Thursday, January 28, 2010
Home Sizes Fall as Builders, Buyers Embrace Economic Reality
Very interesting article about the decline of the "McMansion" and the common interest in building more energy efficient homes is on the rise. It's about time! RISMEDIA, January 28, 2010—(MCT)—New-home buyers responded to the tough times in 2009 by opting for smaller houses, driving down the average size of a house built in the United States for the first time in 27 years. Data recently released by the National Association of Home Builders (NAHB) found the average size of a new home that was completed in 2009 fell to 2,480 square feet from 2,520 square feet in 2008...[more]
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3 comments:
The days of building a McMansion are gone with energy prices in Baltimore through the roof and building materials being sold at a premium. Smaller homes will once gain dominate the market and buyer seek out value and watch their month budgets. Great Post! Thanks for sharing...
Real estate is great and latest profitable business. Its nice post about national association of home builder. Its too good.
I want to live in Los Angeles and I think there was a lot of real estate there because there was a lot of business building on that place. I know that those Home Builders in Los Angeles are great that's why I don't have any doubt on buying a new homes on that place. I will visit this site to choose the best design for their homes.
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