ESG Reporting in the Homebuilding Industry

ESG (Environmental, Social, and Governance) reporting has become an increasingly popular way for companies to show their commitment to sustainability and social responsibility. In an effort to track diffusion of this practice among home builders, Home Innovation Research Labs, in collaboration with Professional Builder Magazine, surveyed 300 home builders in September 2023 about their current and anticipated ESG reporting practices and motives for adopting ESG reporting. 

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Discrete Choice in Qualitative Research—A Powerful Way to Determine the “Why” of Decision Dynamics

Most researchers associate discrete choice methodologies with surveys where the objective is to measure the “What” of buyer preference. But in qualitative research, where exploration is a common objective, discrete choice methodology can be applied to better understand the “Why” of decision dynamics and to identify what tradeoffs buyers are making when choosing building products or services. Home Innovation offers clients this powerful way to explore decision making through discrete choice qualitative research.

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True Value: NGBS Green Certification Lauded for Adding Value for Builders and Homeowners

Greenwashing. Unfortunately, it’s not a new form of consumer deception. But, fortunately, there are both new and improving means of shining a light on those who seek to deceive, as well as recognizing and rewarding those who provide true value with high-performance, green building.

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Pivotal Advance in Green Building Valuation

Home Innovation Research Labs recently announced a data sharing agreement with my company, Pivotal Energy Solutions. The announcement may have seemed inconsequential at the time, but I’m convinced that what this agreement represents is a critical next step in the marketing of energy-efficient homes and has potential to impact your business in a BIG way.

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Data Hot Off the Spreadsheets!

According to Home Innovation's latest Annual Builder Practices Survey, the home building industry is finally climbing out of the doldrums, and some exciting and unexpected opportunities are revealing themselves. For over 30 years, our annual survey and reports have tracked market shares of building material categories. Find out what the latest data tell us.

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Take Advantage of New Appraisal Tool for Green Homes

Imagine a buyer expecting you to provide a proposal for a new home without knowing what size or type of home they want you to build. Ridiculous! Impossible! Well, that's not too far off from what often happens in high-performance appraisal requests. Find out how to take full advantage of the "Residential Green and Energy Efficient Addendum" recently issued by the Appraisal Institute to ensure your appraiser can properly value your NGBS Green Certified home by knowing the details of the construction and the high-performance features.

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3 Simple Green Home Marketing Rules

A recent national consumer insights study estimated that 60 percent of Americans, roughly 185 million people, are interested in green and healthy living. OK. So you build green homes. But are you doing your best to reach those green-hungry consumers? Don't go to the effort of having your home NGBS Green Certified and then keep it a secret. Following some simple green home marketing rules can help you get the most out of your commitment to green by helping buyers better understand what they will get (and what they won't be lacking) by buying a green home.

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5 Tips to Help Market Your Green Homes

Some builders are adamant that homebuyers don’t care about green. They rationalize this conclusion because homebuyers don’t typically ask for green features explicitly. However, market research consistently confirms that a majority of mainstream Americans do care about sustainable choices. One national consumer insights study estimates that 60 percent of Americans, roughly 185 million people, are interested in green and healthy living. So what's missing? Builders need to apply the basic tenets of effective marketing to their green home marketing -- deliver the right message to the right audience in the right way.

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Are You Willing to Bet it All on Energy Efficiency?

Homebuyers want much more out of their homes than just energy efficiency. The research findings proving this point are irrefutable. Yet there are still builders who put all their marketing might onto the single-point message that their homes are energy efficient and will provide a tangible, monetary payback. That's leaving a lot of unclaimed marketing chips on the table for the home features buyers value even more than energy and the related cost savings. Isn't it time to face the facts and deliver what homebuyers really want? Homes that provide a healthy place for their families, comfort, and contribute to a sustainable lifestyle — truly green homes.

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Don’t Get Caught Flat Footed with Market Changes

As a building product manufacturer, it’s important to base your assessment of market change on reliable data and not the latest industry hype. Find out how our product usage data helps vigilant product managers spot changes as they're beginning to happen, when there's still time to act and not just re-act.

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