Co-Buying: A Smart Path to Homeownership Together

Why More Buyers Are Teaming Up to Afford Their Dream Home

The rise of co-buying, and why it might be the smartest move for Gen Z and beyond.

With sky-high home prices and tougher lending standards, many first-time buyers, especially Millennials and Gen Z, are facing a tough reality: buying a home solo isn’t always in the cards.

Enter co-buying, a fast-growing trend that’s changing the game.

Instead of waiting years to afford a place on their own, buyers are pooling their resources with trusted friends or family to enter the market together. According to recent surveys, nearly 15% of buyers have already co-purchased with someone who wasn’t a romantic partner, and nearly 70% of Gen Z buyers say they’d be open to the idea.

And it’s not just a money move—it’s a lifestyle shift.

Benefits of Co-Buying a Home

💰 Bigger Budget, Better Property
When you combine incomes, your buying power increases. That means a larger home, better location, or more updated features, without the weight of the full mortgage on your shoulders.

📉 Split Costs, Lower Stress
Monthly payments, property taxes, utilities, and even maintenance costs become more manageable when shared. For many, this route is cheaper than renting.

🏠 Build Equity Sooner
Owning real estate is still one of the best ways to build long-term wealth. Co-buying helps you start building equity now, rather than waiting (and renting) for years.

👯‍♀️ Shared Space, Shared Goals
Living with a friend or close family member can foster connection and shared responsibility, if you both align on the vision and expectations from the start.

What to Know Before You Buy Together

While co-buying can be empowering, it also comes with complexities.

The key to success? Clarity.

Before you sign on the dotted line, work with a real estate professional to:

• Draft a co-ownership agreement outlining responsibilities, costs, and exit strategies.

• Discuss loan structures: will both names be on the mortgage?

• Align on lifestyle expectations, timelines, and communication plans.

Things change—people get married, relocate, or face financial hardship. A solid agreement helps protect everyone involved and prevents misunderstandings down the line.

Is Co-Buying Right for You?

If you're serious about becoming a homeowner but the financial hurdles seem too steep alone, co-buying might be your best path forward.

The most important thing? Choose your co-buyer(s) wisely. Align on your goals, communicate clearly, and surround yourself with professionals who can guide you through the process.

Looking to explore co-buying or other creative ways to invest in real estate? Let’s talk. I’ve helped buyers at all stages of life find smart solutions for today’s market.

Alan Jacobson
📞 US: 561-596-2191
📞 MX: +52 415 105 4555
🌐 www.alanjacobsonrealtor.com