Build it and they will come (true in real estate)


GOOD: Homes are selling and prices are increasing!

BAD: I can not find a home for my clients

UGLY: It takes more than year to build a McMansion

BOTTOM LINE:  Build it and they will come is still true to McMansion!

 

Who says Americans have fallen out of love with McMansions? It’s true that the housing bust shaved a few square feet off the average size of new homes in the U.S. But new single-family homes built last year were still 49 percent bigger than those built in 1973, according to Census Bureau data.  And it’s worth remembering that family sizes have shrunk over that period.

Read more: http://www.businessweek.com/articles/2012-11-16/death-of-the-mcmansion-has-been-greatly-exaggerated?cmpid=linkedin

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