New report shows builders are going green. A new report by the National Home Builders Association (NAHB) and McGraw Hill Construction estimates that up to 84% of single family home builders and 79% of multi-family home builders will be constructing greener homes by 2018. Key factors include energy savings, new regulations, and green product availability and affordability, along with the interest by home buyers in greener housing and home energy savings.
The report also states that home buyers are willing to pay up to 3% more for a greener home. Builders are now gearing up for this expected interest by consumers when considering buying a new home.
The Southern Nevada Home Builders Association (SNHBA) is the largest and oldest trade organization for the residential construction industry in Nevada.
This column, by Ron McGibney, originally appeared in the Real Estate section of the Las Vegas Review Journal, and then posted on their website. Go to the linked site for the full story.