McMansions Return: Why Big Houses Are Coming Back

sidfeinberg | Dec 17, 2012 12:00 PM ET ** You must buy now or you will be priced out *** You should up size your home as soon as possible, your neighbors will envy you. Values are going up at 15% per year in all markets Real estate only goes up

bananas_foster | Dec 17, 2012 12:07 PM ET Buy now! Buy now! There has NEVER bene a better time to buy a home. Here we go again. Like sheep to the slaughter.

EugeneDAlessio | Dec 17, 2012 12:10 PM ET Now is the time to upsize.....you can buy four forclosures right next to each other and make one big house on all four lots and with the utilities all seperated you can have 4 seperate sewer lines so the bull sh^t goes down quickly

We.are.being.played | Dec 17, 2012 12:19 PM ET Let me paraphrase ... Since there aint no money in smaller housing .... and the rich are the only ones that can still afford it .... let`s see what propaganda we have to distribute and get our shill network partners to push it before the floor caves in and we another 30% drop in Real Estate. This is how the Sheeple and Lemmings are interpreting it ... Golly Gee Whiz Martha - If we both get part time jobs (on top of the one we have now at the Hamburger Greasy Spoon) we can go and commit ourselves into the debt-hell that the Banksters want us to be in. We can eat every other day - and turn off the furnace until ice forms in the living room. Just in time for the slaughter.

debtslave | Dec 17, 2012 12:27 PM ET all I can say is, consider the source of this information, a homebuilder, go figure.

chipleyfla | Dec 17, 2012 12:29 PM ET Ha! Ha! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! No other comment needed.......

debtslave | Dec 17, 2012 12:31 PM ET PS - who wouldn`t want to waste all that money on heating and cooling such a large space? Everyone loves to throw money away and give it to the corrupt utilities, all that extra non-used space in these homes needs to be at a proper temp to make buyers remorse easier to handle.

debtslave | Dec 17, 2012 12:34 PM ET PSS - Real estate was the only asset class NOT included in the legislation on money laundering, which means that if you buy a mc mansion you are helping the drug and banking cartels launder their cash. And pleaseook this up if you are skeptical.

njlou | Dec 17, 2012 12:47 PM ET It`s all too obvious!!! there has to be a place to launder Obama stimulus money, and for those of you who have "old" money ...better spend it now before it gets confiscated. LOLOLOLOL

ChrisH2 | Dec 17, 2012 12:56 PM ET The key part of this is the "multi-generational housing" which can be another way of saying they need a space they can rent out to someone to help make the mortgage payments. I have friends still in the construction business in the Silicon Valley area and they`re currently doing six conversions or additions that involve so called "in law quarters". Once the final inspection is done and the occupancy permit is cleared, all of these units will become illegal rental units.






Start a Conversation - Add Comments

Your Comment: ( Please enter all fields and security code. )

Name:
Email:
Website:
Topic:
Comments:
 
Word Verification:
 

Latest Comments

realtors could keep making their numbers - itrader | Jan 30, 2013 03:55 PM ET Mortgage rates are driven more by the 10yr bond rate than 30yr... The housing crisis started when ARMs increased from 13% of mortgages to 25% in one quarter due to ... - by Agent255

the interest rate tax deduction - Berosucci | Dec 6, 2012 12:49 PM ET If you are relying on the interest rate tax deduction to be able to "afford" a house, you are buying too much house.

gram01 | Dec 6, 2012 04:45 PM E... - by 8843HC

Existing Home Sales Unexpectedly Fall 1 Percent - thereugoagain | Jan 22, 2013 10:12 AM ET Unexpectedly .....is a relative term ....if an idiot looks at the unemployment figures and chooses to believe the government bs that was shoveled out during a... - by UCC4112

US Mortgage Applications Eased Again Last Week: MBA - jc18630 | Feb 27, 2013 07:30 AM ET As an aspiring homeowner, I can tell you that there is just not the supply out there to choose from. What is there is way over the price range of a first time homeb... - by Newstorm72

unemployment drops - Mikey-Likes-lt | Dec 7, 2012 08:47 AM ET Of course everyone wishes it was 300k or whatever, but the fact of ;the matter is that yesterday, and a half hour ago, the stock market expected this morning`... - by viola955



McMansions Return: Why Big Houses Are Coming Back

Real Estate Agent Directory

Are you looking for a real estate agent in your area? At housing news blog, you can search for your local realtor and real estate service by using our agent search features.

Real Estate Agent Directory

Get listed!

Are you a real estate agent? Get listed for free with us! Complete a real estate agent profile form and get listed in a few days. Click on the link below to get started!

Free agent profile!