Homes are getting smaller in 2024: Here's why

The video discusses the shift in housing trends towards smaller homes due to high land and building costs. Builders are adapting by optimizing square footage and offering more affordable options like townhomes. The pandemic initially increased home sizes, but affordability issues have since led to a decrease. Consumers are opting for smaller homes, sacrificing some features for cost savings. Downsizing is seen as a way to gain freedom from the maintenance of larger properties.

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