Real Estate in North America showed signs that it was coming out of its slump in the first quarter. Even though the global recession continues, environmentally friendly upgrades and options are in demand.
Last year the 'green' residential inventory was estimated to be 6 to 10% (an increase of 8% from the previous year). By 2012, there is expected to be 12 to 20% market share which accounts to $40 to $70 billion dollars.
What has prompted this surge is the direct correlation between conservation and cost-cutting. Sustainable building components use less energy and have low maintenance costs and increase the value of the homes.
For instance, using concrete for your walls makes the building stronger, more efficient and healthier and it doesn't use the natural resources of the forests. It also reduces the construction time, creates less waste and eliminates mold and mildew. It can reduce energy costs by 70%, has more sound insulation and offers superior fire protection.
Green construction has many benefits and it can immediately decrease your cost of living.
