American Dream: The Changing Interests of Homebuyers throughout the Decades
By Zoe Eisenberg
RISMEDIA, Friday, April 08, 2016—
Those immersed in housing trends likely know what makes today's buyers tick: updated kitchens and bathrooms, ample closet space, low-maintenance features, in-home technology. But what excited potential homebuyers a decade ago is vastly different from what interests today's generation of homeowners. This interactive infographic from Fielding Homes dishes out top design and technology trends. Here are a few top takeaways:
1. Homes in the 1950s often had more bathrooms (an average of 2.35) than bedrooms (1.5).
2. Buyers in the 1970s craved appliances in funky colors like avocado and harvest gold.
3. In the 1960s, the average home size was 1,200 square feet.
4. Average home square footage increased by 21 percent in the 1990s compared to the 1980s, but the number of rooms stayed the same.
5. In the '80s, the average number of televisions per household was 1.50, and the average listing price was just over $216,000.
6. In the '90s, the average square feet per home had nearly doubled from the '60s, moving up to 2,080.
7. By 2010, the average television per household jumped up to 2.93—that's just under 3 televisions per house.
8. Today, buyers seek homes with flexible spaces, connectivity between rooms and the outdoors, and opportunities for personalization.
What will the next decade bring us? Experts forecast a heavier emphasis on technology and self-maintaining features.
For more information on how home wants and needs have evolved over the decades, check out this infographic by Fielding Homes.
This post was originally published on RISMedia's blog, Housecall. Check the blog daily for real estate tips and trends.