Green Building Market Potential - How Green Can You Go?

A recent joint study released by the Nationaland commitment to energy efficiency.
Association of Home Builders (NAHB) and McGraw-HillHappy Green Homeowners
Construction has discovered that some 85% ofOwners of green homes aren't afraid to share their
homeowners who currently own green homes areenthusiasm with others. They're so happy, as a rule,
happier with their new homes than with theirthat they're eager to tell friends, family, and
previous houses--and those green homeowners areassociates about their positive experiences, and as
eager to share their experiences with others.any marketing person will attest, word-of-mouth is
Even though the percentage of American homesthe most powerful form of advertising. That has
that are truly green is still very small (some .3%), thecertainly proved to be the case with green home
study hints at the enormous potential of the greenbuyers, since full 28% of all new buyers said that
building market. As with all segments of the Americanthey first heard about the concept of green homes
economy, demand triggers supply, and builders seemby word-of-mouth. As time goes by, that good PR,
to be responding to the ever-increasing demand byspread by enthusiastic homeowners, will begin to
homebuyers for more energy efficient housing. Thattranslate into an explosion of green building as the
trend is reflected in the fact that nearly 2% of allgood news begins to spread exponentially, according
residential housing built last year included at least oneto the study.
green building element, even if it only involved theIt will ultimately prove to be a win/win proposition for
installation of energy-efficient appliances.everyone. Home owners will benefit from lower utility
However, the study also found that builders arebills, the homes will require less planetary resources to
beginning to move away from simple elements likemaintain, and the price of green building will go down
green appliances and moving toward a more holisticas more suppliers begin to provide products to meet
approach toward green building. Such an approachthe demand for more energy efficient construction.
considers all the factors that could be built into anIt's an exciting development, and bodes well for the
"ideal" green home and allows homeowners to beentire industry--as well as for the Planet Earth itself.
involved in picking and choosing how green theyWhat could be better than that?
want their home to be, given their financial situation