Survey Finds More People May Be Seeking Smaller Homes

Blame it on the economy? 48% in a recent survey by Relocation.com stated that their ideal home size would be 1,000 to 1,999 sf. Five years ago, 2,400 sf was the average home size according to the NAHB (National Association of Homebuilders). Could a trend towards downsizing actually spur sales for smaller homes and condos? With credit tight, and short sales and reos on the rise, a trend toward purchasing smaller homes would be a welcome relief for the battered housing sector.

Sincerely,
Michael Stark
Broker Realtor,
Mike@NeoRealEstate.com
949-574-9474

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About Michael Stark

Michael Stark is a Southern California native, and real estate broker. From 2010 to 2020, Michael served as the Program Chairman of RIAOC (Realty Investment Association of California) booking over 400 speakers. Michael also served as a board member of the Newport Beach Association of Realtors MLS Committee. Licensed since 1996, Michael’s work spans multiple asset types, including multifamily, commercial, industrial, NNN, homes, and condos throughout Southern California. Michael's reputation for sourcing unique off market properties and seller motivated real estate deals is well known. Another core specialty is helping sellers market and maximize the return on their property. Michael's website provides a variety of free resources at SouthernCaliforniaBroker.com, along with nearly 500 videos that he produced. Michael earned his B.A from Claremont McKenna College, and his Masters from the London School of Economics. DRE# 01207862.

By Michael Stark | December 15, 2010 | Categories: Blog, Broker Michael, Miscellaneous | | Comments

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