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).
1 comment:
YES, to skipping exurbia! so glad that we didn't move any further "out" than where we are now. even though some of the inner ring housing stock needs work/more $$, you simply cannot beat the quality of life. on sat. during the day, i ran into an old friend while out walking...later that night while out to dinner, other friends serendipitously came through the front door. we ganged up our tables and had the best time! i don't think that happens "out there"
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