Elevate your real estate success at Inman On Tour: Nashville! Connect with industry leaders and top speakers to gain insights, strategies, and connections. Achieve your boldest goals with Music City magic. Register now.
Brad Hargreaves, founder and editor of “Thesis Driven,” focuses on companies and products impacting residential real estate.
At Inman Connect New York, Hargreaves shared his thoughts on six technologies shaping residential real estate’s future.
TAKE THE INMAN INTEL INDEX SURVEY FOR JANUARY
Hargreaves highlighted the following technologies in his talk “How Technology is Shaping the Future of Residential Development.”
Home equity agreements
Companies are emerging to help homeowners tap into their home equity for affordable homebuying. Point, Acre, Unlock, and Unison are examples.
These companies offer various options for homeowners to access their home equity.
AI models addressing litigation
Companies like Realstar.AI, TurboHome, and Sidekick are using AI to enhance real estate transactions.
These AI models aim to make agents more efficient and effective.
ADUs
Accessory Dwelling Units (ADUs) have gained popularity on the West Coast due to regulatory changes. Companies are dedicated to selling ADUs and Amazon even sells tiny houses.
AI tools for property development
AI tools like PermitFlow, Testfit, and GoSource are helping developers envision and build new properties efficiently.
Advancements in off-grid living
Technologies like Starlink, improved battery power, and solar energy are making off-grid living more feasible for homeowners.
Driverless vehicles
While the hype around driverless vehicles was premature, advancements are being made in this technology.
Waymo has established itself as a frontrunner in the industry, with a significant presence in major cities like San Francisco, Phoenix, Los Angeles, and Austin. The company’s autonomous cars are now a common sight on the roads, offering a superior experience compared to traditional ride-sharing services like Uber and Lyft. With lower accident rates and expanding market share, Waymo is changing the way people think about transportation, especially for parents concerned about their children’s safety. The emergence of Waymo presents a new option for families looking for a reliable and secure way to get around, offering a promising alternative to traditional ride-sharing services.