Are Townhouses the New American Dream?
Posted by Ralph Ragette Jr on
Are Townhouses the New American Dream?
The Willows in Somers
While rising interest rates and higher home prices have created additional barriers to homeownership, the primary issue remains a shortage of homes. In response, developers are ramping up construction, with national single-family home building spiking by 16% in September. What if the answer isn’t simply building more homes, but building smaller, more efficient ones? Enter the townhouse — a growing trend that may just be the new American dream, according to Realtor.com. Additional reasons townhouse demand is on the rise:
-
Affordability
Townhouses are generally more affordable than single-family homes.
-
Lower Maintenance
Many townhouses offer…
299 Views, 0 Comments