In poor housing market fiber adds boost

Fiber is better than copper – at least when it comes to the value of houses. 

A survey found that buyers would spend an average of 0.8% more on a house that is outfitted with Fiber-to-the-Home (FTTH) technology. That equates to an average of over $2,300 more to purchase a home outfitted with fiber optics. This has made many real estate professionals pay attention in a time when many are offering cars, boats and vacations to add incentives for buyers.

The President of the FTTH Council, Joe Savage, explains the benefits of fiber:

“With more than 1.5 million homes now wired with fiber and growth in FTTH continuing to accelerate, we are starting to get an indication of how this high-bandwidth technology is changing our culture…These new online capabilities at home are giving them alternatives to long commutes and high gasoline prices, as well as new options with regard to where they live and how they conduct their work.”

Currently, there are only 2.91 million homes connected with end-to-end fiber in North America. 11.8 million homes have the ability to connect with FTTH according to a FTTH Council Press Release.

Fiber-to-the-Home Advanced Broadband 2007 (Report)

The Fiber of Life- Utilizing Faster, More Reliable Technology (RISMedia)

Growth of Fiber-to-the-Home Drives Teleworking, Home-Based Businesses (FTTH Council)

Fiber to the Home Connections Jump to Nearly Three Million as Next-Generation Broadband Deployment Continues (FTTH Council)