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Chart of the Day: 3 to 4 Bedrooms

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer Oct 4, 2023
chart shows the number of rooms in homes from 1973

Contents

Today’s Chart of the Day from Chartr shows that 4+ bedroom houses went from being 25% of homes in 1973 to just under 50% of the nearly one million new homes constructed in 2022. Two-bedroom homes have stayed relatively stable, with the change being fewer three-bedroom homes. According to Chartr, they suspect the fourth bedroom is from the rise in work from home and the desire for an office more than an additional bedroom.
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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