Has the housing market really turned a corner that Americans are buying/building bigger? Why do home buyers want all that space? More than a desire for larger homes, the American homeowner is “sizing up” to accommodate family members or to build a “forever” residence that’s friendly to future senior living.
The American desire to build one’s own home is strong and growing across the U.S. housing market. More homes are being built, and they’re bigger than ever. But, the trends are much more significant than just size. Our closer look at the just-released U.S. Census Bureau’s annual housing survey report reveals important insights that you should know about before building your own home.
A study by the U.S. Census Bureau reveals that single-family home construction continues to rise. Not since 2008 has the outlook for the housing market been more promising – with millennials and first-time buyers poised to purchase new homes. We look at the interesting trends reported by the study.