Green Real Estate Scares in Washington region
The Washington Post-Express published an article on the availability of environmentally friendly real estate in the Washington D.C. metro area, especially in the condo market. The article suggests that the lack of green housing, especially in the condo market is due to low consumer demand:
"In order to find the perfect first condo, 26-year-old Gillette has enlisted Kiefer, who just launched Green D.C. Realty, a firm dedicated to the selling and buying of environmentally friendly properties. But the paucity of listings on his site (zero) and the difficulty Gillette has faced finding something that meets her standards (the Glover Park place didn't cut it — nor have the other 15 they've seen) reflect how far the Washington area has to go in greening its condo market.....
But without any vocal demand from the public for green properties, and without a concrete definition of what green really is, developers have been hesitant to embrace the available options."
See the whole article here: WaPo