More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research: “A
Home Automation Conveniences Attract Buyers
http://www.bondstreetloans.comThe rise in Millennial home buyers will inevitably change the items that promote faster and more lucrative home sales.
Consider trends over the past decades that have included conveniences such as built-in dishwashers, central air, energy efficient appliances and many others. As mechanical and technological advances move into the mainstream, prospective home buyers seek them out and favor properties that come tech ready.
While Millennial buyers have a vastly different world view than previous generations, Baby Boomers and Gen X homeowners are also enjoying the ease of technology. For many homeowners, automation equals convenience and improved quality of life. That’s why having the latest automation integrated into a home can make it a priority home on the market. These are some of the latest — let’s call them gadgets — that seem to be piquing the interest of today’s home buyers.
Automation Home Control Devices
The era of clap-on lights and voice-controlled systems has given way to smart technologies. Homes that are integrated with smart technologies are getting a leg up in the market and future-leaning companies are rolling out devices to fill the need.
A company called Nanoleaf is marketing a 12-sided remote that can be programed to automate and control an entire smart home. The Nanoleaf Remote is expected to interface with Apple Homekits to produce amazing home scenes and manage devices throughout the household.
If you saw the movie “Minority Report” starring Tom Cruise, you may remember him interacting with a 3D holographic interface. The new “Talon” smart ring hitting the market is a wearable smart remote that looks similar to the popular Fit Bits. It also interfaces with your home in a futuristic way and can automate most everything. The point is that smart homes are popular and complimentary devices will only make them more so.
Alexa Is The New BFF
Alexa became America’s best friend by providing everything from favorite music to voice-command Google searches. Alexa looks to be everyone’s BFF going forward and more and more home automation technologies are developed to directly connect with the little Echo Dot. iDevices’s new light switches can be brightened or dimmed via Alexa. Consider Alexa-driven automation.
Automated Home Security
In an era when security is frequently on people’s minds, things like motion detectors, security cameras and smart locks are looked upon more favorably when they are integrated into the home and fully automated. Homeowners are not looking to take on home security as an after-work task.
The Ring company, among others, is introducing everything from smart doorbells to outdoor lighting. When fully automated, security can be a huge boon for home sellers.
The Real Estate market remains competitive and seemingly small differences between properties can set them apart. Automation and smart-technology integration can be a game-changer in terms of days on the market and asking price.
Contact your trusted mortgage professional to get your financing pre-approved so you can be ready to make an offer on your new automated dream home.
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