Monday, November 17, 2008

From McMansions to modest - The Denver Post

From McMansions to modest - The Denver Post: "According to Hanley Wood Market Intelligence, a market-research and analysis firm for residential real-estate development and new-home construction, the median square footage and median sales price for homes dropped from 2,000 square feet for $314,900 in the first quarter of 2008 to 1,876 square feet for $306,950 in the third quarter."
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Homes got 124 square feet smaller so far this year. Another couple of years and we'll all be living in phone booths.

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