Millennials don't want to buy baby boomers' sprawling, multi-bedroom homes

Islandgypsy said:
I think one of the biggest fuelers of the excessive home size is the buyer with relatively deep pockets from selling his much smaller home in the north. Those late boomers are still arriving in Florida, amazed by what their house sale cash can buy them here. After living 13 years in a house where you had to turn sideways to get through the bedroom door, we moved to Florida and bought a “huge” 1100 sf house with 1 1/2 baths.
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It ain't just happening in Florida...check out Texas - they're all swimming this way from California and NYC! Messing up our local real estate market. They sure want the "starter castles" with the infinity pools and endless marble. It is what it is.
 

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