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Buying or Selling A Home - How American Homes Are Changing

Reblogger
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

AMERICAN HOMES ARE INDEED LARGER ON AVERAGE THAN 35 YEARS AGO.

However, don't forget that homes are better insulated, often offer factory constructed components and effecient heating and cooling that wasn't available in the home built in America in the 50s, 60, or even 70s.

.New construction

Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.

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Original content by Anthony Stokes-Pereira

HUD's annual snapshot of American housing is an important tool for researchers to learn about housing stock and households, but it also reveals a lot about housing culture.

The 2009 American Housing Survey (AHS) shows, that despite two recessions in a decade, Americans are living larger than they were 37 years ago. Homes today have more square footage, bedrooms, bathrooms, air conditioning and other amenities, but smaller lot sizes than previous generations. The differences burgeon in newer homes built after 2007.

Interestingly, the median age of ‘the American home’ is 36 years, built in 1973, the same year the AHS began. Here are a few findings:

• Sixty-eight percent of U.S. homes are owner-occupied. Twenty-nine percent of homes are urban, 51% are suburban, and 20% are rural.

• The median size of an occupied home is 1,800 square feet, compared to 1,610 in 1985, (the earliest year this information was collected, says HUD). Owner-occupied homes tend to be larger than renter-occupied homes.

• Median lot size for single-family homes is 0.27 acres, compared to .36 acres in 1973.

• Most homes (53 percent) in 2009 boast six or more rooms. In 1973, only 39 percent of homes had that many.

• Less than half of homes (48%) had three or more bedrooms in 1973, but by 2009, 64% did.
Only 19% of homes had two or more bathrooms in 1973, while more than half of homes (51%) have them in 2009.

• Window unit air-conditioners were more popular in 1973 (30%) compared to 17% of homes with central heat and air. In 2009, 65% of U.S. homes have central air-conditioning and another 21 percent have window units.

• Newer homes (post-2007) are a median of 2,300 square feet with six or more rooms ( 65%.) Eighty percent have three or more bedrooms, and 89% have two or more bathrooms. Newer homes are also more likely to have amenities such as garage, fireplace, two or more living areas and a separate dining room.

                             

Anthony Stokes Pereira (845) 624-8100 Ext. 188

Better Homes and Gardens Rand Realty

I can help you with every aspect of buying or selling your home because I'm experienced, because I am a Better Homes and Gardens Rand Realty Real Estate Professional . . . and because I care.

As your Better Homes and Gardens Rand Realty Sales Professional, I will provide you with the information you need to make an educated decision.

The relationship between a home buyer or seller and their agent is based on trust, shared goals and understanding. I strive to continually improve and to do this I listen and take the needs and wants into consideration.

For assistance with any of your real estate needs, please contact me, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation- just a friendly conversation. I would welcome the opportunity to make a difference for you.

Anthony Stokes Pereira

Office: (845) 624-8100 Ext:168

Cell: (845) 538-7021

Fax: (845) 624-7137

anthony.stokespereira@randrealty.com

www.anthonystokespereira.com

 

Better Homes and Gardens Real Estate - Rand Realty, founded in 1984, is the No. 1 real estate brokerage in the Greater Hudson Valley with 25 offices serving Westchester, Rockland, Orange, Putnam and Dutchess counties. Rand has more than 800 sales associates, as well as a commercial real estate company (Rand Commercial Services), mortgage company (Rand Mortgage), title company (Hudson Abstract Services) and insurance agency (The Hudson Group Insurance Agency). The company’s Web sites are: randrealty.com, randcommercial.com, randmortgage.com, www.hudsonabstract.com and www.hudson-group.com. Rand Realty is also on Facebook and Twitter. Anthony Stokes Pereira web site www.anthonystokespereira.com . Information deemed reliable but not guaranteed.

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Comments (6)

Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Very interesting info and statistics. Thanks for sharing them. I would also add that newer homes also have roofs, furnaces, plumbing and electrical systems that are more efficient, safe and last longer than in previous decades. With newer homes it's more about maintenance rather than repair (at least for the most part and for a while). Can you tell I'm a big fan of new homes?

Gretchen

Jan 07, 2012 12:41 PM
Alan Grizzle
Chestatee Real Estate - Dahlonega, GA
Full Time Realtor, Lifelong Resident of Dahlonega

Very interesting.

Jan 07, 2012 01:01 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
RealtorĀ®, Springfield Mo Real Estate

Good information to know.  I'm seeing many homeowners sizing down these days instead of buying larger homes.  They are more conscious of utility bills, home owners dues and distance to work.

Jan 07, 2012 01:02 PM
Peter Pfann @ eXp Realty Pfanntastic Properties in Victoria, Since 1986.
eXp Realty, Victoria BC www.pfanntastic.com - Victoria, BC
Talk To or Text Peter 250-213-9490

HI Lenn,

Interesting stuff, I bet you that in 20 years, the figures will be totally different again, as we are all getting older we are likely to see more families sharing homes (as they do in so many other parts of the world....

Jan 07, 2012 01:29 PM
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

I wonder if this trend is due to demand from buyers - or if it's what builders want to build?

I have some copywriting clients in Western Washington State who build "cottage" style homes ranging in size from 300 to 900 s.f. So far they've sold more than 20 such homes.

Our expectations today compared to the 50's and 60's are really amazing. When I got into real estate and became acquainted with the homes in our small town, I learned that many of the people I knew in school had grown up in 900 s.f. 2 bedroom 1 bath homes - and some of them had 3 or 4 brothers and sisters.

Nobody expected that each child should have his or her own room - let alone a TV and phone in that room.

Jan 07, 2012 06:33 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Gretchen and Mel.  BINGO!!  The manufacturing advances permit larger homes that provide better energy efficiency.

Alan.  Thanks.

Kay.  Sadly, if they go to much older homes, the energy savings may not exist.

Peter and Linda.  I don't know.  More regulation of our lives and property may interfere with sharing homes.

Marte.  Today, folks who don't want today's home sizes rent apartments.

Jan 07, 2012 10:02 PM