2020-11-23T12:32:40","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=18124"},"modified":"2020-11-23T12:32:40","modified_gmt":"2020-11-23T12:32:40","slug":"more-buyers-want-space-for-mom-and-dad","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/","title":{"rendered":"More Buyers Want Space for Mom and Dad"},"content":{"rendered":"<h1 class=\"page-title \">More Buyers Want Space for Mom and Dad<\/h1>\n<p>&nbsp;<\/p>\n<div class=\"pane-node-body pane pane--nodebody\">\n<div class=\"pane__content\">\n<div class=\"field field--body\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>As the pandemic continues, more home buyers are looking for properties that can house their older family members. The goal for these buyers is to keep their aging family members out of senior living\u2014particularly group setting facilities, which have been on heightened alert during the COVID-19 outbreak. This is translating to the desire for larger homes that can accommodate more family members, <em>The Wall Street Journal<\/em> reports.<\/p>\n<p>The National Association of REALTORS\u00ae\u2019 newly released <a href=\"https:\/\/www.nar.realtor\/research-and-statistics\/research-reports\/highlights-from-the-profile-of-home-buyers-and-sellers\" target=\"_blank\" rel=\"noopener noreferrer\" data-di-id=\"di-id-f60aab11-200901ae\">2020 Profile of Home Buyer and Sellers<\/a> showed that buyers purchasing a home since the start of the pandemic have been more likely to purchase a multigenerational home\u201415% versus 11% who purchased prior to 2020. Home buyers cited multiple reasons, such as the health and caretaking of aging parents and relatives, cost savings, the desire to spend more time with aging parents and relatives, and the need for the delayed independence of children. They also said buying a multigenerational home allowed them to pool multiple incomes to purchase a larger home.<\/p>\n<blockquote class=\"sidebar-quote\"><p><a href=\"https:\/\/magazine.realtor\/daily-news\/2020\/11\/11\/nar-survey-reveals-14-home-buying-selling-trends-since-the-pandemic\" target=\"_blank\" rel=\"noopener noreferrer\" data-di-id=\"di-id-5c46a54c-3507d2eb\">NAR Survey Reveals 14 Home Buying, Selling Trends Since the Pandemic<\/a><\/p><\/blockquote>\n<p>Meanwhile, occupancy at assisted-living facilities and independent living centers decreased by more than 2.5% in each of the last two quarters since the pandemic, according to the National Investment Center for Seniors Housing &amp; Care, as reported by <em>The Wall Street Journal<\/em>.<\/p>\n<p>Home builders are increasingly trying to respond to the call for homes that can accommodate multiple generations, such as with two primary owner suites, including one on the main floor. In\u00a0response to the uptick in demand, Lennar Corp., a homebuilding giant, says it expects to increase its line of Next Gen homes by more than 20% compared with last year, <em>The Wall Street Journal<\/em> reports. M\/I Homes says it has debuted a new floor plan that includes a separate multiroom space on the main floor of the home that can serve as a room for an aging parent or home office.<\/p>\n<p>Builders of accessory dwelling units\u2014backyard houses that can serve as separate living quarter\u2014are reporting a rapid rise in business since the pandemic began.<\/p>\n<p>&#8220;We&#8217;re hearing stories about how people went to visit their family members and couldn&#8217;t go into the facility and talked to them through the window,&#8221; Daniel Blumenkrantz, analyst at Urbaneer ADU, a Freehold, N.J.\u2013based company, told <em>The Wall Street Journal<\/em>. &#8220;We figured there has to be a way around this.&#8221;<\/p>\n<p>Urbaneer ADU will install an accessory dwelling unit on a property and charge an installation fee, often ranging from $7,500 to $10,000. The customer then pays $2,000 a month for a minimum of five years. The company removes the cottage when it\u2019s no longer needed. On its website, the company says that the cottage plus in-home care is cheaper than assisted living, which likely would be dependent on the person\u2019s health circumstances and location.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"pane-node-field-news-source pane pane--nodefield-news-source\">\n<div class=\"pane__content\">\n<div class=\"field clearfix field--news-source\">\n<div class=\"field-label\">Source:<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">\u201c<a href=\"https:\/\/www.wsj.com\/articles\/multigenerational-living-covid-11605196694\" target=\"_blank\" rel=\"noopener noreferrer\" data-di-id=\"di-id-7c6f8a52-98468d26\">COVID-19 Is Giving the Multigenerational Home Business a Big Boost<\/a>,\u201d The Wall Street Journal (Nov. 12, 2020) [Log-in required.]<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"pane-node-field-archive-item pane pane--nodefield-archive-item\">\n<div class=\"pane__content\">\n<div class=\"field field--archive-item\">\n<div class=\"field-items\">\n<div class=\"views-field views-field-disqus-comment-count\"><span class=\"field-content\">\u00a9National Association of REALTORS\u00ae<br \/>\nReprinted with permission<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>More Buyers Want Space for Mom and Dad &nbsp; As the pandemic continues, more home buyers are looking for properties that can house their older family members. The goal for these buyers is to keep their aging family members out of senior living\u2014particularly group setting facilities, which have been on heightened alert during the COVID-19 &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-18124","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>More Buyers Want Space for Mom and Dad - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-buyers-want-space-for-mom-and-dad\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-buyers-want-space-for-mom-and-dad\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"More Buyers Want Space for Mom and Dad\",\"datePublished\":\"2020-11-23T12:32:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-buyers-want-space-for-mom-and-dad\\\/\"},\"wordCount\":510,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-buyers-want-space-for-mom-and-dad\\\/\",\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/more-buyers-want-space-for-mom-and-dad\\\/\",\"name\":\"More Buyers Want Space for Mom and Dad - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. For Superior Real Estate Representation in the Delaware Valley, Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania\u2026 call Anthony DiDonato.\",\"sameAs\":[\"http:\\\/\\\/www.anthonydidonato.net\"],\"url\":\"https:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"More Buyers Want Space for Mom and Dad - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/#article","isPartOf":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/"},"author":{"name":"admin","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"headline":"More Buyers Want Space for Mom and Dad","datePublished":"2020-11-23T12:32:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/"},"wordCount":510,"publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"keywords":["Anthony DiDonato","News","Real Estate","tips"],"articleSection":["News","Real Estate Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/","url":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/","name":"More Buyers Want Space for Mom and Dad - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","isPartOf":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website"},"datePublished":"2020-11-23T12:32:40+00:00","breadcrumb":{"@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.anthonydidonato.net\/wordpress\/more-buyers-want-space-for-mom-and-dad\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.anthonydidonato.net\/wordpress\/"},{"@type":"ListItem","position":2,"name":"More Buyers Want Space for Mom and Dad"}]},{"@type":"WebSite","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#website","url":"http:\/\/www.anthonydidonato.net\/wordpress\/","name":"Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania","description":"Properties and Real Estate for Sale","publisher":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.anthonydidonato.net\/wordpress\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/#\/schema\/person\/964792b6994e8cc4cbddc36ad4824908","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","url":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","contentUrl":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg","caption":"admin"},"logo":{"@id":"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2020\/03\/anthony-110x150.jpg"},"description":"For all of your Real Estate needs, place yourself in the competent hands of a career Realtor who is a Philadelphia native and Delaware County resident. 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He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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