As home prices continue to get more affordable, a recent trend has seen the city embracing clean energy, which could make purchasing a home in the local housing market a healthy investment both physically and financially, the Atlanta Business Chronicle reports.
Atlanta-based developers have recently taken on a green initiative called the "Better Business Challenge." This initiative has tasked new-builds to be focused on the reduction of energy consumption, while turning to cleaner more efficient energy solutions.
The Better Business Challenge has some key goals, such as converting more than 2 million square feet of real estate space in downtown Atlanta into green-friendly buildings.
Meanwhile, a recent Home Price Index from CoreLogic shows that price of homes for sale in Atlanta have continued to become more affordable during the past year. According to the index, home prices in the city fell by 8.2 percent in November on a year-over-year basis.
As Atlanta strides to become more eco-friendly, alternative energy sources could cause cuts to monthly utility bills and make carbon emission tax credits more readily available to homeowners in the city.