Green Real Estate - Interest Grows in California
I grew up in North Hollywood, California. I remember attending
Monlux elementary school in Van Nuys when "Ecology" became big news.
That's 40+ years ago! Back then it was about recyling. We'd have huge
newspaper drives to divert some of that trash for re-use. I didn't
really understand what was happening back then but now I realize that I
was witnessing the birth of something important. California really was
the birthplace of the "Green" movement. Sometimes it seems like the rest
of the country is just catching up. And now that we are reaching the
onset of the economic recovery we are beginning to see emerging
technologies leading the way, and in the forefront of these technologies
will be the development of green building products and real estate
practices. Nowhere in the United States are they more focused on
developing environmentally responsible practices than in California.
This focus will create a growing opportunity for green real estate in
California that will be something people will want to be a part of in
the years to come.
As a seller of homes or commercial properties,
environmentally sound additions are always a major selling point. Being
able to point out the smaller carbon footprint of one home compared to
another will be a desirable feature to a homebuyer. Californians have
led the way in developing green practices such as solar and wind
generated power and energy saving building materials and techniques. Any
property in California that can state the energy efficient inclusions
in the home is far more likely to sell before homes that have no
environmental awareness at all. Taking into account the importance of
environmental responsibility is imperative if a seller wishes to be
successful in the state of California.
As a buyer in California,
green real estate is just another of the enormous number of incentives
to purchase a home in 2010. As if the extraordinary home prices and
interest rates together with the tax incentives to purchase a primary
residence were not enough, there will now be added seller
competitiveness to offer green options in the homes they are selling.
The climate of environmental concern is prevalent in California. Many
homes have either been built or retrofitted with more environmentally
friendly features and products than in any other state. If the choice
comes down to two homes in the same price range, it would make more
sense for a buyer to purchase a home that will save them money
continuously with the energy savings that are provided in a green home.
With California's awareness of the need to become ecologically
responsible, there is no reason for a buyer to choose a home that is not
environmentally sound.
One of the most important industries in
the future of our economy will be the usage and development of green
real estate practices, and California those holding a California real estate license
would be wise to learn all they can about the subject.. In doing so,
California will set the stage for the nation to create stronger economic
opportunity in environmental responsibility. Buyers and sellers alike
will not be able to ignore the absolute importance of green real estate
to the overall state of the economy in California. For decades, ever
since there has been discussion about the need to protect the
environment, California has been a leader in environmental and
ecological issues and will continue to push forward in environmentally
responsible real estate practices.
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