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Article: 'Jewel-box' houses: little gems; Small homes, quality materials; Buyers include retirees, newlyweds.(Real Estate)
- Article from:
- The Seattle Times (Seattle, WA)
- Article date:
- July 5, 2009
CopyrightCOPYRIGHT 2009 The Seattle Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jean Patteson; The Orlando Sentinel
ORLANDO, Fla. -- They've been dubbed "jewel-box" houses -- small homes designed with top-quality materials, upscale detailing and custom built-ins.
Tailored to the owners' way of life, smaller homes suit a variety of demographic groups, including newlyweds, young professionals, empty-nesters and retirees -- the last two a fast-growing segment of the population.
The current recession, the downturn in the housing market and the emphasis on energy-efficiency all are playing into the jewel-box trend -- and are making it increasingly difficult for homeowners to unload "starter castles," says noted ...