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You are currently browsing comments. If you would like to return to the full story, you can read the full entry here: “Small-Home Trend Reverses as More High-End Buyers Enter the Market”.
What I am seeing is a trend where adult children must live with their parents – either because alone they can’t afford it or because the parents are elderly and need help. Having more bedrooms helps with this situation. I saw a really interesting floor plan by one of the major builders that had an in-law studio apartment with separate entrance and a door through the laundry room to allow separation and yet have access to the main part of the house. Unique and definitely perceptive of the needs of consumers.
Michelle Chauvin, Broker and Property Manager
iRealtyProperties, LLC
2831 St. Rose Parkway, Suite 233
Henderson, NV 89052
Cell: 702-528-5798
Fax: 702-508-9107
Email: michelle@michellechauvin.com
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It’s actually true in a funny way. Houses now look like they are owned by extended families with several rooms. But in fact only 5 people live in it.
So true. Houses now have gazebos, large patios, wider swimming pools and gyms.
Extravagant and impractical I might say but who doesn’t love a big house?
[...] Source: http://speakingofrealestate.blogs.realtor.org/2012/02/10/small-home-trend-reverses-as-more-high-end-... [...]
Nashville’s hottest product — duplexes, triplexes, and quadplexes. We simply don’t have enough of them. Sadly, people stopped building duplexes in the 1950s; and I site two reasons for their big resurgence:
(1) The “nuclear family” no longer the norm. Aging parents with scant savings turn to their children for shelter. And, middle-aged “children” return to their parents when business goes bad.
(2) Appreciation no longer enough. Accessory dwelling units offset the expenses while the market stagnates.
…and speaking off the cuff
(3) Income Property on HGTV. (remember the Flip This House craze)
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