Pulte Group has come out with a statement saying that there is a renewed sense of optimism in housing, and that homebuyers, regardless of their stage of life, still want and need larger homes. In this video, Motley Fool analyst Matt Koppenheffer discusses the implications of this trend. Is the desire for more space an indication that consumers own more things, and are therefore spending more again? Is this further evidence of a housing market on the road to recovery? And what does this mean for the banks, which stand to profit from more mortgage loans?
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The article The McMansion Is Making a Comeback originally appeared on Fool.com.
Matt Koppenheffer owns shares of Bank of America. The Motley Fool owns shares of Bank of America and Wells Fargo. Motley Fool newsletter services recommend Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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