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MPR News with Angela Davis
Angela Davis and Nikhil Kumaran

Co-buying homes: Why some friends are buying houses together

Coming up at 9 a.m. on Monday

Home sale
A sold sign posted in front of a home for sale.
Justin Sullivan | Getty Images

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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.    

Monday at 9 a.m., 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. 

And we want to hear from you. 

Are you thinking about co-buying a house with friends? Have you done it? What has your experience been so far?

Call us during the 9 a.m. hour at 651-227-6000 or 800-242-2828.   

Guests:

  • Chris Farrell is MPR’s senior economics contributor.

  • Steve Anderson is a realtor, broker and the cofounder of Vibe Realty, a real estate agency based in St. Paul.  

  • Paul Olson is a realtor and branch manager for Lakes Area Realty’s St. Paul office. He has been working in Twin Cities real estate for over 12 years

Subscribe to the MPR News with Angela Davis podcast on: Apple Podcasts, Spotify or RSS.