Too many Big Homes?

TOO MANY BIG HOMES?

Will Big Homes Be Difficult To Sell In The Future?

Surprising no one, the U.S. Census department has found that new homes today are "substantially larger and packed with more amenities than their predecessors of 30 years ago."

Despite the reluctance to think small, the National Association of HomeBuilders predicts that the average new home in 2010 will be 2200 square feet, not the record-breaking 2,434 square feet of 2005.

In 2005, the average floor area in a new home reached an all-time high of 2,434 square feet -- up from an average 2,349 square feet in 2004 and just 1,645 square feet in 1975. The Northeast had the largest average new-home size for any region last year, at 2,556 square feet. New homes in the Midwest had the smallest square footage, with an average of 2,310 square feet.

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http://realtytimes.com/rtapages/20060619_downsizinghomes.htm