NBN Online for the week of May 16, 2005

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
Builders Seek Timely OSHA Citations and Other Reforms
Will You Be the Next Winner of a Digital Camera?
New Southern Nevada Homes Embrace Water Conservation
Coast to Coast
Developer Tactics to Avoid Housing Bust
Economics & Finance
Home Buyers Opt for Upscale Smaller Homes
Builder Confidence on Home Sales Holding Strong
Business Management
What Do You Need From Your Estimating Software?
Seniors Housing
A Holistic Approach to Wellness for CCRCs
Remodelers
Little Consolidation Seen in Remodeling Industry
Ohio Remodeler Named Remodelor™ of the Month
Education
Education Calendar
Environment
New Roadless Rule Lets States Choose Forest Protection
Career Staffer New EPA Administrator
Building Quality
Pulte, KB Home Divisions Earn Quality Certification
Deadline for Housing Quality Award Application Nears
Workforce housing
2006 Workforce Housing Awards Open
Workers Make Hard Choices to Pay for Housing
Housing Costs Get Tougher Still for Working Families
International
ICC to Guide Mexican Codes and Standards Update
Labor
Student Chapter Opens at Acosta Job Corps Center
Building Products
Custom Sell Sheets Present Door Glass Upgrades
Builder's Engineer
Good Lawyer — Bad Lawyer
TV
NAHB-Produced Shows on HGTV & DIY — This Week
Endowment
Research Center Seeks Land Development Expert
Association News
Customize Your Computer’s Cursor With the NBN ‘Hammer’
Tsunami Relief at Almost $350,000
GM Discount Available on More Than 80 Vehicles
Calendar of Events

Related Articles

Builder Confidence on Home Sales Holding Strong

Home Buyers Opt for Upscale Smaller Homes

Given the choice of more space or higher quality features, new home buyers are overwhelmingly opting for the latter, according to the latest survey data from NAHB.

When asked to choose between a bigger house with fewer amenities or a smaller house with high-quality products and amenities, 63% of the home owners surveyed by NAHB favored downsizing to the home with the bells and whistles. To pay for the residential accoutrements of upscale living, 57% said that they preferred having them included in the base price of the home; 43% wanted them to be offered as options at extra cost.

“One particular consumer trend stands out: While homes do not appear to be getting bigger, they are definitely getting better. There is a marked increase in quality, with updated features and amenities,” said Jerry Howard, executive vice president and CEO of NAHB.

The households who were surveyed indicated enthusiasm for just about every upscale feature available, Howard said, but made more realistic decisions when they were asked to choose from among alternatives.

Among several other observations on what people desire in their new homes:

  • The top kitchen features home owners want are a walk-in pantry (84%), island work area (77%), special-use storage (62%) and built-in microwave (62%).
  • Thirty-seven percent said they wanted their kitchens visually open to the family room, with a half wall; 34% want the wall to come down, leaving the two rooms completely open.
  • At the top of the list of most-sought-after bathroom features were a linen closet (91%), exhaust fan (88%) and separate shower enclosure (78%).
  • Nine-feet is now the standard height in ceilings, up from 8 feet previously. “Consumers say it provides more openness, more light and makes the home feel bigger,” said Howard.
  • Younger households prefer their washer and dryer to be located near the bedroom; older households prefer them near the kitchen.
  • Brick was preferred by 44%of respondents as the front exterior wall material for their homes.
  • Asked to choose between more space in the master bedroom and less in the master bath or the opposite, 69% chose more bedroom space. “Some of the master baths have been getting bigger than the bedrooms themselves,” Howard said.


After growing steadily since 1970, the average size of a new home has leveled off over the past three years and stood at 2,340 square feet last year. This is close to the 2,426 square feet that home owners said they would like to have, according to Howard.

Looking at trends for the next five years, he predicted growing popularity for low-maintenance, natural materials; synthetic stucco; energy efficiency; and security on the outside of the home.

Inside, the popularity of open space, quality features, technology and special purpose rooms is on the upswing.

An emerging trend in the higher end market is the advent of a “flex” or “bonus” room situated above three-car garages.

“These rooms can be more than 1,000 square feet and include a full-bath. We are finding that home owners are using them for a variety of purposes — as an in-law suite, a guest room, home office or media room,” said Howard.



Give Your Customers What They Want

What 21st Century Home Buyers Want,” available through BuilderBooks.com, offers insight into features that today’s home buyers want. It examines the design features, products, amenities and layouts that buyers would want in their new homes. To view or purchase this publication online, click here, or call 800-223-2665.



Subscribe Your Employees to Nation’s Building News — and Earn a Chance to Win Digital Camera

Subscribe your employees to Nation’s Building News Online. It’s free, easy and NAHB members who sign up three or more employees will be entered into the "Make Your Business Click" contest to win a digital camera. To learn more or sign up your employees, click here.



Make Your Connection With
www.nahb.org

Make your connection to the latest housing industry news and information with www.nahb.org — the official public and members-only Web site of NAHB. 

Log in today to register for educational seminars, meetings and networking events; find important economic and housing data; and learn the latest developments in NAHB’s efforts to promote housing. It’s all available 24 hours a day at www.nahb.org. Just click the "Log In" button to get started.

Once you log in, personalize the site to reflect your interests. Simply go to the My NAHB>My Profile page and click the “Edit Content Preferences” link. To learn more about how you can customize My NAHB — including how to customize the links that appear on the Home page ― visit the How to Use www.nahb.org section.


 

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