Showing posts with label trend. Show all posts
Showing posts with label trend. Show all posts

Wednesday, August 17, 2016

Is the Tiny House Movement: Fad or For Real


Is the Tiny House Movement: Fad or Solution


You don’t have to be house shopping to know that “tiny” is very now. “Tiny” as in “tiny homes,” that is. TV shows, magazines, and the lifestyle sections of newspapers have been promoting the “small is beautiful” philosophy for months now. What’s it all about?
A tiny house or apartment is generally described as less than 400 square feet (37.16 square meters), and, according to Betsy Shiffman in Forbes, “While tiny apartments are hardly a new phenomenon…a new wave of tiny houses and micro apartments is targeted to people who can afford more.”
In the past, families in urban areas lived in tiny apartments because they couldn’t afford bigger. Today’s tiny home buyers go tiny because they want to.
As Shiffman points out, “In Manhattan, a 100-square-foot broom closet on the Upper West side goes for a cool $1,100… and in Tokyo, so-called “coffin” apartments go for anywhere between $500 and $1000 per month for 50 to 75 square feet (4.6 to 6.9 square meters) of space.”
In the U.S., according to Collin Binkley of Associated Press, “Backers of tiny living say the movement is growing, and certain areas have become hotspots. Villages of little homes have popped up in cities like Portland and Seattle.”
However, a recent article in the Globe & Mail takes on the myth of happy tiny-home owners. “Are tiny homes really sustainable?”
The writer, Erin Anderssen, points to at least one poster family for the tiny housing movement: “They lasted 18 months before they decided it was ‘too small’ and moved into an apartment.”
That said, the movement remains popular across North America, especially with the millennial contingent.
And, interestingly, several urban areas are currently exploring the feasibility of tiny homes in the battle against homelessness.
Are tiny houses just another craze or might they represent a solution to an intractable urban problem? It remains to be seen.

blog from http://readytogonewsletters.com/real_estate_articles/

Wednesday, February 04, 2015

Big Housing Demand for first time home buyers

According to US News: One reason that single-family construction will grow in 2015 is the expected unlocking of housing demand among prospective first-time home buyers. The market share of first-timers for both new and existing home sales has been weak in the past few years. While first-time purchases typically make up about 30 percent of newly built home sales, industry surveys suggest that this share was less than 20 percent in 2014.  The signs suggest 2015 will be positive for housing, which in turn will generate benefits for the overall economy.

http://www.usnews.com/opinion/economic-intelligence/2015/01/14/housing-market-showing-signs-of-a-good-2015