Highlights of the green home market
“In the United States, the cost for protecting people and property from rising seas and intense downpours is expected to climb into the hundreds of billions of dollars in the coming decades — and that’s a conservative estimate”
Good news:
) Long-term investors- including banks, GSEs, and insurance companies- take a serious look at the impact of climate change on their bottom line
2) The high-performance home market continues to gain traction, particularly in the new construction market
3) Consumer demand for sustainable products continues to rise
4) Backlash against climate-change deniers increases
5) Science/data makes a comeback
6) The National Association of REALTORS® makes major advances at the intersection of sustainability and real estate
7) Inman makes sustainability a key talking point
Bad news:
1) Stock market experiences a correction
2) Interest rates rise
3) Affordability remains a major concern in the real estate industry
