Nationally, cash buyers made up about 1/3 of all 2021 home sales so far, but that percentage rises to 52.6% in West Palm Beach, the top metro for cash sales in the U.S. The ratio was 52%
Double Master Suites Are a Growing Trend ☘ Hoey Team ☘ eXp Realty Florida
Dated: December 1 2019
Double master bedrooms are proving to be a growing trend in new luxury developments, Forbes.com reports.
As more homeowners want to live near their families and multigenerational households become more common, relatives and adult children move in together; as a result, more household members want to call dibs on the owners’ suite, which is often the largest bedroom in the house with an attached bathroom.
Builders are responding by adding two master suites into more floor plans, whether it’s a single-family home or condo. K.Hovnanian Homes offers several townhouse communities with two master bedrooms. The rooms include large bathrooms attached and walk-in closets.
First-floor master suites are growing more popular, Chris McGrath, community manager for K.Hovnanian’s Hilltop at Cedar Grove in New Jersey, told Forbes.com. “It gives adults the option of a separate living space and allows for children to have more flexible space on the second floor,” McGrath says. “Two owner suites … give owners the option to fill a current need or a possible future need.”
Some builders are adding a dual master bedroom on the main level of the home with a separate entrance. “We include features like secondary master suites so that families and loved ones can maintain close connections as they grow,” Gregory Malin, CEO and founder of Troon Pacific, told Forbes.com. “These spaces also allow the owners to age in place, as they can maintain their independence while having their children just steps away.”
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