Cottage Closes $15m Series A Funding to Expand its ADU Marketplace Across the US

Cottage, a software platform and marketplace that unites homeowners and contractors to build ADUs, announced that it has closed $15 million in Series A funding.

For more renters, ADUs are becoming a viable option

As the shortage of housing stock continues unabated, the profile of so-called accessory dwelling units, which are small homes that share a plot of land with larger, single-family homes. Sometimes called “granny flats”, ADUs are generally around 1,200 square-feet or less and provide a viable, low-cost alternative living accommodation for both renters who cannot afford

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Granny Flats are growing in popularity due to the housing crunch, study finds

The number of accessory dwelling units in the U.S. has increased dramatically as a result of the housing inventory crunch, especially in high-cost areas where populations have risen significantly over the last decade, according to a new Freddie Mac study. The research found there are 1.4 million ADUs in the U.S., which include granny flats,

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ADUs Accessory Dwelling Units The Wave of the Future

If you haven’t heard of them yet, you will soon. Accessory Dwelling Units (ADUs) are rapidly becoming a household name in cities that allow them (i.e., Salt Lake City, North Salt Lake City, Bountiful City, Woods Cross, San Francisco, Portland, etc.) and buzzing in other cities that want them. One state that is clearly taking

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California looks to convert empty garages into living spaces

A number of U.S. states are considering easing zoning requirements to allow for more accessory dwelling units to be built as a way of relieving chronic housing shortages, the New York Times reported. California, which faces a massive housing shortage, is actively pursuing the idea of freeing up more space for so-called ADUs, otherwise known

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Granny flats grow in popularity despite high costs

Homeowners are showing a growing interest in adding so-called “granny flats”, or accessory dwelling units, to their homes, according to a National Association of Home Builders survey of remodeling contractors. The survey shows that around a fifth of home improvement firms have taken on contracts to add an ADU to people’s homes, either by building

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