Home Builders FINALLY Unleash Plans For Affordable Smaller Homes!
To address this issue, many builders are opting to reduce the size of homes. Major housing markets across the country are currently overpriced, and reducing square footage is one of the strategies employed by home builders to combat the affordability crunch. The focus is on reallocating home space, and prioritizing larger kitchens and outdoor living areas while downsizing secondary bedrooms and shared family spaces. The Idea is smaller homes may help bring back starter homes and increase affordability. Home builders are also utilizing incentives like rate buydowns to attract buyers. The strategy of reducing home sizes is proving effective, with a projected decline in average square footage for single-family starts over the next few years.
Homebuyers Lose Out As Sellers Decide Not To Sell:https://youtube.com/live/N3z-c994SPw
Cooling Or Collapse Of The Housing Market: https://youtube.com/live/43rzr67T77k
Housing Market FRAUD Is On The Rise!: https://youtube.com/live/lKDytQV52QA
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Kristina Smallhorn, Your Real Estate Whisperer kristina.smallhorn@exprealty.com,info@yourrealestatewhisperer.com
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Kristina Smallhorn is a licensed REALTOR® with the state of Louisiana, License 0912122918
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LIVE STREAMS ARE OPINIONS EXPRESSED BY LICENSED REAL ESTATE AGENTS IN DIFFERENT REAL ESTATE MARKETS. DO NOT BASE YOUR HOME PURCHASE OR SALE ON THE OPINIONS EXPRESSED IN THIS STREAM. ALWAYS CONSULT YOUR LOCAL REALTOR FOR YOUR MARKET CONDITIONS.
reference article https://finance.yahoo.com/news/big-squeeze-housing-market-unaffordable-133929596.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFKRPl3dHWq56tXMNm8zb6YfMetojlU-gadIkXr5_Nnp7JoHpzMwJS76psopCp5v1vhv_HbrAux0XIEmRtzmgZk1h2Z3RhAZ8GrD6ZrxPAN9LD35GI-BLcALXvPSBRnFJA0HoLiFz1d3NAQHvSMTF6Uico7C62tm0p4J5HHi5Z71
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