Thursday, June 2, 2011

Industry news round-up for June 2, 2011: Price of energy, home ...

The Price of Electricity
Marketplace
This interactive map shows average prices for residential and commercial electricity state by state. You can also compare 2011 prices to 2010 data. As pointed about by Daily 5 Remodel, Hawaii, Connecticut and New York are consistently expensive and North Dakota and Idaho are consistently the least expensive. Check out the map for more interesting data.

Home prices: ?Double-dip? confirmed
CNN Money
?Home prices hit another new low in the first quarter, down 5.1% from a year ago to levels not reached since 2002. It was the third straight quarterly drop for the S&P/Case-Shiller national home price index, which was released Tuesday.?

Hitting below the belt
Daily 5 Remodel
Editor Leah Thayer asks: ?All?s fair in business except ? well, what is unfair? Describe what constitutes hitting below the belt for you, and your response if this has happened to you.? Interesting discussion unfolds in the comments section.

Net-Zero Does Not Live by Design Alone: The Human Factor
BuildingGreen.com
?If you build it, they will plug. They will plug in drip coffee makers, halogen lamps, personal DVD players, aquariums, space heaters, and maybe even hair dryers. They will leave computers, lights, and printers on all night. How many of them will it take to screw in incandescent light bulbs before we realize that net-zero is not just about design??

The New Luxury
Marketing Home Products
?A significant finding in recent months concerns the effect the economic downturn has had on the wealthiest Americans and their purchases in the luxury category. Spending by wealthy Americans (those with annual household incomes above $200,000) has returned to pre-recession levels while spending by middle and low income Americans is still low. [...] But the rich aren?t spending their money in the same way they used to. A study by the Harrison Group found that the shopping behaviors of the affluent have become more price conscious. Even though many of these people didn?t lose their home or job during the recession, they saw how others were affected around them and have changed their habits because of it.?

Source: http://www.homeimprovementninja.com/2011/06/industry-news-round-up-for-june-2-2011-price-of-energy-home-price-double-dip-competitive-struggles-and-more/

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