It’s Tuesday again! Here’s our last set of 2023 housing trends! 👇
1. Multigenerational Living: Economic challenges and changing family dynamics may lead to an increase in multigenerational living arrangements, with multiple generations sharing a single home.
2. Home Renovation and Improvement: With more people spending time at home, home renovation and improvement projects are expected to be popular. This can include adding home offices, upgrading outdoor spaces, or renovating kitchens and bathrooms.
3. Sustainable and Smart Communities: Developers are increasingly focusing on creating sustainable, smart, and walkable communities that offer a better quality of life for residents.
4. Supply Chain Challenges: Disruptions in the supply chain can affect the availability and cost of building materials, potentially impacting construction and renovation projects.
Hope you find these trends helpful and interesting. If you want to learn more about today’s housing market, let’s chat!