Why It’s a Good Thing Homes are Getting Smaller

The recent decline in the size of new single-family homes is actually a sign of economic progress. The housing recovery cycle has now reached the point of younger consumers expanding the market, and builders offering a wider variety of home sizes to align with an evolving mix of buyer budgets.

Single-family detached homes have long been and continue to be the most desirable type of home for the majority of buyers. But lately they’ve given up a larger share of the market to an increasingly popular alternative that’s often times smaller and less expensive: townhouses.

Read more about this trend at: http://nahbnow.com/2016/09/why-its-a-good-thing-homes-are-getting-smaller/