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As home prices rise, one trend developing in the real estate market is people looking for smaller houses.
There are a number of reasons for this phenomenon.
According to one Southern California real estate blog, Baby Boomers are looking to downsize as they reach or near retirement. In addition, first-time home buyers on a budget and multi-generational families looking for some alternatives are also seeking less square footage.
Most smaller homes are cheaper, have lower utility bills and require less cleaning and maintenance.
On the other hand, there's less room for personal belongings, less space for day-to-day living and no room for guests.
In Fremont, there's a 950-square-foot home at 3360 Rockett Drive that's for sale for $380,000.
The one-story home has three bedrooms and one bathroom. It was built in 1954 and sits on about a tenth of acre.
If you have interest to post your property from this blog : http://realestate-property-moves.blogspot.com/p/blog-page.html (free submission offer)
View more real estate property and brokers list and builders constructions in Florida
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