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MONDAY, NOVEMBER 15, 2010

Amid housing slump, home sizes shrink

Is the McMansion soon to become a thing of the past?

The median American home size has dropped to 2,100 square feet -- down from 2,300 at the peak of the housing boom in 2007 -- according to a study by Trulia.com, a real estate website. Each year, Builder magazine designs a concept home to reflect the current state of the market.  This year, the "Home for the New Economy" is just 1700 square feet.  In part, the downsizing trend is ......... read entire article http://news.yahoo.com/s/yblog_thelookout/20101115/us_yblog_thelookout/study-amid-housing-slump-home-sizes-shrink

Posted 7:59 PM  View Comments

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