New NAHB survey: ‘green' use on the rise by developers, contractors
Seventy-four percent of the survey’s respondents said that buyers and renters are willing to pay more for green amenities, the median additional amount they are willing to pay is only about two percent.
"Apartments and condos are inherently green, because they offer more compact development to begin with," says Steve Patterson, chairman of NAHB's Multifamily Leadership Board and an apartment and condo developer from Orlando, FL. "With today's heightened consumer interest in green, multifamily builders are embracing more green and recyclable products, and are more willing to invest in energy efficiency."
For more information on this survey, visit www.nahb.com.