Home Building Is Beginning to Come Alive
January 21, 2013
While those of us who are agents in the resale real estate market do not generally sell the new construction, having more inventory would be a help in getting folks interested in purchasing a home. For the past few months I have been telling the home builders that I know that we need them to build new homes. Most of the time I received a rather tepid response. However, the past week, one builder acquaintance admitted that he was working on plans.
As home builders make plans for the type of home that they will construct, it will be interesting to see the design and the amenities that are included. Over the decades, housing styles have changed. In the 1940s and 1950s, and even in the early 1960s, builders mostly built single story ranch homes. As land became costlier, their plans were predominantly two story homes. In the 1980s and 1990s the size of homes increased, the size of the lots decreased and the majority of new construction was two story homes. These two story homes in the early 2000s were often constructed as a unit in a planned unit development with homeowner associations managing common areas such as pools, parks, etc.
Will this trend continue?
As the population ages, the demand for single story homes has been increasing. Will home builders recognize this demographic trend and design homes sand projects that fit the needs of this older population?
At the moment, we are just thankful that the construction industry shows signs of reviving.
While those of us who are agents in the resale real estate market do not generally sell the new construction, having more inventory would be a help in getting folks interested in purchasing a home. For the past few months I have been telling the home builders that I know that we need them to build new homes. Most of the time I received a rather tepid response. However, the past week, one builder acquaintance admitted that he was working on plans.
As home builders make plans for the type of home that they will construct, it will be interesting to see the design and the amenities that are included. Over the decades, housing styles have changed. In the 1940s and 1950s, and even in the early 1960s, builders mostly built single story ranch homes. As land became costlier, their plans were predominantly two story homes. In the 1980s and 1990s the size of homes increased, the size of the lots decreased and the majority of new construction was two story homes. These two story homes in the early 2000s were often constructed as a unit in a planned unit development with homeowner associations managing common areas such as pools, parks, etc.
Will this trend continue?
As the population ages, the demand for single story homes has been increasing. Will home builders recognize this demographic trend and design homes sand projects that fit the needs of this older population?
At the moment, we are just thankful that the construction industry shows signs of reviving.
posted by shirley harry at 8:09 AM
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