Housing trends are constantly changing but this one really had me scratching my head when I heard about it for the first time earlier this month. You're probably thinking it's a new paint color, decorative tile or even maybe that shiplap isn't trendy anymore (never!) Well, I have some bad news...
It's the McMansion, and it's back. Let's take a minute to say our goodbyes to the Tiny House. It was fun while it lasted, hopefully you'll be back soon.
A new study came out about this years Millennial home buyers and its trending upwards. Millennials buyers are now buying bigger homes than in years previous. As more Millennials leave the rental market and buy their first homes, we are seeing them skip the "starter home" altogether.
While, as a realtor this may be great news. As someone who wants a healthy economy and 2005 to never happen again, it scares me a little. Some Millennial home buyers are maxing out their purchasing budgets to get the dream home for their first property.
What are your thoughts on the McMansion trend?
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