Talk Back
Post a CommentMost Recent Post
(Jan 9 2007 11:49AM)
Read all comments (2)
|
||||||||||
HousingZone Most Popular Stories
- International Residential Codes Available Online
- Growing your remodeling business in the current economy
- 2008 Remodeler of the Year
- Develop Land Or Buy Lots? Home Builders Face Dilemma
- ProBuilder Product Report: Kitchen Appliances
- What Can You Recycle?
- A smaller home can still be beautiful
- Wood vs. Engineered Lumber
- Myths and Facts About Automatic Fire Sprinklers
- How to Use Percentage-of-Completion Accounting
Slow and Steady
Green Building Increases Its Pace
Felicia Oliver, Senior Editor
September 1, 2006
Professional Builder
Results of a recent survey indicate the number of home builders producing green homes grew 20 percent in 2005, and is expected to increase 30 percent in 2006.
The Residential Green Building SmartMarket Report, produced by McGraw-Hill Construction and the NAHB, estimates the residential green building market share will increase from $7.4 billion and 2 percent of housing starts last year to between $19 billion and $38 billion and 5 - 10 percent of residential construction activity in 2010.
"It's clear more and more of our members are incorporating environmentally sensitive, resource efficient techniques into traditional home building practices," said Jerry Howard, NAHB executive vice president and CEO. "It is a natural progression as home builders stay atop market trends."
“I think those projections are a little bit conservative,” says Richard Morgan, Austin Energy Green Building Program manager. “We’re seeing 25 percent of new construction in our service area being rated by our program.”
“I think you’ll see places like Colorado, Houston, Phoenix, California, and Florida, - all the usual suspects - well above that 10 percent,” Morgan adds. “And that’s where the houses are being built.”
As green building continues to move into the mainstream, builders that were early adopters are in a good position, but shouldn’t be complacent.
“I think it’s going to be a good thing for them,” says Morgan. “But as more of the market moves into green, the builders that have been doing it are going to have to be a bit more innovative to maintain their leadership role.”
© 2009, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.


Digg This