Home buyers building smaller homes

From the Washington Post on Saturday, January 24, 2009:

Frugality is finally showing up in new home developments.

Although the number of new single-family houses sold this year will probably be down about 68 percent from the peak of almost 1.3 million sold in 2005, there will still be about 420,000 households buying new homes this year, according to the National Association of Home Builders.

Click here to read the whole article.