AZBigMedia
Luxury houses may only make up a very small portion of the larger real estate industry, but much can be gleaned from studying the popular trends in the upper end of the market.
Luxury Real Estate: What’s Hot?
The economy is rocking and rolling, money is flowing, and the real estate market is red hot. This means innovation and design trends are rapidly evolving as well. And in the luxury portion of the market – which consists of homes that are priced well above the median sale price – a few trends stand out above the rest.
The explosion of Smart Home Technology
Smart home technology has really taken off over the past 18 to 24 months. There’s been a huge uptick in adoption rates for automated security systems, state of the art kitchen appliances, and smart entertainment systems. But the most interesting trend has been the growth of niche smart home products that can connect with other systems and provide a totally custom homeowner experience.