U.S. Needs More Small Homes as Household Size Shrinks
America's housing needs are changing. A new report from John Burns Research and Consulting finds that shrinking household sizes and more adults sharing homes are creating demand for smaller, more affordable housing. Researchers estimate that 4.3 million additional households would exist if Americans were forming households at the same rate as in 2010. Kathy Fettke breaks down what's driving the shift and what it could mean for homebuilders, the housing market, and real estate investors.
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