What's Growing Along With The Market? America's Homes
CNN's Les Christie reports that last year, American homes averaged 2,600 square-feet, a number that Christie says tops "even the housing bubble years, when homes averaged around 2,400 square feet."
Extremely large houses made up 9% of new construction last year, up from 6.6% in 2005. Many of these homes include extra rooms such as offices, dens, playrooms, etc. and Christie says, "only 59,000 homes built last year came with less than two bedrooms, compared with more than a quarter million with four bedrooms or more." As I think about the 30-year increase in the size of American homes I'd like to hear you weigh in on home size: is more better or is less more?