Today, house framing is done mainly with two by fours and plywood in a style that is commonly referred to as platform framing. Houses built with this type of framing are noted for using many pieces of small lumber to create a frame that looks like a "bunch of matchsticks." A modern house that is framed with standard wood timbers and then sheathed with plywood is very strong, and if properly put together, it can withstand most forms of severe weather. Many under construction projects that one often sees, scattered across the countryside, are a far cry from the old post and beam construction style that was so common a hundred years ago, both in home construction and especially in old barns.
eHow Article: About House Framing