Tehama Country Real Estate

Tehama Country Real Estate – 3 Home features that are disappearing impact that the recession has had on the real estate industry. For the last several years, the real estate market went from booming to one characterized by homes sitting on the market for months on end. New home sales also have been conserva- tive, and builders are cutting back on some offerings that were once commonplace. T The National Association for Realtors says that, despite flounder- ing sales, there are fewer fore- closed homes available now than in recent years. Distressed homes -- foreclo- sures and short sales sold at deep discounts -- accounted for 25 percent of homes sales in May of 2012. That figure is down from 28 percent in April and 31 percent in May of 2011. While home sales have increased, money is still tight in the building industry and among home buyers. As such, instead of over-the-top features in homes that were once becoming the norm, builders are now focusing on more value-conscious designs and offerings. The list of add-ons also has been reduced. So what can buyers expect to live without when buying a newly constructed home? Here are a few of the common features that are falling by the wayside. * Sunrooms: Although the "bring-the- outside-in" movement was once strong, builders are now focusing on home fea- tures that immediately add value and attract the eye of buyers. Therefore, they're putting their resources into linen closets and laundry rooms while de-emphasizing sunrooms. * Extended ceiling heights: It can take a lot of energy to heat rooms with 15-foot ceilings. As a result, grandiose family here is no denying the profound rooms and two-story foyers are less attrac- tive to buyers focused on saving money. Homeowners want spaces that are easier to heat and cool. * Luxury bathrooms: Many private resi- dence luxury bathrooms rival those found at popular 4-star hotels. But luxury bath- rooms are being phased out in favor of less expensive, more practical options. * Outdoor kitchens: Although entertaining at home is one way to keep budgets in check, some homeowners have realized they don't need a complete backyar d kitchen with a pizza oven and brick fireplace in order to host guests. According to a survey from the National Association of Home Builders, outdoor kitchens are the second least-like- ly feature to be included in homes built in 2012. * Media rooms: Individuals certainly love their gadgets, but many of these gad- gets have become smaller and more portable. That reduces the need for giant home theaters and gaming spaces. While certain features are disappearing, there are others that are growing more and more popular. Dual sinks in kitchens, walk-in closets, extra storage areas, and hidden charging stations for devices are likely to show up more and more in new home designs. The design of new homes is changing to be more budget-friendly and also repre- sent the changing priorities of home buy- ers. As a result, today's newly designed homes will likely look much different from homes built just a few years ago.

• Cover