Downsizing Trend Reverses, Americans Want Big Homes Again
Buying a HomeFor the past three years, the average size of new homes has been on the rise. The median new-home size in 2012 reached a record high at 2,306 square feet, according to newly released data from the Census Bureau. That is an 8 percent increase from 2009. During the Great Recession, Americans showed a preference for smaller homes, and many housing experts were saying it meant the end of the McMansion. But Jeffry Roos, a regional president for homebuilder Lennar, […]
