Sunday, April 28, 2013

Current Real Estate Trend 2013

I have a link below describing a new trend in residential homes in real estate in the aftermath of the 2008 crises that is called "Multigenerational Homes."

The basic idea is to build a house to accomadate multiple generations of families within the same home, such as a families' parents coming and living with their children, or children returning after college to live with their parents. They use the space more efficiently than before, instead of having huge garages or large rooms, they focus on providing living area for multiple people and some even are semi seperated from each other with their own kitchens etc.

The video link below describes all of this more in detail and shows some examples and designs of the types of homes mentioned above. There is a rather large market for these types of homes, especially during a time of low demand for newly built homes. This allows builders to continue making homes even though they are slightly different than the traditional homes that we have seen in the past, and vastly different from the large and extravagent homes that were being built right before the crises in 2008.

Video Link:
http://realestate.msn.com/video/video.aspx?videoID=51f6683a-4ec1-4d15-8461-7c0487178898&from=msnrealestate_ss



"8 New-home trends for 2012." RealEstate.msn.com. 2012. Web. 28 April 2013. http://realestate.msn.com/8-new-home-trends-for-2012

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