Majority of Owners/Buyers Want a Little More Space

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Posted To: MND NewsWire

Even as homebuilders and affordable housing advocates are pointing to the need for changes in local regulations to reduce housing costs, homebuyers and sellers seem to be largely in favor of holding on to some elbow room. A recent survey by Redfin, the Seattle-based real estate company, found those groups are more likely to oppose the building of dense housing than they are to support it. Fifty-three percent of homebuyers and sellers support zoning policies that limit housing density near where they live while only 27 percent support policies that enable it. Redfin surveyed more than 3,000 consumers who had either bought or sold a primary residence in the past year or planned to do so in the upcoming one. They were asked to select as responses: “I support zoning policies that limit the number…(read more)

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