Green Homes Show Growth
Residential construction in a key engine behind economic growth and single and multifamily housing projects account for approximately 45% of the value of all construction projects. The growth in the housing industry is expected to continue at a steady pace in the coming years.
Since 2006 the evolution of green building for single family homes has grown significantly. Buyers are willing to pay more for green features. Many lenders and appraisers throughout the country are recognizing the value of green homes.
More builders are engaging in sustainable building practices with consumers demanding higher quality homes and taking advantage of utility incentives.