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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
2545 S Atlantic Avenue 1005 Daytona Beach Shores FL 32118
New Listing - 2 hours on site
1 / 54
$499,000
2
BEDS
2
TOTAL BATHS
1,363
SQFT
2545 S Atlantic Avenue 1005 Daytona Beach Shores, FL 32118
Condominium For Sale
- Active

RARE OFFERING AND OPPORTUNITY TO OWN A ONE-OF-A-KIND FULLY FURNISHED OCEANFRONT HOME IN THE SKY! 10 floors above the Daytona Beach Shores Skyline this DIRECT OCEANFRONT CONDOMINIUM HOME WILL TRANSPORT YOU TO PARADISE! REMODELED AND DECORATED BY WALLE

Listing courtesy of Sandra Cook of Realty Pros Assured
24 Gale Lane Ormond Beach FL 32174
New Listing - 2 hours on site
1 / 51
$436,000
3
BEDS
2
TOTAL BATHS
2,118
SQFT
24 Gale Lane Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

Plantation Bay - Corner Lot on the Golf Course! Beautifully positioned on a spacious corner lot overlooking the 13th hole of the Founders Course, this meticulously maintained 3-bedroom, 2-bath home offers 2,118 sq ft of comfortable living in one of

Listing courtesy of Tracey Klein of Florida Homes Realty & Mortgage
5452 St Regis Way Port Orange FL 32128
New Listing - 14 hours on site
1 / 49
$424,900
3
BEDS
2
TOTAL BATHS
2,564
SQFT
5452 St Regis Way Port Orange, FL 32128
Single Family Residence For Sale
- Active

Welcome to 5452 St Regis Way, located in the peaceful cul-de-sac of The Vineyards, one of Port Orange's most desirable neighborhoods. This well-maintained 3-bedroom, 2-bathroom home offers comfort and convenience with recent upgrades that make it mov

Listing courtesy of Stacy Kelly of EXP Realty LLC

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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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Contact James Today

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

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