|Continued homeowner interest in eco-friendly features and building materials|
|Tuesday, 31 March 2009 08:27|
As the housing market continues to suffer, demand is declining for upscale products and features for kitchens and bathrooms. There is also a greater emphasis on accessibility and universal design to make home life easier and safer for an aging population. Renewable materials and products that promote energy efficiency are still growing in popularity.
“Because of concerns over affordability and re-sale value, it’s not surprising that there has been a sharp decline in demand for high-end kitchen and bath products,” said AIA Chief Economist Kermit Baker, PhD, Hon. AIA. “However, some products and features remain in high demand. Despite the difficult economic conditions, homeowners are extremely interested in renewable flooring and countertops, energy-efficient and water saving products, as well as having a dedicated recycling center.”
|Last Updated on Tuesday, 31 March 2009 08:30|
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