Builders John Wieland Homes & Neighborhoods, hit hard by the downturn, is meeting consumer price points by creating compact home designs instead of the 4,700 sq. ft. homes that were their bread and butter.
Square footage isn't the only victim of cutbacks- high-end furnishings and materials are also being reconsidered.
From The Wall St. Journal:
"As they draw up blueprints for the house of the post-recession future, builders are struggling to distinguish among what home buyers need, what they want and what they can live without -- Jacuzzi by Jacuzzi, butler's pantry by butler's pantry."
FULL STORY: Builders Downsize the Dream Home
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McMimpact Fee Proposed
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Opinion: California’s SB 79 Would Improve Housing Affordability and Transit Access
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Record Temperatures Prompt Push for Environmental Justice Bills
Nevada legislators are proposing laws that would mandate heat mitigation measures to protect residents from the impacts of extreme heat.
Downtown Pittsburgh Set to Gain 1,300 New Housing Units
Pittsburgh’s office buildings, many of which date back to the early 20th century, are prime candidates for conversion to housing.
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