1 / 9

SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS

SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS. www.KYHomePerformance.org. January 28, 2011. Kentucky Real Estate Trends. Kentucky and the Nation are currently in the midst of the worst housing crisis in history.

jeneil
Download Presentation

SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SAVING ENERGY AND IMPROVING COMFORT THROUGH ENERGY EFFICIENCY HOME IMPROVEMENTS www.KYHomePerformance.org January 28, 2011

  2. Kentucky Real Estate Trends • Kentucky and the Nation are currently in the midst of the worst housing crisis in history. • Foreclosures in Kentucky have risen steadily over the past few years • Fueled by high unemployment • Exacerbated by the decrease in property values • Overall sense of uncertainty for the near and distant future • Headlines in the News: • “Depressed Incomes Lead to Surge in Louisville Area Foreclosures” (Courier-Journal January 2011) • “Home Sales Remain Down” (Lexington Herald-Leader January 2011)

  3. Kentucky Real Estate Trends DataSource: Kentucky Administrative Office of the Courts

  4. Kentucky Real Estate Trends Data Source: RealtyTrac,

  5. Kentucky Real Estate Trends Central Kentucky Housing Statistics Source: Kentucky Association of Realtors

  6. Kentucky Real Estate Trends What is happening as a result of these trends? • Increases in remodeling as compared to new construction • 12 Biggest Remodeling Trends for 2011 • The National Association of the Remodeling Industry (NARI) conducted a poll of their top builders and remodelers – found that most people are not starting major renovation projects, but rather smaller projects. • Number 9 on the list was “Going Green.” Bamboo floors, grass thatched roofs, bark siding are the more exotic improvements but in addition people are getting energy efficient upgrades. • Source: IlyceGlink, CBS MoneyWatch.com 12/8/2010

  7. Kentucky Real Estate Trends Energy-Efficient Improvements on the Increase Kentucky’s Housing Stock is Aging – including the mechanicals Data Source: U.S. Department of Housing and Urban Development

  8. Kentucky Real Estate Trends • The Lexington Home Builders Association and the National Association of Home Builders indicate that remodeling is on the rise • A recent survey by the National Association of Home Builders indicates that homes of the future will be smaller homes with “green” features. • Most likely – Low-e windows, Engineered wood, Water-efficient features and Energy Star Rating for the whole home • Somewhat likely – Insulation higher than required by code, Tankless water heater, Argon gas windows, Green Certification from ANSI and/or state Green Building programs, Solar water heating and electric • Source: The New Home in 2015, NAHB Economics, December 2010

  9. www.KYHomePerformance.org

More Related