Builders are stripping out features that they believe consumers don’t fully appreciate. Our DesignLens database and New Home Trends Institute surveys have identified a significant one: stripping costs out of the house exterior.
20 members of our New Home Trends Institute’s Build-to-Rent council recently gathered to give the industry some missing clarity and consistency in terminology. The goal was to align on the terms that will:
For those builders and developers who are worried about lower home sale and rental revenues if there is a recession next year: take solace that there will be some cost relief too.
In response to many requests, we found 3 actively selling or recently sold out projects we photographed and analyzed in our New Home Trends Institute’s DesignLens™ database where builders stripped out some huge costs and still sold really well.
What consumers want in a community is shifting, requiring master plan and rental community developers to rethink once-standard amenities and respond to changing needs.
