Keeping Energy Performance in Mind When Buying a New Home
February 6th, 2012The American Dream has always been to become a property owner, which in modern times, means owning a home. But homeownership is increasingly becoming a challenge for the average American as the cost of new homes and new home construction continue to rise.
The average homeowner in the US pays 25 to 33 percent of their income on their home mortgage payment. Before the housing bubble burst, banks were letting homeowners buy homes with mortgages that accounted for 45 percent of their income. As a result, homeowners are having trouble paying for their homes. What’s more, other commodities used in the home …