2023-08-26 Economy
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Home prices are getting so high that builders are starting to build smaller homes
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[WND - JACK LIMPERT] — For many Americans, homeownership may be attainable only if they give up a dining room. Home prices are near record highs, frustrating millions of potential buyers who feel priced out of the housing market. Home builders are having to find ways to make their product more affordable to increase their pool of customers.
Shrinking the size of a new single-family home is an increasingly popular way to do it. Smaller homes can help cost-constrained buyers facing high mortgage rates. They also boost the bottom line for builders who are contending with spiraling labor and construction costs.
Graphic is of an old 'Sunday Home' in Fredericksburg, TX.
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Posted by Besoeker 2023-08-26 08:04||
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Posted by ed in texas 2023-08-26 08:39||
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Posted by Procopius2k 2023-08-26 09:03||
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Posted by Besoeker 2023-08-26 09:06||
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Posted by Enver Slager8035 2023-08-26 09:14||
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Posted by M. Murcek 2023-08-26 09:17||
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Posted by Besoeker 2023-08-26 09:23||
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Posted by Tom 2023-08-26 09:44||
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Posted by M. Murcek 2023-08-26 10:50||
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Posted by swksvolFF 2023-08-26 22:49||
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