South Florida townhouse construction heats up
For 19 years, Susie Gugliotta lived in a five-bedroom home in Weston. But she no longer needed anything that large and was ready for a change.
Instead of a smaller house, last June she plunked down $481,000 for a waterfront townhouse in Artesia, a development still under construction in Sunrise.
Gugliotta isn’t alone.
New townhome construction is the rage, according to the National Association of Home Builders, a Washington, D.C.-based trade organization that predicts “future gains” for townhomes. Many townhouse buyers are going from being a renter to an owner, downsizing, or seeking to live in urban sprawl.