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Feb 08, 2010 02:22 PM
By Home Experts Team

Even amenities and privacy don’t make these communities immune to the economy

Of all the states and all the regions in the country, would your first guess for the “most expensive zip code” be an area in New Jersey? Mine wasn’t. But after checking out Forbes’ 2009 report on the most expensive zip codes in the country, it seems that 07620 – Alpine, NJ – is the winner. Adjacent to Manhattan, this small (2,400 residents) community is on the Hudson and features some celebrity homeowners like Sean Combs and Stevie Wonder. Using Forbes interactive maps, you can see that three areas really dominate the most expensive zip codes – California, New York and New Jersey.

With a median home cost of four million dollars, this neighborhood clearly boasts some of the largest and most luxurious homes around. According to the residents, they’re willing to pay for it because of the privacy, the lack of commercialism and the fact that more than 50 percent of the land is reserved for parks.

Alpine and others like it weren’t immune to the economic issues of 2009, though. Alpine’s median home prices fell 23% over the past year, as did Atherton, CA, Forbes second place finisher. Unlike less expensive neighborhoods, the high-priced zip codes median home price declines aren’t fueled by foreclosures, according to Forbes. Simply, they are a result of gun-shy buyers who are waiting for the luxury market to hit rock bottom.

Pockets here and there fared well, like Duarte, California – zip code 91008. Duarte showed some marginal increase. A place attractive to wealthy retirees for its sense of community and beauty, Duarte is near Palo Alto and bordered to the north by the San Gabriel mountains.

What makes some neighborhoods or towns so much more desirable than others? Available amenities, proximity to culture, privacy and green space seem to rise to the top. I guess if you’re living in one of those zip codes already, the more typical items like good schools and a sense of community are already a given.

Here are the top 10 zip codes, their median home price and the median price change

1. 07620 Alpine, N.J. $4,139,041 -23%

2. 94027 Atherton, Calif. $3,849,133 -26%

3. 10014 New York, N.Y. $3,521,514 -24%

4. 91008 Duarte, Calif. $3,444,773 18%

5. 90210 Beverly Hills, Calif. $3,367,167 -5%

6. 92067 Rancho Santa Fe, Calif. $3,362,493 -12%

7. 93108 Santa Barbara, Calif. $3,284,652 -9%

8. 94024 Los Altos Hills, Calif. $3,277,500 4%

9. 10065 New York, N.Y. $3,176,534 -10%

10. 07926 Brookside, N.J. $3,121,115 17%

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Feb 05, 2010 11:43 AM
By Home Experts Team

Industry Insider

As many of you know, the Home Intel team spent several days in Las Vegas for the 2010 International Builders’ Show a few weeks ago. While we were at the show, we talked to representatives from a few of the industry’s top brands about their outlook for 2010.

Check out their insights in the following video clip. We’re happy to hear that many people seem to be cautiously optimistic.

We’d love to hear your thoughts too, so feel free to send us your expert opinion.

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Feb 04, 2010 01:43 PM
By Home Experts Team

Anniversary: the annual recurrence of a date marking a notable event.

Notable events can range from high school graduation dates to a married couple’s wedding date; nonetheless, the occasion brings forth a means to recognize and celebrate the experience. In corporate America, the anniversary of a company or organization’s commencement is also identified. In most cases these anniversaries are strategically announced and commemorated. From a marketing standpoint, the appropriate messaging and activities surrounding an anniversary present an opportunity to showcase growth and success over the years.

This week, our Home Intel experts examined some recent remarkable anniversaries, and the approach surrounding their announcements.

Macy’s 150th Year Anniversary

Macy’s celebrated its 150th Year Anniversary on October 28, 2008. The establishment marked its milestone with a month-long celebration. The festivities included two New Orleans store openings, customer shopping events and a fashion-industry gala.  The approach of Macy’s bold and innovative events creates tremendous buzz for the company as a whole, and generated incredible awareness of its 150-year milestone.

Black & Decker 100th Year Anniversary

Black & Decker (IMRE client) will celebrate its official 100th Year Anniversary in September 2010. Last month, Black & Decker, a leader in delivering innovative consumer products, launched an all-new microsite to kick off its anniversary. The Web site was announced via national press release and offers consumers a timeline of milestone events, a comparison of products from conception to their modern form, and interactive opportunities for its visitors to play games, offer feedback, and more. This strategy is part of an innovative social online initiative to spread awareness and generate buzz about the company and its notable milestones over the years. Amidst a changing media landscape, Black & Decker’s strategic implementation of an online microsite showcases its contemporary approach to technology.

Check in next week for Home Intel’s key recommendations for a successful integrated, anniversary marketing campaign, no matter what size!

Courtesy of Black & Decker

Courtesy of Black & Decker

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Feb 04, 2010 01:35 PM
By Home Experts Team

 

Courtesy of GE

Courtesy of GE

At a time when our nation’s carbon footprint is of highest concern, discussions have been raised about a system that will reduce our carbon emissions and create better energy management over time. The solution: smart grid. Think of the smart grid as an update to our current electrical grids, the network that delivers electricity from suppliers to consumers.

Today, much of the energy on electrical grids comes from generating plants that obtain power from traditional resources such as coal, nuclear and hydroelectric dams. The problem is that this system is responsible for over 40% of America’s carbon footprint. To aid in the reduction of these carbon emissions today, we’ve begun to switch over to renewable energy sources such as sun, wind and geothermal power. However, these sources are not available at all times, cannot be stored and are then often wasted.

The smart grid is the forward thinking upgrade to the current grid system. Using digital technology, the smart grid tracks power usage with smart meters and adjusts energy prices depending on the availability of sources. How do they do this? These smart meters send information on power use and frequency load changes to electricity suppliers via wireless networks. Meters will then adjust prices based on the availability of energy sources, so in times when renewable energy sources are limited, prices will go up.

In theory, the smart grid will have a direct impact on people’s usage habits. For example, smart grid technologies have capabilities of alerting consumers during peak times of energy consumption from their smart meters. By reducing energy consumption at this those times, consumers will them save money on their electric bills. As more and more consumers conserve, the pressure to produce energy during peak times (the most expensive and polluting) goes down.

One blogger explains the benefits of the smart grid in terms that any consumer could understand:

“The goal of a smart grid is to collect and provide the optimal amount of information 
necessary for customers, distributors and generators to change their behavior in a way 
that reduces system demands and costs, increases energy efficiency, optimally allocates
 and matches demand and resources to meet that demand, and increases the reliability of
 the grid. The social benefits of a smart grid are reduced emissions, lower costs, increased
 reliability, greater security and flexibility to accommodate new energy technologies, 
including renewable, intermittent and distributed sources.”


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Jan 29, 2010 08:38 AM
By Home Experts Team

Weekly Intel

Check out a few posts from around the Web this week. Enjoy!

Exhibitors on Twitter at the 2010 Builders’ Show

Housing Crisis and Energy a Factor in President Obama’s State of the Union

Method Products Introduces a Green Detergent

Social Media Marketing: How Pepsi Got it Right

Home Sizes Continue to Shrink - Check out our interview with award winning author, Sarah Susanka

Stainless Steel Appliances - Out for 2010?

Parson’s Students Shrug Off Apple’s iPad: No Camera, No Creativity

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Jan 29, 2010 08:20 AM
By Home Experts Team

While there were undertones of Haiti and the Massachusetts election on the IBS show floor, the overwhelming attitude was one of renewed optimism — something we haven’t seen at IBS for several years.

We interviewed leading manufacturers in a range of categories serving all aspects of the home to hear first-hand whether the outlook for 2010 should be categorized as positive, negative or neutral.  Cautious optimism is the best way to summarize the tone from marketing command centers across the show floor.  

The majority pointed to improvements in consumer attitudes and a lift in residential, while commercial will continue to lag. Others predict the positive trend for residential will come, but not until the back half of the year. Several manufacturers cited diversified customer bases as the key to navigating down markets and prevailing in 2010.

When asked about new customer demands, we confirmed our belief that homeowners are, on one hand, actively seeking value and are, on the other hand, acutely interested in energy efficiency and other proof points of sustainability that directly benefit them.

For images from the show, check out the below slideshow. Next up….KBIS!

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Jan 21, 2010 03:58 PM
By Green Experts Team

Will wind turbines win the hearts of governments and community members any time soon?

 

Compliments of Wind Energy 7

Compliments of Wind Energy 7

A couple of weeks ago we shared a post on solar energy. Today we’re taking a look at another type of renewable energy - wind power. What do wind and solar power have in common? We’ll they’re two of the best options we have to reduce our dependency on oil. But their second common denominator is that they both require heavy duty most homeowners (and their neighbors) aren’t too keen on. The truth is, wind power has a lot of obstacles to overcome before it will save the day and ward off global warming.

A recent article on WashingtonPost.com examines a study released by the Energy Department on Wednesday, 1/19, and identifies the wind power theory as one that has potential. However, many obstacles need to be overcome.

1. We need a larger power grid. Without it, there’s no way to deal with a back up of energy. Our current system would leave mass quantities of wind power to waste, unable to process the power the latest, most advanced wind turbines can produce.

2. Where to put the wind turbines? On a national level, governing bodies are fighting over which regions should be used for wind power generation. On a local level, community boards and smaller governing bodies are debating whether or not wind turbines have a place in suburbia.

Earlier this week in Austin, TX a wind turbine ordinance, allowing the machinery to be set up in most city zoning districts including residential areas, failed to pass by a hair. The ordinance will be revisited for voting in February and Austin government officials are hoping some worried community members will see the turbines as a long-term solution, as opposed to an eye sore.

A similar story of citizens vetoing the benefits of turbines in their neighbors’ yards, on account of aesthetics, was recently reported in Omaha. Two concerned citizens planned to install wind turbines in their yards for power collection for personal use when their community prevented the build. Now Omaha governing officials are working to modify codes to allow for such installations.

But wind turbines aren’t being denied in all cities. Some determined homeowners are looking for ways around the use of turbines in particular, with the installation of both of these turbine styles.

Though turbines might not be the most beautiful structures in the suburban world, we encourage homeowners to look at images such as this one and try to envision wind turbines as a majestic source of renewable energy that are an important tool in the world’s arsenal to create something beautiful – a cleaner environment.

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Jan 20, 2010 01:38 PM
By Green Experts Team

At Home Intel one message we’re always trying to communicate is buy green beyond the product. There are a number of companies with environmentally friendly operating practices and initiatives, and by supporting them you’re reaffirming the “green” lifestyle.


With more companies and corporate bodies adopting green and sustainable practices TriplePundit is calling on its readers to vote and help them identify the “Top Sustainable CEOs.”


TriplePundit readers nominated CEOs for the running, and TriplePundit has narrowed it down to a list of 37 names from a range of companies. Among the list are CEOs from the home and building category including Lee Scott, (former CEO) Walmart, Whole Foods, Steve Roell, Johnson Controls, Ray Anderson (Former CEO), Interface Carpet (client) and Brian Walker, Herman Miller.


Cast your vote on TriplePundit.com.

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Jan 19, 2010 07:45 PM
By Christine Costa, Green Editorial Manager

If you’re a marketer, or a conscientious citizen for that matter, chances are sustainability is a consideration everyday. So, in preparation for the year ahead, I’ve identified my top three words to live by to ensure fruitful campaigns and a sustainable future.

 

Complements of ttoes.wordpress.com

Complements of ttoes.wordpress.com


Be Transparent:

In the wake of Wal-Mart’s 2009 announcement about their Sustainability Product Index that will require all suppliers to disclose data about material efficiency, natural resources, energy use and employees – I am willing to bet this year, CMOs, COOs and Sustainability Officers will be hustling to identify plans to achieve full transparency. Author and Sustainability Leader, Andrew Winston said it beautifully in a Harvard Business Review article on the very subject, “let’s be clear: this kind of sustainability data collection is good for business, and it’s definitely good for Wal-Mart. And while it may seem like a total pain to suppliers, it will be good for them as well. The logic is simple: knowing your business better makes it easier to find hidden value.” Growing retailer and consumer demands for transparency have spurred new trends like full Life Cycle Assessments (LCA) and Building Information Modeling (BIM) Initiatives like these not only promise transparency, but also increased authenticity across marketing communications efforts and new product development. Deloitte published a white paper on this very subject that’s worth a read: Lifecycle Assessment: Where is it on your sustainability agenda?

Aim for Specificity:

The fear of greenwashing, the rise of the Greenwashing Index and the criticism of many big brand’s “Green” campaigns can be chalked up to one serious flaw: everyone is rallying around a word that has no true definition. We should have listened to Kermit from the start when he famously said, “It’s not easy being green.” Now that new systems for data collection are finally being put into place like LCA and BIM, environmental responsibility can be quantified – something green never had going for it. Expect to see new terms, that have data to back them up, like “cradle to cradle,” low VOC and net-zero to be on the rise this year. To help support clear, specific messaging more brands are likely to treat environmental attributes much like the food industry does with ingredient disclosure and nutrition labeling – listing everything that goes into the product and what it’s affect on the consumer will be. This is a concept SC Johnson has already began to explore – many more brands are sure to follow.

 

Prepare for Adaptation

According to the environmental protection agency, Global Climate Change is may result from: natural factors, such as changes in the sun’s intensity or slow changes in the Earth’s orbit around the sun; natural processes within the climate system (e.g. changes in ocean circulation); or human activities that change the atmosphere’s composition and the land surface (e.g. deforestation, reforestation, urbanization, desertification, etc.) ozone, perfluorinated carbons, and hydrofluorocarbons. No matter what’s is causing Global Climate Change, its happening – and faster than scientists first predicted. So as hard as we try to reach net-zero without having to significantly change are lifestyles, we’re realizing it’s probably not going to be good enough. Leaders like Sarah Susanka are leading the charge to adapt with her “not so big philosophy” and the economy has jumpstarted a trends from luxury to moderation – with more meals at home, smaller cars and a return to the outdoors as opposed to the manmade – Glacier National Park saw visitors increase 12% in 2009 and Yellowstone reached an all time high of 3.3 million visitors pass through the park. It’s a good thing we are beginning to adapt because the environment will begin to demand it. According to Union of Concerned Scientists, Sea level could rise by 3.5 to 34.6 inches between 1990 and 2100, making coastal groundwater saltier, endangering wetlands, and inundating valuable land and coastal communities; changes in precipitation patterns could cause increased droughts and reduced water supply across the globe; severe stress on forests for rapid and greater warming; and serious human health impacts, such as from increasing heat stress, worsening air pollution, declining water quality, and the spread of infectious diseases into regions previously free from them.

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Jan 17, 2010 06:38 PM
By Home Experts Team

1013-45_banner_home_livecoverage

This week, the Home Intel team is heading to Las Vegas for the International Builder’s Show. Its hard to believe that its already here, but we’re excited to hit the floor and report on the latest products and trends from the industry’s top manufacturers.

Check in daily for updates from the show. We’ll be capturing highlights below and on our Twitter feed - @homeintel.


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