This is why you cannot Ignore Green Real Estate any longer?
Hey there and welcome back to the Greenhabbing 101 blog.? Today, let?s talk about how the Popularity of Green Homes is Rising for Tenants, Homeowners and Investors in this Market!
At the turn of the century, more and more people were warming up to the idea of living green.? This meant that a person would consider dropping some of the ?luxuries? that come with modern times for the sake of preserving the space in which we exist. Out of this need, the green homes and green real estate investment properties arose.
By 2005, the popularity of the green homes was gaining momentum as more and more people welcomed the idea.? What made the green homes even more popular is the recession that occurred in much of the world in the latter parts of this last decade.? Green homes were not only a better option owing to the fact that the environment was being saved, average cost of maintaining the homes turned out to be much cheaper than that of other comparable homes.
To start with, green homes are energy efficient homes.? By tightening the envelope and utilizing energy efficient appliances, etc. you are able to achieve dramatic decreases in your monthly energy bills.? For this reason, statistics show that green homes account for at least one third of the constructions that are currently on going in the USA and is still relatively new for rehabbers to Greenhab homes (lot?s of opportunity to stand out in your local market).
In Detroit, green homes are also gaining popularity as is the case in much of the other part of Michigan.? The trend in rebuilding homes that were once foreclosed seems to be aimed at making them more energy efficient for the end user.? While these particular homes may not be fully green, the fact that the construction is accommodating green features is already a plus.? Even as the region?s real estate market recovers, green homes can play a big part in reducing utility bills and helping owners/tenants save some much needed money.
Across the country, the popularity of the green real estate investment properties cannot be ignored.? In the last year, the number of applications for green homes has more than tripled.? If this is any indication, then the whole country seems to be gravitating towards green homes and green investment properties.
That being said, the additional cost that comes with the construction of the green homes is one of the things that put off potential investors.? However, experts argue that the amount of money saved by the use of the green homes is much higher than the additional cost incurred in their construction considering the extra additional cost is typically around $5,000-$10,000 which only adds up to a few dollars more for your mortgage payment but the dramatic decrease in monthly energy bills completely makes this slight increase in mortgage payment worth every penny 
Ryan and In The Now Investments has been able to assist over 100 investors/homeowners with decreasing their utility bills and increasing the value of their home/rehab project.
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I'm 27 yrs old and living life on overdrive! I love investing in real estate and also love playing guitar. I look forward to meeting you and sharing the incredible wealth that's out there in the real estate investing world. Let's do this together!patti labelle the weeknd the weeknd payroll tax payroll tax aisha khan alanis morissette
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