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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Daily Real Estate News  |  November 29, 2010  |   Buyers Show Growing Interest in Tiny Houses
The tightly built, tiny home is one small segment — no pun intended — of real estate sales that is doing relatively well.

For instance, the Tumbleweed Tiny House Co., which designs and builds homes that are less than 500 square feet, has gone from selling 10 blueprints to 50 blueprints a year. The Tiny House Blog attracts 5,000 to 7,000 visitors a day. A new firm, Little House on the Trailer, has sold 16 houses this year for $20,000 to $50,000 each.

Contractor Stephen Marshall, who owns Little House on the Trailer, says, "A lot of families are moving in with one another. A lot of young people can't afford to move out. There's just a lot of economic pressure to find an alternative way to provide for people's housing needs."

Source: Associated Press, Terence Chea (10/29/2010)

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