Monday, December 17, 2012
Return of the McMansions
After five years of downsizing, homeowners may be "upsizing" once again. A growing family and a need for more living space are the prime reasons across the generations, according to a new survey by national homebuilder PulteGroup, according to CNBC's Diana Ollick.
"There appears to be a renewed sense of optimism in housing. Homebuyers, regardless of their stage of life, still want and need larger homes," said Pulte's chief marketing officer Deborah Meyer in a release. "Consistent with our consumer research, the survey results show that today's buyers are equally focused on more efficient use of the spaces within their homes."
TRANSLATION: Bernanke is printing and the money is easy.