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Architects say these are the latest trends in kitchens:
—Wine storage areas
—Computer work areas
—Separate areas for food preparation (and you thought that a kitchen was the food-preparation area)
—Bamboo floors, which are considered ecologically “green”
—Concrete countertops, also regarded as “green”
—Drinking water filtration systems
All this comes from a report by Kermit Baker, chief economist of the American Institute of Architects, based on the fourth-quarter AIA Home Design Trends Survey. For more, click here.
BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.