Green Home Building Becomes More Ubiquitous

Sep 29, 2017

When it comes to home builders, the color of the day appears to be green.

According to new research published by the National Association of Home Builders (NAHB), approximately one-third of single-family and multifamily builders said that green building is a significant portion of their overall activity—defined as being more than 60 percent of their portfolio. By 2022, the NAHB forecasted this number should increase to nearly one-half in both the single-family and multifamily sectors.

Furthermore, builders are developing net zero homes or plan to build net zero homes in the near future: 29 percent of single-family home builders have built a net zero home in the past two years, and 44 percent expect to do so in the next two years. The percentage of builders who used solar panels over the past two years increased from 19 to 23 percent, while 43 percent of the builders surveyed expected to use this green tech solution in the future.

“These findings show that green building has become an established part of the residential construction landscape,” said NAHB Chairman Granger MacDonald, a home builder and developer from Kerrville, Texas. “It is no longer a niche business; our members recognize the value of building green and are incorporating these elements into their standard business practices.”

About the author

Phil Hall

Link copied

Published

Sep 29, 2017

Industry News

UWM, UMortgage Under Attack For Alleged Shell Scheme

A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.

Just weeks after allegations against United Wholesale Mortgage (UWM) were published in an exposé-style report and a class action lawsuit, Hunterbrook Media is once again putting the Michigan lender under the spotlight. On Thursday, the hedge-funded media company published...

Analysis and Data

Homebuying Excitement Is Up Among Veterans

Survey results indicate optimism about housing market among U.S. veterans and service members

Our nation’s heroes are increasingly optimistic about buying homes, new research indicates. The amount of veterans and service members who plan to purchase a home in the next six months was up by 15 percentage points year-over-year, according to the Veterans Homebuying Re...