This Mansion just got FORECLOSED ON. And it won't sell.
This foreclosure in Bakersfield, CA is sitting on the market with very few interested buyers. Why? Well, it is overpriced for one. But perhaps more importantly, it's way too big.
At six bedrooms and nearly 6,000 SF, it is a McMansion. And right now McMansions are struggling to sell because home builders built homes too big over the last 20 years.
Now the average household size in America is declining, more people are living alone, and fewer people are having kids - so why would anyone need a house this big in 2023?
Watch for more McMansions to sit on the market for sale in coming years.
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Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео This Mansion just got FORECLOSED ON. And it won't sell. канала Reventure Consulting
At six bedrooms and nearly 6,000 SF, it is a McMansion. And right now McMansions are struggling to sell because home builders built homes too big over the last 20 years.
Now the average household size in America is declining, more people are living alone, and fewer people are having kids - so why would anyone need a house this big in 2023?
Watch for more McMansions to sit on the market for sale in coming years.
---
REVENTURE APP: https://www.beta.reventure.app/dashboard
JOIN as a CHANNEL MEMBER ($5/Month): https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео This Mansion just got FORECLOSED ON. And it won't sell. канала Reventure Consulting
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