Real estate is one of the most adventurous roller coasters one can ride. However, as the real estate market picks up steam, so are advances in technology. These advances will completely reshape what the standard in the real estate industry really is. What will in-home technology look like? What will artificial intelligence look like inside most people's homes? Will exterior weather-proof technology finally take off in South Florida? There are a myriad of questions that need to be answered with the role of technology in real estate.
Aspiring and current home owners will of course benefit greatly from the advancement. However, real estate developers will have been on the front lines of this market shift. This will give so many more options to those looking for homes. For those current home owners, it will give you vast opportunities to revamp your home into a tech-savvy estate. From new improvements with solar panels, to the unyielding advancement of A.I., new technology in homes will be such a s[spectacle to witness over the next coming years.
So, what exactly does this mean for the future and how soon can we start seeing significant advancement in home tech? Well, according to Forbes, by the year 2025, up and coming markets (with growing tech industries) will have 60% of global construction development. Furthermore, by 2025 there will be 37 “mega-cities”, up from 23 today, and 12 of these will be in emerging markets, several being in the state of Florida. Southwest Florida will own quite a share of this new growth, particularly in the Sarasota market.
Now is the time to buy a home to prepare it for what's to come in the future. Take advantage of the marketing today to secure the possibilities of tomorrow—because in just a few years the possibilities will be absolutely endless. Developers, investors and home-buyers will be playing on a completely different playing field than in today’s market. The projections that we see for tech advancement are continuously going up, and it is not projected to change anytime soon.
Posted by Andree Huffine, Sarasota Realtor on
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