Buying a home can be a financial stretch. With soaring home values andrising interest rates, many potential first time home buyers find saving for adown payment increasingly difficult. For many
Sized Of Home On A Rise
Dated: April 21 2022
Views: 119
From established urban neighborhoods to sprawling suburbs, houses all across America are getting bigger. While the average size of newly constructed single family homes has fluctuated over the years.
The trend toward larger houses is apparent. Over the past two years of the pandemic, working from home has led people to reevaluate their housing requirements. As the end to separate work areas from
living spaces became clear, many chose to either add on to their existing home or move to a bigger house. But this trend actually began years before the pandemic. According to Freddie Mac, the U.S. Census Bureau's
Survey of Construction shows "in 1990, 29% of new single-family homes completed had four or more bedrooms. That share had increased to 43% by 2019 (pre-pandemic) and further increased to 44% by 2020.
Ironically, while the size of our houses has grown, the size of our families has decreased. Since 1940, the U.S. has seen a 16% decrease in people per household, reports TheZebra.com Ideally, rising construction of
larger homes will begin to uncramp living conditions for many American looking for more space.
Karin Waterschoot-Perez
Executive Vice President of Sales Experienced Realtor, Karin Waterschoot-Perez, currently serves buyers and sellers located in and around Franklin County. With over 19 years of experience in the re....
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Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 27, 2022 4:35 PM UTC The listing information on this page last changed on Last updated on May 27, 2022 4:35 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
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Updated on May 27, 2022 4:35 PM UTC
