Americans are trending towards smaller, more efficient houses according to a white paper released by Atlanta-based marketing agency Kleber and Associates (KA). The report covers the economic, demographic and environmental factors that led the average home size to decrease.
Trulia-Harris Interactive Survey conducted July 22-26, 2010 via KA.
The size of the average American house increased by 230% in the last 50 years, while the number of occupants fell 23%. According to the National Association of Home Builders (NAHB), the average size of a new single-family home declined from 2,521 sf in 2007 to 2,377 sf in 2010. More than one-third of Americans say their ideal home size is less than 2,000 sf.
It is not so much a matter of downsizing as ‘right-sizing,’ according to an article on MSN Real Estate via KA. It means giving up big homes with unused space and buying a home that better fits one's needs.
"The market has spoken – bigger is not always better," the report concluded. Download the full report here.
News categoriesAll News >
ICAA has announced its 2018 travel programming schedule
Glass furniture pioneer Gallotti&Radice comes to Beverly Hills
Bienvenue a Paris! An interior designer's guide to Paris design week
Thompson Traders family hosts designers for Dia de los MuertosSpecial Events | 5:07Thompson Traders family hosts...
Check out the inaugural Holiday House LondonShowhouses | 5:25Check out the inaugural Holiday...
Ann Feldstein and Jennifer Powell TumpowskyPr marketing
Suzanne TronBusiness consultation
Robin Baron and Resource Furniture celebration
Robert Allen and NYSID student competition
The Melding of Artistry, Material and Truth
- Tag Sale
- In Print