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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: McMansion

McMansion stories: 5 news summaries

Exurbs, Once Meccas for Homeowners, Now for Rent

Economy trumps plans for thriving communities

Mar 31, 09 12:48 PM CDT
(Newser) - Not long ago, the exurbs were were among the fastest-growing parts of the country, drawing people seeking to own affordable homes on sizable pieces of property. But after waves of foreclosures and soaring unemployment, more and more people are turning to renting. Renting keeps landlords afloat, but it also drives... More »

MORE ABOUT:
housing market • rentals • homeownership • exurbs • McMansion

McMansions, Like Everything Else, Are Shrinking

Average home size declines in what analysts call 'right-sizing'

Jan 27, 09 11:14 AM CST
(Newser) - Confirming what industry professionals have long suspected, builders and buyers alike are foregoing super-sized “McMansions” for smaller, more economical homes, the Wall Street Journal reports. The average home started in 2008’s third quarter was 2,438 square feet, down from 2,629 in the second quarter. The median... More »

MORE ABOUT:
housing market • housing • housing crisis • new housing starts • McMansion • financial crisis





 McMansion Era 
 May Be Over 

Strapped Americans now prefer cozier homes

Jan 6, 09 5:33 PM CST
(Newser) - As strapped Americans develop a conscience and, er, sense of taste about living, the practice of razing existing homes to make way for super-size replacements is slowing, reports the Christian Science Monitor. Languid McMansion sales have brought quiet back to historic neighborhoods, drowned out for years by bulldozers and upset... More »

MORE ABOUT:
housing • urban revitalization • housing crisis • preservation • McMansion • urban development • neighborhood

OPINION

Mortgage Crisis? Blame George Bailey

It's A Wonderful Life hero helped poor buy unaffordable homes

Oct 12, 08 1:26 PM CDT
(Newser) - The housing bubble that triggered the current economic crisis began with a post-Depression attitude toward owning a home presented in the classic Christmas flick It’s a Wonderful Life, writes Ross Douthat in the Washington Post. Hero banker George Bailey’s chief goal was to loan the poor enough money... More »

MORE ABOUT:
FDR • homeownership • public housing • housing bubble • suburban sprawl • suburbs • Great Depression • McMansion • financial crisis

 Slump Stings Vegas 
 McMansion Owners 

Curious aspect of swelling home inventories: unsold palaces

Apr 8, 08 2:13 PM CDT
(Newser) - The housing crisis has caused the number of homes for sale across the country to grow, but in Las Vegas, brokers are dealing with an unusual aspect of swelling inventory—an excess of $1 million-plus listings. Although they're luxury properties with pools and excesses of polished marble, those constructed more... More »

MORE ABOUT:
real estate • housing market • Las Vegas • Nevada • housing crisis • inventory growth • luxury homes • McMansion

5 Stories


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