empty nest: More Evidence That "Small" Is "In"
- 09/28/10 07:47 AM
For over a year now we have seen that the Trend in Residential Real Estate has been towards smaller homes. Parents have been downsizing because the “Empty Nest” is too much house after children move away, and others are opting to avoid high upkeep and maintenance costs by building houses that are as much as thirty percent smaller. We have also seen ample anecdotal evidence that the same was happening in Commercial Real Estate. Big Law Firms have been laying off attorneys, Insurance Agencies have been downsizing, and Mortgage Companies, if they have survived, are much smaller than they previously were. … (1 comments)
For over a year now we have seen that the Trend in Residential Real Estate has been towards smaller homes. Parents have been downsizing because the “Empty Nest” is too much house after children move away, and others are opting to avoid high upkeep and maintenance costs by building houses that are as much as thirty percent smaller. We have also seen ample anecdotal evidence that the same was happening in Commercial Real Estate. Big Law Firms have been laying off attorneys, Insurance Agencies have been downsizing, and Mortgage Companies, if they have survived, are much smaller than they previously were. … (1 comments)
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