We all know that understanding market trends and issues
and how an industry may function in the future
is one key to success.
The real estate market is no exception. And if you invest $79.
you can pick up/download a 34 page report on key trends
in the construction industry that "provides you with instant access
to a succinct snapshot of the construction industry
to help you build a firm knowledge base about market conditions,
trends, and leaders. "
The SmartMarket Report on residential green building
published by McGraw-Hill , Summer 2006 release, takes a solid look at the residential green building marketplace in particular.
"Looking Ahead " FYI: REALTORS® and home buyers.
Indicators that residential green building will escalate
in the next year at a significant rate.
What is considered a green home today, the report notes, will be the industry standard tomorow- in the not so distant future.- say by 2010!
A growth of 30% over 2006 numbers is expected. More than two-thirds of builders will be building green homes, with only one-third not yet engaged in the marketplace. Beyond 2007, the sheer number of participants in the green home building market will pull the rest of the market up to green standards just to stay competitive.
A heads-up. I read in the SmartMarket report that "Green home building supporters should work with REALTORS®, appraisers and other financing institutions to accelerate market penetration of green homes.
Resource: For complete copy of the Residential Green Building SmartMarket Report, please visit McGraw-Hill Construction
Another Resource: http://activerain.com/groups/GREEN