green housing market: Green the new Granite?
- 05/14/12 04:33 AM
According to the National Association of Realtors the green housing market is expected to increase 5 fold by 2016. These houses are selling quicker and for more money. I also know that FHA is considering factoring in the cost of energy when qualifying buyers for a home. Energy costs are often more than insurance and taxes which they already take into consideration. The Appraisal Institute is also setting their appraisers up for factoring in energy improvements when appraising a home. They already recognize the HERS score which is something that is generated when a home is rated following the RESNET standards. … (2 comments)
According to the National Association of Realtors the green housing market is expected to increase 5 fold by 2016. These houses are selling quicker and for more money. I also know that FHA is considering factoring in the cost of energy when qualifying buyers for a home. Energy costs are often more than insurance and taxes which they already take into consideration. The Appraisal Institute is also setting their appraisers up for factoring in energy improvements when appraising a home. They already recognize the HERS score which is something that is generated when a home is rated following the RESNET standards. … (2 comments)
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