St. Patrick?s Day: Looking at a Market Going Green

NAR

Fri, 16 Mar 2018 18:36:16 +0000

To celebrate St. Patrick?s Day, the National Association of Realtors® is going green.

Recent data has shown that Realtors® are seeing green properties and energy efficient homes becoming more popular with home buyers. According to the NAR Sustainability Survey, nearly half of Realtors® see consumer interest and demand for greener, more sustainable properties.  Below are highlights from the report.

Regarding renewable energy and its impact on the real estate market, according to Realtors®:

  • 43 percent report their MLS has green data fields
  • 27 percent involved with between 1 to 5 properties that had green features
  • Nearly 40 percent said clients find green spaces important
  • 80 percent of Realtors report solar panels in their market
  • Seven in 10 said that energy efficiency promotion is listings was very or somewhat valuable

Home features that Realtors® said their clients consider important:

  • Home?s efficient use of lighting (50 percent)
  • Smart/connected home (40 percent)
  • Green community features such as bike lanes and green spaces (37 percent)
  • Landscaping for water conservation (32 percent)
  • Renewable energy systems such as solar and geothermal (23 percent)


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