Frances Katzen | Source | The founder and leader of The Katzen Team at Douglas Elliman

Frances notes that parental co-buying is crucial for market absorption, especially as interest rates rise. It accounts for 60% of her sales, often as all-cash deals. "Parental involvement can secure better loan terms," she says, affecting mortgage payments and reselling. Co-op restrictions vary, and understanding ownership shares is vital. Parental co-buying offers financial benefits but requires careful planning.