The rise of Accessory Dwelling Units (ADUs) is transforming the landscape of homeownership, particularly in expensive single-family zoned areas. Not only do ADUs provide a solution for more affordable housing options and increased density, but they also offer the potential for rental income, effectively offsetting mortgage and operating costs. In California alone, the surge in ADU permit applications, with over 31,000 permits in 2022, reflects a staggering 340% increase from 2018. This trend is not confined to California, as cities like Denver and Miami are witnessing a similar pattern, as indicated by a 2023 analysis by John Burns Research. The growing popularity of ADUs is not just a housing solution, but a transformative investment in the future of homeownership.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
