John L. Scott Real Estate
Monday, May 20, 2013
 Welcome! Please Login or Register  
The latest stats show that new-home sales seem to be supersized, not downsized!
Main / Thoughts for the day  

We?ve been hearing a lot about the downsizing trend taking hold in new homes, and that the square footage of homes is shrinking. But if you look at the latest housing stats from the Census Bureau, you might be scratching your head on that theory. The latest stats show that new-homes actually seem to be getting supersized, not downsized: Nearly 40 percent of new single-family homes in 2011 had four or more bedrooms, 28 percent had three or more bathrooms, and 54 percent of new homes were two stories or taller. Both upper-end buyers and move-up buyers tend to show preference to bigger homes. However, in a more normal market, it?s the first-time home buyers who tend to dominate, and they?re saying they want smaller.

Share |
Posted by dawnmitchell at 7/24/2012 10:54 AM Permalink | Trackback
Comments (0)
No comments yet, login to post a comment.
Add Comment
Provide comments on this blog entry. If you have an account with this site please sign in.
*Title *Email Web Address *Comments
Search