Younger Buyers Want Better, Not Bigger

A new generation of home buyers is thinking smaller.

After their marriage nearly four years ago, Kathryn and Dan Drury decided to move out of their condominium in an Atlanta suburb and build a house. It was “the kind you think you’re supposed to,” as Ms. Drury described it, “a home you could live in, raise a family and compete with the Joneses.”

But after they moved into their new 4,000-square-foot home, they realized it was not what they really wanted. “It was a big beige box in a typical subdivision,” said Ms. Drury, 29, who has a degree in architecture and interior design. “We got tired of maintaining a big home, cleaning it, keeping up the yard.” One monthly electric bill was $300, she said, “and we are two professional people and a dog!” (Read More)

Source: NY Times

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