House and Home
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House and Home
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Wed, May 28, 2025
[ Wed, May 28th ]: wjla
Bigger isn't always better for homebuyers facing rising costs
Tue, May 20, 2025
[ Tue, May 20th ]: wjla
Why recession fears shouldn't derail your homebuying plans
Wed, May 7, 2025
[ Wed, May 07th ]: wjla
What is a home appraisal? Everything you need to know
Tue, May 6, 2025
[ Tue, May 06th ]: wjla
Guide to downsizing your home
Fri, May 2, 2025
[ Fri, May 02nd ]: wjla
Housing options that redefine what 'home' means
Thu, May 1, 2025
[ Thu, May 01st ]: wjla
Home prices are falling in these formerly hot markets. Why?
Mon, April 28, 2025
[ Mon, Apr 28th ]: wjla
U.S. housing market: A nationwide overview
Thu, April 24, 2025
[ Thu, Apr 24th ]: wjla
What is Home Equity?
Mon, April 21, 2025
[ Mon, Apr 21st ]: wjla
In a major shift, corporate investors are backing out of the real estate market
[ Mon, Apr 21st ]: wjla
How to prepare your home for sale: 4 steps to follow
Wed, April 16, 2025
[ Wed, Apr 16th ]: wjla
Arlington Mortgages | News, Weather, Sports, Breaking News

Bigger isn't always better for homebuyers facing rising costs

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  The stats look bleak, but experts caution that if you can afford to buy, getting a smaller home is better than waiting on the sidelines.

The article from WJLA discusses the trend of homebuyers opting for smaller, more affordable homes over larger ones due to rising mortgage rates and home prices. It highlights that the median size of new single-family homes has decreased, with a significant portion of buyers now preferring homes under 2,000 square feet. The shift is driven by economic factors, as smaller homes are more budget-friendly and easier to maintain. Additionally, the article notes that builders are responding to this demand by constructing smaller homes, and it provides insights from real estate experts on the benefits of downsizing, such as lower utility costs and reduced environmental impact.

Read the Full wjla Article at:
[ https://wjla.com/money/mortgages/bigger-isnt-always-better-for-homebuyers ]