Houston Real Estate May Benefit From “Green” Initiatives
Posted by 2M Realty on Thursday, March 4th, 2010 at 10:39am. |
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During his time in office, President Barack Obama has consistently voiced the need for “Green” job opportunities and alternative energy sources as a means to help the environment and bolster the economy. Houston has embraced Obama’s philosophy and its real estate markets will likely benefit from such foresight.
From many viewpoints, Houston real estate is an attractive investment. Houston offers a low cost of living relative to the nation’s other major cities, promising career opportunities, enticing housing developments and myriad cultural and entertainment opportunities.
Known as the “Energy Capital of the World,” Houston is a progressive city “where environmental initiatives abound,” (www. visithoustontexas.com).
Whether buyers are looking to purchase in Houston, or in sub-markets such as the Magnolia real estate or The Woodlands real estate markets, the potential “Green” benefits to residents are numerous.
For example, Houston’s downtown area has implemented the following “Green” measures according to visithoustontexas.com:
- Urban Design and Planning projects to maximize use of public transit.
- Extensive streetscape improvements to facilitate pedestrian use of the city, helping to minimize automobile trips and reduce congestion.
- A downtown circulator system currently in development will employ vehicles running on sustainable alternative fuel.
As noted earlier, Houston has the capacity and dedication from its corporations to capitalize on the emerging alternative energy sector. While the city is an industrial, commercial, educational and financial center, energy still drives the local economy.
Consider the following facts regarding alternative energy provided by visithoustontexas.com:
- The EPA’s Green Power Partnership has hailed the City of Houston as the No. 1 municipal purchaser of green power in the nation and as a crucial leader in the alternative energy trend.
- Texas is one of the top three states in the country in wind power potential.
- In 2003, Texas installed more wind power than the entire United States had in any other year.
- According to the Environmental Protection Agency, Houston has the third highest number in the country of energy-efficient commercial buildings.
- Mayor Bill White announced in April 2005 plans to convert a substantial portion of Houston’s fleet of cars, pickup trucks and sport utility vehicles to hybrids by the year 2010.
Clearly the necessity for a “Green” future is vital to the nation’s political and social agenda. Houston has taken the lead on this enterprise and owners of Houston real estate only stand to benefit in the coming years.
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2M Realty is a unique brokerage firm providing agents both traditional and Internet services throughout the Greater Houston real estate market. With its' Treehouse virtual platform, participating agents experience the freedom of working from home and get to retain 100% of the commission. This platform is an end-to-end online solution giving agents personalized websites, lead management programs, marketing collateral tools, form libraries, transaction management, electronic signature functionality and more.
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Good stuff. I love houston. I recently shipped a few cars there using Auto Shipping Network. They did an amazing job. High recommend them. Keep up the good work.
Posted on Thursday, March 25th, 2010 at 2:55 PM.