a:29:{s:9:"weblog_id";s:1:"2";s:8:"entry_id";s:3:"125";s:6:"sticky";s:1:"n";s:14:"allow_comments";s:1:"n";s:16:"allow_trackbacks";s:1:"n";s:10:"entry_date";s:19:"2008-06-11 06:09 AM";s:15:"expiration_date";s:0:"";s:23:"comment_expiration_date";s:0:"";s:8:"category";a:1:{i:0;s:2:"15";}s:9:"author_id";s:1:"2";s:10:"new_weblog";s:1:"2";s:6:"status";s:4:"open";s:14:"trackback_urls";s:0:"";s:18:"versioning_enabled";s:1:"y";s:5:"title";s:27:"Honey They Shrank the House";s:9:"url_title";s:27:"honey_they_shrank_the_house";s:6:"submit";s:6:"Update";s:10:"field_id_5";s:52:"\"Honey,  They Shrank the House,\" Architects Report";s:10:"field_ft_5";s:4:"none";s:10:"field_id_9";s:216:"As the housing market woes deepen, inflation affects the overall economy and utility costs continue to escalate, the
size of the typical U.S. home is declining, the American Institute of Architects reported Tuesday. ";s:10:"field_ft_9";s:4:"none";s:11:"field_id_13";s:0:"";s:10:"field_id_7";s:20:"AIA, Housing, Survey";s:10:"field_ft_7";s:4:"none";s:10:"field_id_8";s:4130:"<p>As the housing market woes deepen, inflation affects the overall economy and utility costs continue to escalate, the<br />size of the typical U.S. home is declining, a survey by the American Institute of Architects reported Tuesday.</p>
<p>&nbsp;<img alt=\"Shrinking House\" class=\"image-left\" height=\"303\" src=\"/images/uploads/house.jpg\" style=\"float: left;\" width=\"266\" />To address the needs of an aging population there is an emphasis on greater accessibility throughout the home. To add value and improve<br />their properties, homeowners are also investing in more outdoor living options with a trend toward lowmaintenance<br />landscaping. Additionally, residential architects report depressed business conditions, albeit<br />with healthier conditions for remodeling and renovation projects.</p>
<p>These findings from the American Institute of Architects (AIA) Home Design Trends Survey focus specifically on overall home layout and<br />use in the first quarter of 2008.<br /><br />&ldquo;The recent weakness in the housing market forces households to be more sensitive to housing affordability concerns. Coupled with rising home energy costs, this encourages many to rethink their overall space needs,&rdquo; said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. &ldquo;While smaller homes<br />may be a short-term response to economic conditions, there are signs that we may be at the beginning of<br />a longer cycle where house sizes stabilize or even decline.&rdquo;</p>
<p>Overall home layout and size highlights<br />Residential elements (% of respondents that reported increases) 2008/2007<br />&bull; Greater accessibility 67%/74%<br />&bull; Informal space 61%/63%<br />&bull; Access in / out of home 59%/n/a<br />&bull; Open space layout 53%/51%<br />&bull; Finished basement / attic 46%/46%<br />&bull; Single-floor plan 40%/43%<br />&bull; Volume 28%/31%<br />&bull; Square footage 16%/21%<br />&bull; Lot size 7%/7%</p>
<p><br />&ldquo;Outdoor living elements continue to be extremely popular and include traditional features such as<br />decks, porches and patios, with the addition of outdoor &ldquo;rooms&rdquo; and cooking areas as a more recent<br />trend,&rdquo; added Baker. &ldquo;Lately, data shows a preference towards extending the home through blended<br />indoor / outdoor space.&rdquo;</p>
<p>&ldquo;There is still some interest in upscale landscaping elements, but there is also growing demand for lowmaintenance<br />landscaping options due to water conservation issues.&rdquo;<br />Outdoor living and landscaping highlights 2008/2007<br />&bull; Low maintenance landscaping 70%/n/a<br />&bull; Outdoor living space 67%/63%<br />&bull; Blended indoor / outdoor living 55%/54%<br />&bull; Upscale landscaping 42%/51%<br />&bull; Exterior / security lighting 39%/n/a<br />Housing market business condition</p>
<p>AIA Home Design Survey Index for Q1 2008 (any score above 50 is positive)<br />&bull; Billings: 39<br />&bull; Inquiries for new projects: 42</p>
<p>Baker continued, &ldquo;With weak billings, inquiries for new projects and project backlogs, evidence suggests<br />that the conditions in the residential market are not poised to improve anytime soon.&rdquo;<br />Specific residential segments (index score computed as % of respondents reporting improving minus %<br />weakening conditions)</p>
<p><br />&bull; Additions / alterations: 31<br />&bull; Kitchen and bath remodeling: 25<br />&bull; Custom / luxury home market: -21<br />&bull; Townhouse / condo market: -34<br />&bull; Second / vacation home market: -50<br />&bull; Move-up home market: -51<br />&bull; First-time buyer / affordable home market: -59</p>
<p><br />The AIA Home Design Trend Survey is conducted quarterly with a panel of 500 architecture firms that<br />concentrate their practice in the residential sector. Residential architects are design leaders in shaping<br />how homes function, look, and integrate into communities and this survey helps to identify emerging<br />trends in the housing marketplace. Business conditions are also monitored on a quarterly basis.&nbsp;</p>
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