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Brad Hargreaves, founder and editor of “Thesis Driven,” focuses on learning about companies and products impacting residential real estate.
During Inman Connect New York, Hargreaves shared insights on six new technologies shaping the future of residential real estate.
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These technologies, highlighted by Hargreaves in a talk titled “How Technology is Shaping the Future of Residential Development,” range from practical to innovative.
Home equity agreements
Companies are emerging to help homeowners access their home equity for more affordable home buying. Hargreaves mentioned companies like Point, Acre, Unlock, and Unison addressing this market.
Each company offers unique methods for homeowners to tap into their home equity, providing different benefits and terms.
AI models for recent litigation
Various companies are introducing AI models and flat-fee agents to enhance the real estate market. Companies like Realstar.AI, TurboHome, and Sidekick are among those offering AI-powered solutions to improve agent effectiveness.
ADUs (Accessory Dwelling Units)
ADUs have gained popularity on the West Coast due to regulatory changes, providing homeowners with additional living spaces. Hargreaves highlighted the growth of ADU sales and construction, particularly in California.
AI tools for property development
AI tools are aiding developers in envisioning new properties, with platforms like PermitFlow and Testfit offering innovative solutions for property development. GoSource simplifies the process of finding construction materials.
Advancements in off the grid living
Technological advancements in internet, battery power, and solar energy are enabling off the grid living. Companies like Starlink offer internet solutions for remote areas, while improved battery technologies enhance power storage capabilities.
Driverless vehicles
Driverless vehicle technology is becoming a reality, with companies like Waymo leading the way. Hargreaves discussed the impact of autonomous vehicles on transportation and safety.
Contact Lillian Dickerson for more information.
