The incredible rising ceiling

I love quirky real estate tidbits...

Curiously, while downpayments are shrinking, ceilings in many new homes and apartments are on the way up, according to a National Association of Home Builders survey. The average ceiling used to be eight feet high, but over the past ten years ceiling heights have drifted up towards nine feet. Although statistics show that people in general have become slightly taller in the past decade, the demand for higher ceilings is more a matter of aesthetics than physical need. "You get a very warm feeling when you walk into a home with a higher ceiling," Philadelphia builder Goro Hovnanian told the New York Times. "Buyers always see the value."

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