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Prices Soar Along with Buyer Desires
Large Homes Increasingly Popular

"A home is not just an office and a house anymore. It's a theater, it's a spa, it's a restaurant, it's a getaway retreat," said Kevin Gillen, a senior researcher for Drexel's Lindy Institute for Urban Innovation.

Gillen says buyers are looking for more ways to stay at home regardless of the size or location of the home.

"If you've got an outdoor deck, or patio, an al fresco kitchen, a tennis court, or a swimming pool, that is adding as much value to a house price right now than the structure itself," Gillen said.

Source: www.fox29.com


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Information is deemed reliable but not guaranteed.