Monday, January 13, 2020

Smaller Homes Trending

In the last five years, we have seen smaller homes becoming more popular, particularly the ranch style.
Why are smaller homes popular now?
I see a few reasons for the trend:
  • Many of today’s younger, millennial home buyers have are interested in a more "urban" setting, with denser, more walkable neighborhoods to take advantage of local amenities.
  • Today’s older homeowners are expressing a desire for smaller, less maintenance-heavy and more accessible (read: less stairs) homes as they age and move into newer homes.
With these two demographic groups surging through the market, the demand for this type of home is rising. If you’re a homeowner with a smaller-scale house, now may be a great time to sell, as the demand for this end of the market is surely on the rise.

The demand for smaller houses will continue to rise throughout 2020. Contact me if you'd like to take advantage of this trend!  I'm always happy to help!

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