New homes are getting smaller. That could be big news for first-time buyers | CNN Business

CNN  — 

After years of saving, Jordyn Carias and her partner purchased a home for the first time last month. To find a place that didn’t break the bank, she said, they had to go smaller.

“We had a lot of things we wanted in our first home, but after looking at the price range, we had to reassess,” Carias, a graphic designer who lives in Muscatine, Iowa, said.

Compared to other countries, America is known for bigger cars, portions and take-out coffee cup sizes. For most of recent history, Americans have also wanted bigger

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