Co-buying & Co-owning a Home 2024 Report
Home co-ownership with friends, relatives, and partners is off the charts. Dive into the latest data and trends in Co-buying & Co-owning a Home 2024 Report.
Overview
We're excited to share the latest edition of our annual report on the state of home co-ownership in the US.
This year, we draw on survey data from 1,954 co-buyers and co-owners across 601 groups in 50 states and Washington, D.C. We also share insights gleaned from dealing with thousands of co-owners at every stage since 2016.
💡 A few fast facts...
- 29% of home purchases involve co-buyers—friends, relatives, couples, or groups.
- Across the US, there are now 58 million co-owners.
- The average number of co-owners in a group is 3.3.
Home co-ownership isn't confined to San Francisco and New York City, nor is it a passing fad led by folks who subscribe to alternative lifestyles. Quite the opposite: co-ownership is mainstream.
Despite how popular it's become, there's a lot of work to do. Co-ownership remains poorly understood and largely unsupported by the systems that make homeownership possible.
What's inside
In our 2024 report, we cover a lot of ground and answer many questions:
→ Who co-owns homes?
→ What does co-ownership look like?
→ What are the challenges?
→ What do timelines look like?
→ Where do folks co-own?
→ Why do folks co-own?
We also explore trends, headline challenges, and opportunities going forward.
Check out the report
👉 Download the full Co-Buying & Co-Owning a Home 2024 Report here.
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Notes
Fair use
If you'd like to feature, reference, or reproduce any portion of this report or it's contents, you have our permission subject to clear attribution to CoBuy and a dofollow link to either https://www.cobuy.io or this page's URL.
Questions, comments, media inquiries, jokes
Get in touch with us at research[at]cobuy.io.
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How to cite
Preferred citation: "Co-buying & Co-owning a Home 2024 Report," CoBuy (cobuy.io/blog/cobuying-coowning-home-2024-report).
Plain-text form: Co-buying & Co-owning a Home 2024 Report, CoBuy, cobuy.io/blog/cobuying-coowning-home-2024-report.
Example: “29% of U.S. home purchases involved co-buyers (the CoBuy Co-buying Rate™) in 2024, per CoBuy's 2024 report.”
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