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Wednesday, December 27, 2006

Green Home Market Ready to Surge

All indications point to a major increase in green home offerings by homebuilders large and small in 2007 and 2008. In my article in the December issue of Environmental Design & Construction magazine, beginning at page 34, I give 12 reasons why I believe this increase is real, imminent and permanent. Primarily, it’s the spirit of the times. For the first time in a generation, the general public is concerned about energy costs and availability. Secondly, homebuilders are getting comfortable with building energy-efficient homes, and the $2000 federal tax credit for meeting certain efficiency goals was just extended through the end of 2008. Third, the buyers are getting more sophisticated about asking for energy use information. Fourth, and perhaps most importantly, the growing competition between the National Association of Home Builders and the emerging LEED for Homes program, along with about 60 other green building certification programs in the U.S., means that there will be a lot of marketplace interest in building green, on the supply side.

Posted by Jerry Yudelson on 12/27/2006 at 08:55 AM

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