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As Housing Markets Correct, Owners Looking for Less Space but Greater Accessibility, More Flexibility in Home Designs Business conditions at residential architecture firms remain weakIn his first quarter of 2007 summary of residential design trends, AIA Chief Economist Kermit Baker, PhD, Hon. AIA, reports that households are putting less focus on the amount of space in their homes and more focus on how that space is being used. Ease of accessibility around the home, with an emphasis on informal areas with multiple functions, is a trend growing in popularity. There also continues to be much greater attention on outdoor living areas as lot sizes shrink. Residential architecture firms report continued cooling of business trends, especially at the lower end of the market. Home improvement activity—additions and alterations to existing homes, and kitchen and bath remodels—remain the bright spots in the housing industry. 
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This is the place for our monthly Work-on-the-Boards survey report, quarterly Housing Trends survey report, and biannual Consensus Forecast, all by AIA Chief Economist Kermit Baker, PhD, Hon. AIA. You’ll also find tips for managing the business side of your practice, as well as the weekly Kiplinger Connection.
