I heard it said at a sales meeting last night that people are downsizing in a way that takes them “Back to their roots” of family, close social gatherings, & needs type purchases instead of wants. Further, that this is becoming a trend and a new way of life.
On the NBC Today Show a couple of days ago, there was a piece on the values of real estate. One of the claims was that according to NAR (National Association of Realtors) the average home size desired now has dropped to a taste over 2,000 square feet, several hundred square fees less than just 1.5 years ago.
As I look around, I certainly do see examples of all this but how wide spread is it? I am now working to build a larger consensus.
I’m working with an Intern who’s major is finance at a local university who put a 6 questions survey together to help answer the questions above in more detail.
Please take 5 minutes and answer these few questions; you may even win a prize for doing it. Then after you do it, have others take it, he thinks we can get 1,000 responses in a very short while. Right on Daniel!
The Financial Preferences Survey = Click Here
Lets discuss your views too
Cheers. . .Danno
