{"id":2609,"date":"2020-01-07T05:00:07","date_gmt":"2020-01-07T11:00:07","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/big-demand-for-small-homes\/"},"modified":"2020-01-07T05:00:07","modified_gmt":"2020-01-07T11:00:07","slug":"big-demand-for-small-homes","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/big-demand-for-small-homes\/","title":{"rendered":"Big Demand for Small Homes"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.simplifyingthemarket.com\/wp-content\/uploads\/2020\/01\/03153307\/20200107-KCM-Share-549x300.jpg?w=358&#038;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"Big Demand for Small Homes | Simplifying The Market\" style=\"margin-bottom: 5px;clear:both;max-width: 100%\" \/><\/p>\n<p>Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different.<\/p>\n<p><span id=\"more-41507\"><\/span><\/p>\n<p>Since 2015, the square footage of newly built houses has been shrinking, according to <a href=\"https:\/\/finance.yahoo.com\/news\/bold-predictions-2020-shrinking-homes-050138341.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><em>Yahoo Finances<\/em><\/a>. This is not projected to change as we continue into the beginning of the year.<\/p>\n<blockquote>\n<p><em>\u201cWe expect this downsizing trend to continue in 2020, driven by a confluence of economic and demographic trends.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>Why are smaller homes trending <em>now<\/em>?<\/strong><\/h4>\n<p>As noted in the article, there are a few main reasons for this demand:<\/p>\n<ul>\n<li><em>\u201cMany of today&#8217;s younger, millennial home buyers have expressed a preference for denser, more urban homes that are more walkable to shared amenities.\u201d<\/em><\/li>\n<li><em>\u201cToday&#8217;s older homeowners are expressing a desire for smaller, less maintenance-heavy and more accessible (read: less stairs) homes as they age and move into newer homes.\u201d<\/em><\/li>\n<\/ul>\n<p>With these two demographic groups surging through the market, the demand for this type of home is rising. If you\u2019re a homeowner with a smaller-scale house, now may be a great time to sell, as the demand for this end of the market is surely on the rise.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>The demand for smaller houses will continue to rise throughout 2020. Let\u2019s get together to discuss what the housing inventory looks like in your neighborhood. It might be time for you to take advantage of this trend!<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year. \u201cWe expect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2610,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-2609","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Big Demand for Small Homes&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/big-demand-for-small-homes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big Demand for Small Homes&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year. \u201cWe expect [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/big-demand-for-small-homes\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-07T11:00:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2020\/01\/20200107-KCM-Share-549x300-1.jpg?fit=549%2C300&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"549\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott\" \/>\n<meta name=\"twitter:label1\" content=\"Written 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