Lots of attention has been devoted lately to climate change, the science of climate change, and political pressure with the future of the EPA at risk. Before you decide that this is a political rant, read on.
I'm excited to share news hot off the press from the National Association of REALTORS® May meeting. Here's a cut and paste for clarity:
"Discussions about energy performance, climate change, sustainable communities, and a focus on environmental and building health, were prominent features during the May meetings,"
The article goes on to say that thanks to a "vocal membership" sustainability and issues surrounding that are gaining ground at NAR. Specifically, NAR's Board passes an updated policy on climate change,
"It addresses creating resilient, sustainable buildings; reducing greenhouse gases and conserving energy; and encourages sustainable practices and energy efficiency through incentives like expedited permitting and tax benefits."
As a NAR GREEN designee, I'm excited to see the changes that lie ahead for real estate agents. The solar course is set to arrive next month, produced by the Green Resource Council (NAR) and Elevate Energy. This online course will provide a wealth of information to assist real estate agents in understanding solar panels and how they relate to real estate.
Respondents from a REALTOR® survey report that 43% of MLS's have green fields; 19% don't have green fields, and 38% don't know if they have green fields. What does this say? It says that realtors don't recognize green features/fields. The need for education is HUGE.
The survey reflects that no green features were in the homes. The odds are that if the homes were newer than 2005 they most likely HAD green features, but realtors did not recognize that they existed. A BIG PROBLEM for the industry. If features aren't recognized, then it's possible that the features didn't receive value unless of course like kind properties were appraised. Remember, Energy Star was introduced as early as 1998in some markets.
Energy efficient homes are hitting the marketplace daily. Every 3 years building codes are updated by the International Energy Conservation Code (IECC). The most recent code update was 2015. Cities and municipalities adopt these building codes The codes are more and more energy efficient with each new code issue. So this isn't a "local" thing. It may be more prevalent in one marketplace over another, so ask your local builders what code they are using when you view homes.
Energy efficiency isn't a craze. It's the Here and Now and Our Future.
The following are some of the survey results from February, 2017, distributed in May at the NAR Board meeting. Of the 54,878 realtors posed, 5.2% or 2,867 responded for these results.
Consider that comfortable space might also include a home that does not have a hot room in an air conditioned space. Proximity to grocery stores, etc. relates to Walk Score; windows & doors are/not energy efficient; utility costs relate to energy efficiency; commuting costs relate to walk score & urban sprawl; and renewable energy to solar panels.