Thursday, January 14, 2010

Homebuilders see a resurgence in small

By Margaret Jackson
The Denver Post
01/14/2010

Excerpt:
"The buyer today is different than a few years ago," said Chetter Latcham, president of Shea Homes Colorado. "They've reprioritized their lives and are scaling down. The day of the McMansion is gone."

Many builders are responding to shifting preferences — and economic realities — by introducing new designs aimed at first-time homebuyers.

KB Home, for example, has launched a new line of paired homes at Stapleton called The Open Series, priced at $204,995

for a 1,159-square-foot, two-bedroom, two-bath home to $229,995 for a 1,667-square-foot, three-bedroom, two-bath home. the rest

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