The factors that make homes attractive to buyers have changed considerably since the market crash, says Builder Magazine, which features three homes that exemplify the new realities of the market.
The first home profiled is from Toll Brothers, who struggled with keeping a luxury home style at a lower price point. Their solution was to eliminate walls to create the sense of space and size within a slightly smaller footprint.
Other projects in Los Angeles and Tampa are highlighted, and much of the conclusion seems to be that developers sell homes in today's market by targeting younger, first-time homebuyers. That includes "new 'youthful' signage and marketing materials to promote the community, eschewing newspaper advertising."
FULL STORY: Less for Success
Wave of Household Growth Likely Cresting, Relieving Crowded Housing Markets
A recent series of data on the growth of households in the United States reveals the unprecedented scale of housing demand in recent years.
Has the Millennial Housing Boom Only Just Begun?
The largest, most diverse generation in U.S. history has experienced setbacks, but many are now moving past student debt and the effects of the Great Recession into their prime buying years.
Study Finds Seniors Could Be Stuck with Unsellable Homes in the Future
A new paper predicts that home-buying trends among younger generations will lead to a flood of homes that older homeowners will not be able to sell.
Trump Administration Could Effectively End Housing Voucher Program
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
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Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.
Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.
LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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