Green Building to Balloon to $173.5 Billion
The most recent issue of EL Insights reports that the U.S. green building market value will jump from $71.1 billion now to $173 billion by 2015.

Commercial green building is expected to grow by 18.1 percent annually during the same time period, from $35.6 billion to $81.8 billion.

In the report, green building is defined as development with resource use and employee productivity in mind. The high project growth is attributed to a growing recognition of green building's potential cost savings and incentives from the government, like the multi-million dollar Sustainable Communities Challenge Planning Grant program and the Sustainable Communities Regional Planning Grant program.

Green renovation is also expected to be a major part of future green building, largely due to government projects like the Recovery through Retrofit initiative, which offers $80 billion in energy and environmental retrofits for federal buildings.

Green building growth will create many changes in the greater building market, according to EL Insights. For example, construction workers will increasingly pursue green training programs, companies will spend more money on green building technology, and homes with green features will do better on the real estate market. These changes will lead to cost savings for building and home owners, who will benefit from lower energy and heating bills.

Source: Fast Company, Ariel Schwartz (07/10)

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The 15 strongest U.S. metros

By Prashant Gopal of BusinessWeek

Employment and economic muscle

Federal Reserve Chairman Ben Bernankemight think the country is out of the recession, but unemployment is rising from Connecticut to California and banks are taking possession of a growing share of American homes. But some metros across the nation have managed to stay out of the recession's path and could now be poised for recovery. Using data and analysis from the Brookings Institution's new MetroMonitor study, BusinessWeek.com ranked the nation's top 40 economies based on job growth, employment, economic growth and home prices. And Texas seems to be the clear winner, with San Antonio at the top of the list and five metros in the top 10. To see which metros made the list, read on.

The Brookings Institution ranked the 100 largest metros by averaging the ranks for four key indicators: employment change, unemployment change, gross metropolitan product and home price change. Employment was measured by the change from the peak quarter for each metro to the second quarter of 2009. The peak was the quarter in which the metro had the most jobs during the past five years. Unemployment was ranked by measuring the percentage-point change from the first quarter of 2009 to the second quarter of 2009. Gross metropolitan product was measured from the peak quarter to the second quarter of 2009. And the ranking of home prices compared the second quarter of 2009 to the previous quarter. The employment data were provided by Moody's Economy.com, the unemployment data were collected from the U.S. Bureau of Labor Statistics, and the home price index came from the Federal Housing Finance Agency.

Source: The Brookings Institution's MetroMonitor

View the entire list of the 40 strongest U.S. metro economieson BusinessWeek.com.

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Counting my blessings for the motivated buyer crossing my path this Labor Day Weekend.

Literally looked @ 1 home 20 minutes and offered. Gotta luv it.