Monday, January 26, 2009

HOME BUYERS THINKING SMALL & ENERGY WISE

Jetson Green - Experts from the NAHB and Better Homes & Gardens Magazine released some interesting research at the International Builder's Show in Las Vegas. They found that Americans aren't interested in McMansions or large homes anymore, they're looking for something more practical. They're looking for economic and cozy spaces with neat organization. What's interesting, however, is that the same group that presented this research, the NAHB, is also the group behind IBS and The New American Home. So despite the fact that consumers want smaller homes, the NAHB brings out a New American Home of 8721 square feet -- it's a veritable Temple of Opulence. . .

Be that as it may, buyer's aren't just looking for smaller homes. They want function, so here's a breakdown of some of the things buyers are looking for in their homes:

"Wii-sized," media-centric family gathering rooms
More storage to keep clutter under control
Small homes with built in shelves for food storage
Energy-efficient heating and cooling systems
Energy-efficient homes with lower utility bills
Outdoor spaces, such as a front porch
A dedicated home office space

Speaking to The Washington Post, David Poole, sales manager at a development with smaller-sized homes, said, "It's an easier buyer to get into [a small house] just because of the circumstances of the economy . . . people aren't buying big, huge homes with no yard." . .