The (Not So) Curious Case of the Shrinking Homestead

Home / Blog / The (Not So) Curious Case of the Shrinking Homestead

Posted To: MND NewsWire

"Go West" may not be the best advice for someone in search of elbow room. The National Association of Home Builders (NAHB) says that housing lot sizes are shrinking everywhere , but they are smallest in the Pacific and Mountain divisions, and in the furthest west division of the South. The median lot size for a new single-family detached home was 10,000 square feet in 1992. Ten years later it had fallen under 9,000 square feet but shot back up during both the housing boom and the housing crisis (our guess, because fewer lower priced homes were being built) before resuming a gradual but fairly steady decline. In 2015 the median size fell under 8,600 square feet for the first time since the advent of the Census Bureau's Survey of Construction (SOC). The 2017 survey puts the median lot size nationwide...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.



Source: http://www.mortgagen...

6ad38a09 c865 4608 9fc4 98e90b39c448 ea4cf0dc 499a 4d95 b87f b2f4a6aa55b9 1adfef1a 501b 4f9a a5df c56d36dbbd68 f70f0db6 caad 4d8d b317 a5f263e71bac 71c7d069 2ac2 42e9 80b3 b726956fddfa 37916b38 5fbd 4864 8f51 6612c47dfc44 9393a7a5 6dbb 49b2 8c4e eda49170788c 17578e0d d632 4f39 863c ef52fb1be7d7 97cdef73 557c 4e94 bb1e 659a17cffad5 6d405bd8 b02a 4e56 9dad 184acda39ae8 d66bb32c 555f 480f 9e97 b766cfc6c351 62532926 4039 4086 9c2e 8191807f4359 5a77f5c0 fc22 41c7 97bb 37ba2dad43fd 5a00ab11 e569 4ca7 a942 f4becd0b4de8 5dc688f3 d614 42ec ab68 1e4725af0dc0 206fadc9 3cbd 4eed baf1 300795a9d7f2 e6675eb1 b2cc 4e6f 8573 7ba8c5061afa 8f221c6f fcdd 44b9 94e6 b05dfe62cab7 9c9e7d3e eab8 4268 b455 4741674acee9 e05f2992 84bf 4cbf b580 eb3841afd368 b1826dbd 5496 42cb a378 70f42db84897 555db958 2dfd 480f 88ac e3591e19f32f 6233fd19 adb6 4861 8490 1ce6439d63c3