McClatchy DC Logo

McMansion era fades as home buyers think smaller | McClatchy Washington Bureau

×
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

Economy

McMansion era fades as home buyers think smaller

Steve Campbell - Fort Worth Star-Telegram

    ORDER REPRINT →

July 20, 2009 10:06 PM

They had the land and the plan ready for a 3,000-square-foot retirement home.

But sticker shock and a sour economy spurred Lee and Donna McCollough to downsize their dream into a 336-square-foot "country cabin."

"It was mostly an economic move. But it's serving our lifestyle very well," said Lee McCollough of their home near Schulenburg in South Texas.

Built from vintage salvage materials by Tiny Texas Houses of Luling, McCollough said the "turnkey package" cost $70,000. "It’s great," said the 62-year-old retired electrical technician. "People are impressed with the construction and coziness of it. It’s built like an Igloo ice chest."

SIGN UP

Tiny home proponents call it "super downsizing," but that's just the extreme edge of a growing movement away from suburban castles and into "right-sized" homes that require less energy, upkeep and money, experts say.

"The era of the 'McMansion' could well be over as home sizes have been trending downward recently, with a significantly higher number of architects reporting demand for smaller homes this year," Kermit Baker, chief economist for the American Institute of Architects, said in a news release.

In a June survey by the National Association of Home Builders, 59 percent of respondents said they are building smaller homes, said Stephen Melman, the group's director of economic services.

As the economy sank in 2008, new homes started shrinking, Melman said. Census data showed the average new home declined from 2,600 square feet in the second quarter of 2008 to 2,373 square feet in the third quarter, he said.

"This isn't the worst thing in the world," Melman said. "People are buying the home they need. . . . Energy costs are up and people are interested in cutting costs."

Read more at Star-Telegram.com

Related stories from McClatchy DC

politics-government

Obama expands program to aid borrowers who're 'underwater'

July 01, 2009 06:03 PM

national

Housing is bad enough, but wait — it'll get worse

November 23, 2008 06:00 AM

economy

Rising inventory of troubled homes could spark more foreclosures

May 25, 2009 07:15 AM

economy

Pressure grows to stimulate housing alongside foreclosure relief

May 18, 2009 06:14 PM

economy

Treasury rolls out relief for more homeowners facing foreclosure

May 14, 2009 04:25 PM

economy

Minority mortgage loans rejected twice as often as whites

July 13, 2009 07:26 AM

  Comments  

Videos

Trump says he could use executive power on border wall

A historic day for women as 116th Congress is sworn in

View More Video

Trending Stories

Justice declines to pursue allegations that CIA monitored Senate Intel staff

July 10, 2014 12:02 PM

RIP Medical Debt donation page

November 05, 2018 05:11 PM

5 reasons farmers grow thirsty crops in dry climates

July 24, 2015 11:50 AM

Trump officials exaggerate terrorist threat on southern border in tense briefing

January 04, 2019 05:29 PM

Cell signal puts Cohen outside Prague around time of purported Russian meeting

December 27, 2018 10:36 AM

Read Next

Are Muslim-owned accounts being singled out by big banks ?
Video media Created with Sketch.

Policy

Are Muslim-owned accounts being singled out by big banks ?

By Kevin G. Hall and

Rob Wile

    ORDER REPRINT →

December 17, 2018 07:00 AM

Despite outcry several years ago, U.S. banks are back in the spotlight as more Muslim customers say they’ve had accounts frozen and/or closed with no explanation given. Is it discrimination or bank prudence?

KEEP READING

MORE ECONOMY

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

National

The lights are back on, but after $3.2B will Puerto Rico’s grid survive another storm?

September 20, 2018 07:00 AM
Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

Investigations

Title-pawn shops ‘keep poor people poor.’ Who’s protecting Georgians from debt traps?

September 20, 2018 12:05 PM

Agriculture

Citrus disease could kill California industry if Congress slows research, growers warn

September 11, 2018 03:01 AM

Politics & Government

The GOP’s new attack: Democrats wants to ‘end’ Medicare

September 07, 2018 05:00 AM
KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

Economy

KS congressman: Farmers are ‘such great patriots’ they’ll ride out Trump trade woes

August 30, 2018 02:17 PM
Democrats’ fall strategy: Stop talking Trump

Midterms

Democrats’ fall strategy: Stop talking Trump

August 24, 2018 05:00 AM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

Icon for mobile apps

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service


Back to Story