Current Housing Indicators |
| CURRENT | PREVIOUS | ||
| Existing Home Sales | 4.49m | ▼ | 4.74m |
| New Home Sales | 309,000 | ▼ | 344,000 |
| Housing Starts | 583,000 | ▲ | 477,000 |
| Building Permits | 547,000 | ▲ | 531,000 |
| HMI | 9 | UNCH | 9 |
| Existing Home Prices | $170,300 | ▼ (annually) | $199,800 |
| New Home Prices | $201,100 | ▼ (annually) | $232,400 |
- Treasury On Mortgage Modifications
- Citi Mortgage Reveals What Treasury Won't
- Investors May Skew Housing Reality
- 100% Mortgage Financing From USDA
- Despite Government Aid, Foreclosure Crisis is Not Improving
- Housing Data Delivers Mixed Messages
- Appraisals Now Center Stage in Housing Recovery
- Underwater Mortgages Could Sink Even Deeper
- First Time Buyers Rescue Housing: Realtors
- Housing Recovery 'Still In Uncharted Territory': HUD Secretary
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Dubai's Debt Woes Signal New Era for Creditors
- US Treasury Wants Banks to Do More to Ease Mortgages
- Fed Audit Would Hurt Economic Prospects: Bernanke
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Stock Selloff May Bring Buying Opportunity
- Black Friday Sales Rise by 0.5%: ShopperTrak
- Longer Lines, Fuller Carts This Black Friday
- Big US Banks May Be Forced to Raise Capital: Bove
- Bank of America Amends Pay for Senior Executives
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Realty Check
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Kermit the Frog |
Check out the NY Times House & Home section today; check
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AP |
Your home is one of the biggest environmental offenders on the planet; no wonder home greening has grown to a 40 billion dollar industry in the U.S. -- and we lag behind Europe! Energy costs are forcing Americans to take another look at their homes and zero in on what's leaking, what's wasting and what's just plain inefficient. Builders estimate 10% of all new homes will be "green" by the end of this decade.
But here's the problem: not all builders have caught up. A tidbit in the NY Times today tells of a consulting partnership in Plainfield, NJ called Frankly Green, which will help you find experienced contractors who really get green. They also sell paint.
The National Association of Home Builders also has lots of great information on going green at home, although it's a little hard to find. There's also a checklist in this month's Remodeling Magazine (I know, I should be reading Elle, right??) that I'll steal for you:
FIVE KEY CONCEPTS OF GREEN REMODELING:
- Energy Efficiency
- Indoor Air Quality
- Resource Efficiency Use and Durability (that's the old fridge you run in the garage)
- Site Management and Use (that's trees and stuff and how your house is situated)
- Water Consumption
It's all about the carbon footprint -- and not just what's behind the front door, but the entire process of getting the front door in the frame. It's how you manufacture and transport building materials, dispose of construction waste, the tools your builder uses to build/remodel your home. I could go on, but I don't want to get Gore-ish.
Go home tonight and take a look around it. This is your biggest investment, and you're more than likely wasting money every minute you're standing there looking. With summer nearly upon us, and brownouts looming in the outlet that's powering your plasma, consider the following: you all may not care about the planet, but I know you care about your wallets. Make it about that.
Questions? Comments?









