A few weeks ago I shared that “Greening the MLS” can help disclose the addition of energy efficient elements in residential construction and how that might affect the liabilities of the MLS system. Last week the Appraisal Institute introduced the Residential Green & Energy Efficiency Addendum, Version 2.0. Laura Stukel, an efficiency “insider,” is developing the Real Estate Transaction […]
A few years ago the MS Dev Authority helped promote green building in Mississippi. They co-sponsored a state-wide Green Building Contest. Licensed contractors joined and promoted their brand and I helped provide support as an NAHB Green Building Verifier. Through Jo Usry’s leadership, the MLS – Multiple Listing Service of Jackson now includes sections (called […]
Buyers are flocking? …is that sort-a like a stampede? I read a recent blog article promoting energy codes and how appraisers are recognizing energy efficient homes. The author stated: “consumers are flocking to buy these homes over conventional homes”. Really? The concept of energy savings is very closely related and is affected by an increase in Delta […]
The challenges sales agents face continue to plague the market. With the high number of foreclosures on the rise many sales agencies are realizing the benefits of FHA 203K Rehab loan. But how do you sell it? What sets this loan program apart from a standard sale? There are pros and cons to every market […]
Green built homes save money and offer healthier indoor air quality, not the mention cost less to operate.
Efforts underway in Mississippi to establish statewide energy efficiency standards and programs reflects a growing trend among officials in Southeastern states who are recognizing the value of conserving energy use as a means of achieving economic growth and a clean energy future. The Mississippi Public Service Commission is engaged in a formal process that is […]
As the single largest housing expense after a mortgage payment, your utility costs can have a direct impact on how large a mortgage you can afford. You can save money on the cost of utilities by purchasing new energy-efficient heating and cooling systems or by making home improvements, such as weatherizing and insulating older homes […]
Statistics show that lowering home energy usage directly improves value. This notion is supported by Fannie Mae, Freddie Mac, ENERGY STAR, FHA and VA financing instruments. When you increase the value through energy savings the increase is recognized in the new loan. A potential buyer will consider cost to operate the home, but only if […]