September 29th, 2008
Sales of new homes continue to plummet
The National Association of Home Builders recently reported — citing statistics from the Commerce Department — that the sales of newly built single-family homes fell 11.5 percent in August.
The National Association of Home Builders recently reported — citing statistics from the Commerce Department — that the sales of newly built single-family homes fell 11.5 percent in August.
Builders recognize that green building can be a profitable enterprise for them. And that’s the only way that environmentally friendly construction will truly enter the mainstream: It has to make financial sense for builders and developers.
If you could guess, what would you say is the top reason why most consumers choose a green-built home?
Is it because it’s healthier to live in one? Maybe because it’s good for the environment?
Of course not: It’s money — green of a different kind — that drives people to build or purchase a green home.
This […]
Every month, the National Association of Home Builders quizzes its members about the strength of the homebuilding business. The association has been doing this since 1985. That’s a long time, but not once in the history of this report have homebuilders been as pessimistic about their livelihood as they are now.
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Written by Dan Rafter [email] for b5media.
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