A new, narrower style of house is emerging in Orlando’s suburbs as builders think small.
Not far from developments of estate homes with sprawling lawns in the Windermere area are several communities with houses that are just 24 feet wide and side yards of about 4 feet.
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As 2013 draws to a close, it’s fairly clear that the real estate market has gained strength: home sales are up, prices have firmed, foreclosures are down and mortgage rates remain close to record lows.
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Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
Sales of new homes grew 25.4 percent to a seasonally adjusted annual rate of 444,000, the Commerce Department said Wednesday. That was the largest monthly percentage increase since May 1980.
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