Technology, the new green initiative, convenience, comfort, and energy efficiency are shaping the new home market.
What’s new in the new home market? Here are 5 Significant Trends:
1. Lighting – Traditional incandescents may be a thing of the past.
The Energy Independence and Security Act of 2007 directed the Department of Energy to set performance standards for general-service incandescent light bulbs to perform 25 to 35% more efficiently than current incandescent bulbs by 2012-14. Although the Act does not dictate what technologies can be used to meet its requirements, lighting professionals predict that only halogen, CFL, LEDs or some other new technology will be able to meet the standards.
To ready us for the changes ahead, ENERGY STAR’s Advanced Lighting Package (ALP) requirements encourage the use of the new lighting technologies. In order to sport the ALP designation, 60% of the fixtures used throughout the house and all ceiling fans must be ENERGY Star qualified.
New types of light bulbs are 75% more efficient than traditional incandescent bulbs.
2. Life Simplifying Solutions
In this day and age, we crave anything that simplifies our life (provided we can quickly learn how to operate it). Our job is to know that whatever our buyer’s desire to automate or remote control, there is quite likely some technology out there that will allow them to accomplish their goal. Having a reliable and customer-friendly home electronics professional on your team of subcontractors is important in today’s rapidly changing world.
Z-Wave equipped door locks can now be remotely and wirelessly controlled.
3. “Home Synthetic Home”
Manmade products that emulate wood, stone, slate, clay tile, natural stucco and other materials are primarily to thank for making it possible to have a Cape Cod in California, a Tuscan in Texas or a Pueblo in Pennsylvania. During the past decade, “Home Sweet Home” has quickly turned into “Home Synthetic Home”.
DaVinci Roofscapes products are fire-retardant and able to weather tough conditions from all climates throughout the year. They are made of 100% virgin resin and are 100% recyclable.
4. The Modern Movement
One way to gage what’s hot in home design is to look at the products being introduced by the lighting and hardware industries. A few years ago, when rustic designs were all the rage, everything was all about oil-rubbed bronze. Today, sleek, modern, minimalistic designs in chrome finishes complement the move toward contemporary design. Photo courtesy of Lee Lighting.
5. Cutting-edge Energy Efficiency
We’ve come far in recent years when it comes to advancements in energy efficiency, and we’ll go even further in 2010 and beyond. In particular, technology is under development to deliver solar power at prices competitive with coal-fired electricity.
The 2010 New American Home, built in Las Vegas for the International Builder’s Show, features a proprietary gas-powered heating and cooling system with a SEER rating of 18 combined with other energy-efficient features such as low-E windows, advanced insulation, vertical and horizontal solar overhangs and window louvers.
Contact your CENTURY 21 Judge Fite Agent to help you with your real estate needs.