Home Innovation's 2024 Builder Practices Survey of about 1,200 home builders has revealed new trends in new home building, specifically in HVAC, plumbing, and electrical systems. Tankless water heaters gain market share along with standby generators and new types of duct insulation.
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The construction industry is undergoing a significant transformation towards sustainability and energy efficiency. With a growing focus on reducing carbon footprints, conserving resources, and creating healthier living environments, Building Environmental Performance Standards (BEPS) have emerged as important guidelines, and in some jurisdictions, mandates, for builders and developers. Let's delve into what BEPS are, why they matter, and how they are shaping the future of construction.
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On March 6, 2024, the SEC adopted its final climate disclosure rule which reflects the evolving intersection of business, finance, and sustainability. The SEC climate disclosure rule is a significant step towards integrating climate-related considerations into mainstream financial decision-making. It serves to enhance transparency, mitigate financial risks, support the transition to a low-carbon economy, and align U.S. standards with global best practices.
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On March 6, 2024, the SEC adopted its final climate disclosure rule which reflects the evolving intersection of business, finance, and sustainability. The SEC climate disclosure rule is a significant step towards integrating climate-related considerations into mainstream financial decision-making. It serves to enhance transparency, mitigate financial risks, support the transition to a low-carbon economy, and align U.S. standards with global best practices.
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As an above code certification, the ICC 700-2020 National Green Building Standard (NGBS) dedicates an entire section to the operation, maintenance, and building owner education for all forms of residential construction. The section contains mandatory items for all projects, as well as additional requirements for higher levels of certification. These requirements serve to optimize buildings, educate occupants, reduce utilities and maintenance, and increase resale values.
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NGBS Green proudly certified the Ruth Ellis Center, an affordable housing and support center serving the LGBTQ+ community by providing a safe and healthy space for those who have been mistreated in the past. By investing in projects such as the Ruth Ellis Center, we send a strong message that every individual deserves a safe place to call home and a healthy planet to thrive on.
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On April 26, 2024, HUD published their final energy standards determination in the Federal Register as required by the Energy Independence and Security Act of 2007 (EISA). EISA requires HUD and the USDA to set minimum energy standards for certain categories of housing financed or assisted by HUD and USDA.
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Perceived barriers to offsite construction have lessened, but more efforts will need to be made to facilitate the shift. We surveyed a nationwide sample of 300 homebuilders in 2021, and 248 homebuilders in 2023 and asked them to describe in their own words what would push them to adopt offsite construction (modular, panelization, etc.).
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On February 27-29th, many Home Innovation staff, including Michelle and Katie from the NGBS Green Team, attended the 2024 International Builder’s Show (IBS) in Las Vegas, Nevada. Here are Katie’s takeaways of the Top 5 Green Building Trends from IBS 2024.
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2023 was NGBS Green’s strongest year yet, with over 88,000 homes certified. We saw growth in a number of program areas and we are incredibly proud of our NGBS Green Verifiers as well as the builders and developers who are committed to building better, more sustainable homes.
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Home Innovation Research Labs is achieving a significant milestone in its commitment to advancing product safety with the completion of a state-of-the-art fire testing lab. Scheduled for an official opening in May 2024, this facility represents a substantial investment in research and development to enhance the safety and fire resistance of building materials and systems.
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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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Over the past few years, Home Innovation has conducted numerous studies to track the adoption of offsite technologies, identify and remove specific barriers, and create solutions that enable the industry to make the shift. While perceived barriers are shrinking slightly, they are still very present. We surveyed a nationwide sample of 300 homebuilders in 2021, and 248 homebuilders in 2023 and asked them to describe in their own words what’s keeping them from adopting offsite construction (modular, panelization, etc.).
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