With Affordability High, More Home Owners Supersiz
This article confirms what I've already witnessed: homeowners who can, will. Those who are not too terribly underwater and have the means are taking advantage of this down market and purchasing a larger home. Though the trend for some time was to get away from larger homes with unnecessary space (especially those located in the exurbs) there seems to be a bit of a reversal. Taking advantage now makes great sense from a dollars perspective. But there is potentially a price to pay in terms of quality of life (IMO).