Is the McMansion dead?

Americans are downsizing. Does that mean the end of huge houses on tiny lots?

Only 9 percent of potential homebuyers want to purchase homes larger than 3,200 square feet.
(Image credit: Corbis)

"The McMansion era is over," says real estate website Trulia, citing research that shows only 9 percent of potential homebuyers want to purchase a house that is 3,200 square feet or larger. On top of that, cities and towns are increasingly passing ordinances banning large, ostentatious homes. Is the McMansion history? (Watch a report about the death of the McMansion)

The future looks bleak for McMansions: These tacky homes are meeting the same fate as other "excesses of the previous decade," including Hummers and subprime loans, says Jennifer Davies in The San Diego Union-Tribune. As recession-shocked Americans seek out cheaper, (relatively) smaller, and greener living options, new-home sizes are falling for the first time in living memory.

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