Builders Scale Back House Sizes as Buyers Commit to Energy Efficiency
Frugality is finally showing up in new home developments.
Although the number of new single-family houses sold this year will probably be down about 68 percent from the peak of almost 1.3 million sold in 2005, there will still be about 420,000 households buying new homes this year, according to the National Association of Home Builders.
But recession-chastened house hunters are looking for different things than the boom-era buyers who snapped up homes that grew bigger, fancier and pricier by the month.
See full Article.
Posts
