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Strategies & Market Trends : Real Estate home/investment -- Ignore unavailable to you. Want to Upgrade?

To: David Jones who wrote (52)	4/16/2001 5:10:48 PM
From: TheStockFairy	Respond to of 73

This was an excellent read---thanks for posting it.

To: David Jones who wrote (52)	4/18/2001 9:22:49 PM
From: David Jones	Read Replies (1) \| Respond to of 73

I found this some what interesting sense a development across the street from one I put together some 14 years ago with 3600 sq ft and three car garages. Is building 1m dollar homes slightly larger but with only two car garages on same size lots. {10k} I've thought from the beginning that their cheesy two car garages were stupid. The city has no recommended garage size other than the minimum. IMO it puts more cars in the street and looks like hell. Srug, in this market most any thing will sell. dave "The Next Decade for Housing" NAHB Study Predicts Larger Homes, Smaller Lots Rising energy costs won’t preclude people building larger homes, according to a recent study from the National Association of Home Builders. The study, "The Next Decade for Housing," predicts the typical new home a decade from now will be 2,200 square feet or larger, up from today’s 2,100 square feet. However, the typical lot size is expected to shrink more than 1,000 square feet from today’s standard. Future home buyers are projected to pay more for energy-efficient heating and cooling systems, high-speed data access capabilities and more flexible interior designs. These updated systems will be a big part of the average sales price of the 2010 home, which is expected to be $70,000 more than today’s average price of $200,000 and $259,000 more than the 1950s home, which cost just $11,000. A decade ago, roughly 36 percent of homes had four bedrooms, up from 25 percent 20 years ago, the NAHB report stated. In addition, only 15 percent of homes had two bathrooms in 1970 while today 50 percent of homes have at least two bathrooms. The NAHB survey also found that people prefer large spaces for cars and projects. More than 25 percent of prospective home buyers want a garage large enough to hold three cars. mbaa.org