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Efficiency Matters to Today’s Buyers

April 22, 2013

The housing downturn has changed the way buyers look at homes. Post-recession homebuyers aren’t wishing for bigger lots, multiple master bedrooms or exclusive living rooms anymore. Instead, they want to spend their money on energy-efficient features, open floor plans and smart storage.

A new survey by the National Association of Home Builders released in March examines what homeowners absolutely want in their homes and what they are willing to forego in light of the current economic realities. The survey findings are expected to shape the way homes are built in the future.

“Before the recession, there was an increase demand for dual master bedrooms,” says Stephen Melman, a director at NAHB.

“People are now more concerned about high-quality design and how to run a household more efficiently. They are not willing to spend money on extra space if they don’t need it.”

Click to find out the factors that are most important to homebuyers now.

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