Sept. 25, 2007 - Utility Costs Driving Consumer Demands
AIA Chief Economist, Kermit Baker, PhD, Hon. AIA, said “Structural insulation panels, geothermal heating/cooling systems, tankless water heaters and green flooring products, such as bamboo and cork, all are in high consumer demand.”
The poll also revealed that 91 percent of registered voters said they would be willing to pay $5,000 more for a house that would use less energy and protect the Earth.
Other findings from the survey:
- For the third straight year, home offices are the most popular special function room.
- Tankless water heaters are on the rise. Nearly 72 percent of respondents listed it as a desired appliance.
- The market environment for home improvement projects, both for additions and alterations as well as kitchen and bath remodels, is reported as “very healthy,” even though growth is not as strong as it was a year ago.