The "Home Design Trends Survey" released by the American Institute of Architects found that the collapse of the U.S. housing market has resulted in smaller home and lot sizes, which showed signs of improvement in 2011.
AIA's survey focused on overall home layout and use in the first quarter of 2011. The survey found that the number of respondents who reported decreasing home sizes in 2011 dropped from 60 percent in 2010 to 52 percent in 2011, while 5 percent surveyed in 2011 said home sizes were increasing. Respondents indicating a decline in lot size fell 10 percent from 2010 to 2011, from 32 percent to 22 percent.
“Overall home and lots sizes showing signs of increasing slightly indicates that the housing market is stabilizing after being in a downward spiral since 2007,” said AIA chief economist, Kermit Baker, PhD. “But consistent with the last several years, there remains a preference for open space layout allowing for more flexibility and less interest in formal spaces and rooms.”
According to AIA, the report's results indicate that the pace of decline in home sizes has slowed in the housing market. Residential architects reported similar trends for the volume of homes, as the percentage of respondents reporting declines fell from 21 percent in 2010 to 18 percent in 2011. AIA says it is unlikely that home sizes and volumes will achieve any significant gains until home prices begin to pick up.
Findings from AIA's "Home Design Trends Survey" are available online.
Millwork producer manages its projects effectively to serve its customers and manage its own resources.
Optimism in the retail market leads to large-scale expansion for store fixture and millwork producer.
Longtime Milwaukee millwork producer does major medical projects, upscale restaurants to offset slower markets.
Sales for the FDM 300 group of companies fell 10.7 percent in 2008.
This year's NeoCon was an affirming experience.
A stronger housing market would have a strong impact on the overall economy.
Integrated system provides immediate real-time production and financial reports.
This report focuses on current trends in kitchen
construction, design and finishes based on surveys at leading
More and more cabinets are being made in China.
--- Thank you for your patience ----
If you have any issues logging in or any other need feel free to contact us.