Real estate apps and websites, video home tours, and augmented reality are all options homebuyers would use in their property search, according to Bank of America’s 2018 Homebuyer Insights Report.
Consumers in Austin and Dallas-Fort Worth were asked about what types of emerging technology they think will be common in the next 10 years.
- Three out of four believe smart home and energy-efficient features will be standard in new construction.
- More than half believe mortgage applications will be entirely paperless.
- One in four believe open houses will only be through virtual reality.
- About 6% believe all appraisals will be done via drones.