Technology is becoming far more pervasive in today’s world; it’s becoming an omnipresent force that guides so many facets of our day to day lives. There was a time when the Internet was considered a novelty, and smart phones were non-existent; today technology has influenced a wide range of industries, including the homes we live in. If you’re unfamiliar with Smart Homes, it’s yet another example of how technology is changing the way we live. Smart homes are changing the housing dynamic; home buyers are demanding conveniences that were previously marketed towards those with disabilities, like ramps for those who are wheelchair bound or bathroom fixtures intended for those who are disabled.
SMART PHONES DRIVE SMART HOME SALES
As smart phones, and the apps created for them, continue to rise in popularity, many homebuilders are finding creative ways to market these technology-infused homes to consumers. So, what does a smart home consist of? According to affiliatedork.com, many of these homes are designed to work synergistically with your smart phone; the technology allows homeowners the luxury of controlling their thermostats, lighting, opening and closing doors, and a host of other tasks that were previously done manually. It’s believed that these types of homes will soon become the standard; certain studies have shown that within the next 30 years, nearly all homes will be equipped with some variation of smart technology.
A huge proponent of smart home technology is TDL Ventures President, Todd Lubar; he is a technology enthusiast who believes that smart homes have a bright future in the world of real estate. Lubar is a Syracuse University alumnus, who earned his B.A. in speech communication in 1995 and is a well-regarded real estate professional in the Baltimore area. Lubar is hoping to leverage Baltimore’s lower cost of living as a way to incentivize young technology minded people to purchase homes. Lubar has invested in several unused structures in Baltimore and has converted them into smart homes; he believes that this emerging market has a bright future, especially amongst millennials. Technology is advancing at breakneck speeds; what was once considered the stuff of science fiction, is quickly becoming a reality in today’s world, and reveals hackronym.com. So, it’s not surprising that Lubar, a real estate professional with an affinity for technology, would be interested in this emerging market.