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operate near indianapolis, they recently launched this new neighborhood concept with detached homes, 3 to 400 square feet smaller, cheaper than a typical build, expanding the kitchen area, taking away the dining room all together in some cases, taking out like bathtubs, you ll still have the bathrooms but not as big, and whaty are doing, much smaller lots to save on the cost as well, and increasing landscaping to try to provide privacy because you are, you know, you are smooshed in there in a lot of cases. is this the way we are going, doug? well, i think robert is on to something. think about how the home marke was for a while, builders were building big homes, not small starter homes for first time buyers. they could make more money on a big house. now all of those potential buyers are in a house with a low interest rate mortgage from the past couple years and they are not giving up the house and not putting it on the market and not
Interest rate hikes have prompted buyers to “step back,” but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.
Interest rate hikes have prompted buyers to "step back," but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.
Detached houses are proving the most popular type of property among people moving homes, According to the latest figures from the Halifax Home Mover Review 2023, over the last 12 months detached sales accounted for 32% of sales, as buyers sought out more space, peace, and privacy. This is a significant increase on 10