The American Dream used to include a house with a white picket fence, but some point that the dream home grew larger and more grandiose, some being referred to as a McMansion which was 3,000 square feet+.
It appears that the popularity of these large and often over-sized homes might be waning. Consumers are moving away from opulent homes in favor of smaller, more streamlined abodes.
According to a survey by Opendoor:
60% have changed their definition of a dream home
52% want a smaller home
81% want a simpler style/design
57% say the top priority is a quiet and secluded location.