It’s no secret that buying a home is getting more and more expensive.
According to the National Home Price Index, U.S. home prices have increased 47 percent since 2020.
With housing costs at an all-time high, plenty of homebuyers are feeling discouraged during their search for a home.
We’re diving into a trend that’s changing how people are buying houses — co-buying. With rising home prices and evolving ideas of shared ownership, more people are teaming up with friends and family to buy a house.
MPR News host Angela Davis (right) talks with Chris Farrell (center right), MPR’s senior economics contributor, Paul Olson (center left), a realtor and branch manager for Lakes Area Realty’s St. Paul office, and Steve Anderson (left), a realtor, broker and the cofounder of Vibe Realty, a real estate agency based in St. Paul, in an MPR News studio in St. Paul on Monday.
Nikhil Kumaran | MPR News
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