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Builder News & Trends

New Homes in 2015 Will Be Smaller, Greener
According to the National Association of Home Builders (NAHB), the recent housing downturn has changed what Americans are looking for in their next home. The “New Home in 2015 Survey,” sent electronically to 3,019 industry professionals, showed that 74 percent of builders expect that single-family homes will get smaller. The survey predicts a 10 percent decrease in average home size down to 2,152 square feet. Of the professionals surveyed, 68 percent of the builders also expect new homes in 2015 to include more green features and technology, including engineered wood beams, joists or trusses.

2011 Green Building Trends
The Earth Advantage Institute, a nonprofit that works with the building industry to help implement sustainable building practices, recently released a list of ten green building trends for 2011. The trends included an increase in affordable green homes, with some LEED® and ENERGY STAR® certified homes built for as little as $100,000, as well as the use of home energy reduction reward programs. The institute also expects an increase in small commercial construction green certification and the construction of energy-saving accessory dwelling units (ADUs.) The trends are based on discussions with audiences in a number of sectors, including builders, developers, architects, policymakers, and homeowners. Visit www.earthadvantage.org to read the full list.

Younger Homebuyers Will Lead Housing Market Recovery
Adults ages 31 to 45 are likely to lead the homebuying recovery, according to an educational webinar produced by Builder magazine and the NAHB. These potential homebuyers represent 32 percent of the homebuying population, generally defined as those who are at least 30 years old. Between 85 and 89 percent of potential buyers surveyed for the webinar said they thought now was a good time to buy a home. Seventy percent said they were willing to pay $5,000 more for a green home, but these buyers expect new homes to already have many green technology features.

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