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Solar Power Boosts Home Sales

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Filed: Country: Philippines
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Selling a home is easier now than in the darkest days of 2009, but not much. “For Sale” signs still litter yards across the country, fading in the sun. But out West, there's a glimmer of hope on that front—homes with solar photovoltaic panels installed on their roofs enjoy higher prices and stronger demand.

Researchers at Lawrence Berkeley National Laboratory looked at the prices of more than 70,000 homes sold throughout California between 2000 and 2009. Roughly 2,000 of those homes boasted photovoltaic systems for turning sunlight into electricity.

The average PV system boosted home prices by roughly $17,000. Real estate value is usually measured in dollars per square foot. But PV homes employ a new metric: dollars per watt. And PV homes enjoyed a premium of $4 to $6 per watt from installed photovoltaics.

Given that it costs an average of $5 per watt to install such a system, its good news that distributed generation trendsetters are at least making their money back. In fact, some in the vanguard of the clean energy revolution are even making a profit—and that may be the greatest spur to go solar yet.

—David Biello

http://www.scientificamerican.com/podcast/episode.cfm?id=solar-power-boosts-home-sales-11-05-01

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This is funny considering that house prices are down to unbelievable rates. Sure people are buying these houses but look at the overall picture here. This is in no way a victory for the green nuts. As it is now its not affordable for the average person to go the solar route with their own home.

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The decline in home prices stopped in 2009. Get yourself some new talking points, Homer.

Think before you post. Are you arguing that houses prices are not at a unbelievable low? House values are not rising.

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Filed: AOS (pnd) Country: Canada
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The decline in home prices stopped in 2009..

Uh, you might want to check your news feed again.

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Uh, you might want to check your news feed again.

I know in my neighborhood the only houses that are selling are on short sale. My neighbor has lowered her asking price twice in the last year and still nothing.

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Filed: AOS (pnd) Country: Canada
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I know in my neighborhood the only houses that are selling are on short sale. My neighbor has lowered her asking price twice in the last year and still nothing.

Most markets around the US have declining prices still.

Not as bad as it was, but still on the downturn.

nfrsig.jpg

The Great Canadian to Texas Transfer Timeline:

2/22/2010 - I-129F Packet Mailed

2/24/2010 - Packet Delivered to VSC

2/26/2010 - VSC Cashed Filing Fee

3/04/2010 - NOA1 Received!

8/14/2010 - Touched!

10/04/2010 - NOA2 Received!

10/25/2010 - Packet 3 Received!

02/07/2011 - Medical!

03/15/2011 - Interview in Montreal! - Approved!!!

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Most markets around the US have declining prices still.

Not as bad as it was, but still on the downturn.

That is what I thought, I hadn't really looked into it on a national level but that has been my personal experience.

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