Tuesday, January 29, 2008

Home builders bet 'green' will sell

Home sales have been slowing for months. Job growth is flat. The inventory of unsold houses is up 25 percent from a year ago. Is this any time to push construction methods that can add thousands of dollars to a home's cost? The Home Builders Association of Raleigh-Wake County thinks so. The 2,800 member group announced Monday that it is joining its counterpart in Durham, Orange and Chatham counties to form the Green Home Builders of the Triangle.
The group said it wants to promote housing that meets environmental standards. It also hopes its new "green" certification will help members market homes in a glut of unsold houses.

Source: The News & Observer

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