1.16.2010

Home Buying Trends in 2010

Smaller in Size, But Big on Amenities

Today’s inventory of homes includes a wide selection of styles, price points that cater to the growing trends of smaller size, but with more amenities.

Current home buyers are searching for homes that reflect their own personal lifestyles. At the same time, they must be a great value with a thoughtful floor plan. High performance and quality matter over quantity.

What Do Most People Want in a New Home?
Open Floor Plans – 1st Floor Masters – Updated Appliances – Granite Countertops – Updated Baths - Cozier – More Organized – More Economical in Terms of Operating Costs

Now, That’s Entertainment!
Basements have become entertainment showplaces, where custom built-in bars, theater areas, exercise rooms and guest suites give friends and family an open invitation to stay for a while. Homes have become a source of entertainment for owners who want to trade in a night on the town for take-out and a movie on the flat screen.

New Home Buyers are Willing to Pay for Energy-Efficiency
According to industry experts, home buyers are becoming more aware of how their home functions and are willing to invest more upfront on products to make their home more energy efficient.

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