AZBigMedia
With the many changes we’ve recently seen in real estate, we started thinking about how the industry will evolve during the next 10, or even 20, years. Below are a few interesting issues to think about when we look to the long-term future of the housing market and real estate profession.
Home Tech
A discussion of the future wouldn’t be complete without considering what’s next for technology. According to Statista, approximately 27.6 percent of U.S. households use some sort of Smart Home technology, and that number is expected to grow to more than 53 percent by 2023.
In the past five years, we’ve seen a surge in home tech, with builders starting to integrate technology like smart thermostats and doorbells into new home construction. Devices such as Alexa and Google Home are becoming commonplace, and even appliances are getting connected through mobile apps and voice controls. In the near future, these home systems and entertainment devices will be fully integrated through a single control panel or app.
