Between 1950 and 2004, the size of the average American home increased from 983 to 2,349 square feet. Consumers are moving toward smaller houses again, entering a ”right-sizing” trend. Citing multiple earlier reports of a ”McMansion glut” or ”backlash,” and new market research, CNBC writer Cindy Perman says the era of giant houses is ”over.” Case in point: a survey conducted in July 2010 by Harris Interactive for Trulia.com found that just 9 percent of respondents still believe the ideal home should have at least 3,200 square feet.
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