A Texas home sold for $ 300,000 above demand, and it was still a close race.
A Boston couple visited about 100 homes in one year. Their only winning bid was $ 90,000 on request.
A house in Seattle valued at $ 745,000 and sold for $ 125 million. The buyer didn’t even see it in person.
Welcome to America’s Crazy Real Estate Market.
Everyone has the chance to take a break here. But even if you’re sitting on the sidelines, one of the best stocks to buy is now offering backdoor play with 192% potential.
As stories like these – and hundreds more – strike home, the real “winner” of this speculative frenzy slips into the shadows. This is far from the headlines and far from the traditional investment “radar”.
House prices are clearly rising. But there is a disconnect between these prices and their true “value”.
When this happens, a home may not be a wise investment.
And yet a “smart” home – a living, breathing “data” organism that you can command and control from your smartphone screen – can be a brilliant gesture.
This is true for home buyers … and for investors like you and me.
Just a few years ago, we spoke of “smart homes” in the same context as flying cars, robotic taxis, drone races and robotic soldiers. These innovations were lively and cool to tell, but they really were still things of “tomorrow”.
But in the blink of an eye, smart homes become normal. Thirty millennials are settling down with families, and the most numerous and tech-savvy Gen Z are just behind.
Soon, a smart home will simply be “home”.
Innovation leads to opportunity – and there is a business that we believe will benefit greatly.
In fact, we believe the shares of this company could triple in the next 12 months.
And the stock will go even higher from there.
If you take some of these actions today, you will look back and see that you made a “smart” move.
It can even finance your own home.
The real trend behind real estate demand
Another way to refer to smart homes could be the Internet of Things (IoT). This market is only worth $ 690 billion in 2019, but is on track to reach $ 1.2 trillion by 2025.
This represents a 73% growth in just six years. And it’s likely to get worse over the next decade.
The IoT represents a push towards connectivity between different everyday objects on the Internet.
For example, imagine programming your phone to alert your ceiling fan to turn on at a certain time to keep you cool at night.
Have you ever had the throbbing sensation of leaving the garage door open or the oven on? Go to your smart home app and close the garage from miles away.
Imagine that your coffee maker starts to brew as soon as you turn off your alarm clock. Or, imagine your thermostat kicking the heat when it senses your car in the driveway.
If that sounds too much like science fiction, “Alexa, turn up the thermostat” is one thing now.
As you can see, such technological improvements make life easier for homeowners. And this market is growing rapidly.
The IoT will come together to create the full “smart home” experience in no time, where everything basically communicates with everything else.
This company offers exactly that. It’s only just getting started, but it’s likely to draw on a whole ecosystem of smart devices over the next few years.
It could be like buying Tesla for $ 50.
Here is the growth stock with a potential of 192% this year …
The best smart home stock to buy
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About the Author
Mike Stenger, associate editor for Silver morning to Money Map Press, a graduate of the Perdue School of Business at Salisbury University. He combined his degree in economics with an interest in emerging technologies by finding where technology and finance overlap. Today, he studies the cybersecurity, AI, streaming and cloud industry.
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