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:

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→ 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?

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We also explore trends, headline challenges, and opportunities going forward.

Check out the report

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👉 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.