Lot Sizes Getting Smaller

According to research from the NAHB’s Eye on Housing, the median lot size for homes sold in 2019 dropped to 8,177 square feet, or 0.188 of an acre – which they say is the first time this has happened since the Census Bureau began collecting this data.  The NAHB says the shrinking median lot size largely reflects the shift in speculatively built (or spec) home building towards smaller lots. Continue reading HERE...