Homes Sizes and Lots Continue to Decrease with Growing Preference for Low Maintenance Property Improvements

Washington, D.C. – June 21, 2010 – (RealEstateRama) — The prolonged economic downturn in the housing market, coupled with growing concerns about rising utility costs has resulted in greater interest in smaller homes and lot sizes. There have also been some broader lifestyle changes with U.S. households eschewing upscale amenities, opting instead to invest in more low maintenance projects, particularly for property improvements. Accessibility within the home continues to be a concern, especially for an aging population, and there is an increasing demand for more flexible design and informal space within homes. Business conditions for residential architects are beginning to indicate improving conditions with the first quarterly increase in billings since mid-2007. These findings are from the American Institute of Architects (AIA) Home Design Trends Survey that focused specifically on overall home layout and use in the first quarter of 2010


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For over 150 years, members of the American Institute of Architects (AIA) have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. By using sustainable design practices, materials, and techniques, AIA architects are uniquely poised to provide the leadership and guidance needed to provide solutions to address climate change. AIA architects walk the walk on sustainable design. Visit www.aia.org/walkthewalk.

Contact:

Scott Frank
Phone: 202-626-7467

The American Institute of Architects
1735 New York Ave., NW
Washington, DC 20006-5292

Phone: 800-AIA-3837 or 202-626-7300
Fax: 202-626-7547

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