Those who like to follow trends in paint color will be happy to know that the palette is wide open. While many people continue to stick to neutrals, there are many who are choosing to paint their kitchens red and their living rooms espresso brown. As for the outside of the house, think subdued color. "We are seeing more nature-based colors such as greens and browns. These are more muted and subtle, although bolder colors can be used as accents," says Patti Sonnenberg of Pegasus Design Group in Milwaukee.

2. Finished Lower Level

As people spend more time at home, many new homes now have a finished basement, according to Karl Ekman of Sterling Hasey Co. in Mequon. "Almost every house we build now has a finished lower level. People are likely to use the space for a home theater," he says. These home theaters are completely decked out with projector-style screens, adjustable theater seating and other amenities.

3. Renewable and Usable

"One big trend that is really taking over the industry is green design," Sonnenberg says. "A growing number of sustainable materials are coming on the market, and there is definitely more interest in using these materials." The upfront cost of these materials may be more, she says, but that is likely to change over time. "People are beginning to ask about them more frequently, even if they are not always using them," says Marsi Black of Pegasus Design Group.

4. Elevators

The trend of "aging in place" is growing among Baby Boomers. "Ten years ago, we almost never put an elevator into a house. Now, it’s not so unusual," Ekman says. "People want to remain in their homes as they get older."

5. Porches — Back to the Future >>

A recent trend in home design is new homes with a vintage look, says Black. "Many of the new homes are traditional-looking homes with features that carry on that vintage look," she says. Showing up in both renovations and new construction is the front porch, a mainstay of homes built decades ago. Porches are a place where people can gather to enjoy the weather, chat with neighbors or simply read and relax.

6. More Storage

As people’s lives become busier and their schedules more complicated with work, school, hobbies and activities, they acquire more stuff. How to organize all of that stuff can be a real problem. Adequate storage space is in demand and builders are looking for ways to make better use of every inch of a house. For example, pantries have made a comeback, expanding kitchen storage space. Better storage systems in garages and closets are also in demand.

7. Smaller Homes

More square footage doesn’t necessarily mean a more livable house. Some homeowners are spending more on quality construction and craftsmanship. "We are seeing a move away from the 5,000-square-foot house to smaller homes that are perhaps more comfortable and easier to manage," says Black. "It is more practical for the way people live today." M