Today is an era that is dominated by technology. So is the real estate industry cashing in on this? Recently, an event was held which attracted more than 75,000 home builders and designers. All these skilled individuals came to one conclusion. The financial crisis was caused by housing, and only housing can help in recovery. How is this possible? The participants identified ways in which housing is changing and leading to a better future.
Smarter and More Efficient Technology
Technology has affected every industry and the same can be said for the real estate industry. From multiple online listings to home automation solutions, there is no sector which technology has not revolutionized. So what do most of these new products help us with other than making our lives easier? They reduce our energy consumption and thus, bring down bills.
And it is not just about efficiency. The products are smarter in each and every way. Every heard of kitchen counters that can charge phones and dishwashers that show the remaining time on the floor? Just wait and you will actually see these in the market soon.
Who does not love luxury? As long as you can afford it, everyone loves to have a taste of it. In the pre-recession period, luxury meant granite counters and Roman tubs. Today, luxury means anything that is easier to implement, more accessible and more affordable.
Industry experts claim that today luxurious homes are all about customized elements, open floor plans and accent walls. Sounds simple, does it not? It actually is.
Cleaner and Simpler Designs
The new designing trends call for cleaner and simpler styles. White kitchens are considered epic, especially if they are inspired from the European designs. As for the ceilings, their height is being reduced to just around 9 to 10 feet.
A reputed designer stated that today people are adding a personalized touch into their homes and decorate it with a combination of modern and vintage furniture. They want unique lighting and beautifully patterned wallpapers to achieve the perfect look.
The environment has become a concern for many homeowners. A study states that over 80% want an energy efficient home even if they have to invest around $10,000 for it. Thus, going green has become important, but there are still some consumers who do not want to invest a significant amount for this.