It's about time to make houses smaller to make them affordable for home buyers.
Some home builders are cutting back on square footage, downgrading fixtures or offering fewer luxuries to keep costs down. The hope is to lure not only people on tight budgets, but also baby boomers with grown children and energy-conscious buyers of all ages.
For decades, the average new house size has grown, going from 1,100 square feet in 1950 to 2,500 square feet in 2007, according to the National Association of Home Builders.
The result is visible around the country, with suburbs full of what once would have been considered mansions.
One side effect that will be noticed immediately is reduced energy consumption and costs.
Source: By Ideal Investment Corner