Monday, March 4, 2024 / by Don Minehart
Don Minehart | Marshall | St. Clair Group of Keller Williams Blog
Saturday, March 2, 2024 / by Don Minehart
"Evolving Homebuyer Preferences: Smaller, Smarter, and Tailored to Perfection"
In the aftermath of a brief uptick in average home sizes during 2021, the trajectory has taken a noteworthy dip, settling at the smallest average size in 13 years – a mere 2,411 square feet in 2023, down from 2,479 square feet in 2022. According to the NAHB's "What Home Buyers Want" study, prospective homeowners are eyeing homes within the 2,070-square-foot range. A staggering 38% of surveyed builders have already responded to this demand by constructing smaller homes in 2023, with an additional 26% planning to continue this trend into 2024.
Beyond size considerations, the study also sheds l. ...
Friday, March 1, 2024 / by Don Minehart
Unveiling the Luxury Landscape of 2024: Anticipations and Insights
The narrative took a positive turn towards the end of 2023, breaking free from a period of stagnation fueled by economic uncertainties. The cautious dance between buyers and sellers in the initial three quarters of 2023, driven by concerns over inflation and economic outlook, gave way to a resurgence. Confidence returned, reflected in increased inventory levels and a noteworthy surge in sales, surpassing figures from the same period in 2022.
A Market Poised for Evolution
Entering January 2024, data from research across 155 markets suggests not only a continuation but a potential acceleration of this positive trend, especially in the singl ...
Thursday, February 29, 2024 / by Don Minehart
The Truth About 6 Common Mortgage Myths: Separating Fact from Fiction Myth 1
Thursday, February 29, 2024 / by Don Minehart