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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Big Demand for Small Homes

Big Demand for Small Homes | Simplifying The Market

Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different.

Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year.

“We expect this downsizing trend to continue in 2020, driven by a confluence of economic and demographic trends.”

Why are smaller homes trending now?

As noted in the article, there are a few main reasons for this demand:

  • “Many of today’s younger, millennial home buyers have expressed a preference for denser, more urban homes that are more walkable to shared amenities.”
  • “Today’s older homeowners are expressing a desire for smaller, less maintenance-heavy and more accessible (read: less stairs) homes as they age and move into newer homes.”

With these two demographic groups surging through the market, the demand for this type of home is rising. If you’re a homeowner with a smaller-scale house, now may be a great time to sell, as the demand for this end of the market is surely on the rise.

Bottom Line

The demand for smaller houses will continue to rise throughout 2020. Let’s get together to discuss what the housing inventory looks like in your neighborhood. It might be time for you to take advantage of this trend!


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
3343 Caterina Drive New Smyrna Beach FL 32168
New Listing - 3 hours on site
1 / 45
$649,900
3
BEDS
2
TOTAL BATHS
2,251
SQFT
3343 Caterina Drive New Smyrna Beach, FL 32168
Single Family Residence For Sale
- Active

LAKE VIEWS • SCREENED POOL • BRAND NEW ROOF & AC • LOCATED IN PROMENADE PARKE OF VENETIAN BAY — This 2013-built home is in pristine condition and absolutely move-in ready. Set in the desirable Venetian Bay community with peaceful lake views, the home

Listing courtesy of Lee Toutounchian of Executive Realty Group LLC
2288 Green Valley Street Daytona Beach FL 32124
New Listing - 3 hours on site
1 / 24
$404,869
5
BEDS
3
TOTAL BATHS
2,451
SQFT
2288 Green Valley Street Daytona Beach, FL 32124
Single Family Residence For Sale
- Active

The first floor of this two-story home shares an open layout between the kitchen, dining area and family room for easy entertaining with access to the patio. A secondary bedroom on the first floor can easily be converted to a guest room or home offic

Listing courtesy of Ben Goldstein of Lennar Realty, Inc.
200 Hidden Hills Drive Ormond Beach FL 32174
New Listing - 14 hours on site
1 / 45
$589,900
3
BEDS
3
TOTAL BATHS
2,429
SQFT
200 Hidden Hills Drive Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Get ready to fall in love with this spacious 2,429 sq ft home that's perfect for growing families and those who love to live big! Featuring 3 bedrooms, 3 full bathrooms, and a versatile flex room with French doors—there's space for a home office, pla

Listing courtesy of Brett Lambert of Signature Homes Realty Group

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Related posts:

  1. Why Pet-Friendly Homes Are in High Demand
  2. How Does the Supply of Homes for Sale Impact Buyer Demand?
  3. Home Buyer Demand Will Be Strong for Years to Come
  4. Millennials Are Increasing the Demand for Condominiums

Posted in: Blog, First Time Home Buyers, For Buyers, Move-Up Buyers

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

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James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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