Saying Goodbye to the "McMansion"...

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Real Estate Agent with Surterre Properties

 

The slow economy is influencing home design, says the American Institute of Architects. The Institute's first quarter 2010 Home Design Trends Survey shows that more home owners are favoring smaller spaces that are often cheaper to maintain. There's also an increased demand for flexible informal layouts. They're continuing to move away from the "McMansion" chapter of residential design with more demand for practicality throughout the home. With that, there has been a drop off in upscale property enhancements such as formal landscaping, decorative water features and gazebos for example. The report also adds that business is finally improving at residential architecture firms, with quarterly billings increasing for the first time since mid 2007.

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Michael Caruso, Broker ABR ABRM CRB CRS GREEN GRI

2007 President, Orange County Association of Realtors (949) 753-7900

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Michael Caruso, Broker Associate ABR ABRM CLHMS CRB CRS GREEN GRI

Surterre Properties

Past President, Orange County Association of Realtors (949) 495-8600

 

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Rainmaker
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Vickie Nagy
Broker for San Ramon, Danville, Dublin, Pleasanton
Vickie Nagy, Broker Associate Realty ONE Group BMC Associates | BRE#01363932

We're seeing an increased interest in proximity to shops, schools, parks, theater (high walk scores) as well.

September 16, 2010 02:04 PM
Rainer
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Clark Cook
Marketing Homes For Sale In Fayetteville NC Area
1st Choice Realty of Fayetteville, LLC

Well Michael, it looks like you may just have to move more units. Best wishes!

September 16, 2010 02:07 PM
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Michael A. Caruso

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