The future of lighting

Wi-Fi-connected, long-lasting LED bulbs are breaking ground in the lighting industry. Instead of flipping a switch, one day you may just need to flip an app on your smartphone or tablet.

These bulbs not only aim to smarten up lighting in homes with “mood” lighting, but also provide another option to those who may not be fans of the “uninviting” light that standard energy-saving LED, compact fluorescent, and halogen bulbs put out.

Smart bulbs are not only energy efficient but they can be controlled by a person’s smartphone and offer different lighting settings that can be set to your mood.

One debut from Philips — the Hue smart bulb – lets you control your wireless lighting from an app on a smartphone or tablet. You can dim the lights and even use different color lighting schemes to serve as mood lighting. The bulbs also come with preset lighting settings that aim to help you better concentrate, read, or relax too.

Belkin’s WeMo Smart LED Bulb — a 60-watt equivalent LED bulb — also got a lot of attention at this year’s CES. It works with an app for IOS and Android smartphones, and the bulbs can last up to 23 years. The bulbs are fully dimmable and can be scheduled to dim at certain times. For example, you can set the lights to gradually dim as you fall asleep. The lights emit a warm white light that is more similar to incandescent bulbs.

Lumen Smart Bulb can turn on when it just senses your mere presence 50 feet away. It can also be set to flash the lights to alert you about an incoming phone call.

But one big barrier smart bulbs may still need to overcome before heading mainstream: The cost. Smart bulbs aren’t cheap, especially compared to other lighting options. For example, Lumen’s smart bulbs are about $70 each, and Belkin’s WeMo Smart LED Bulbs sell for about $39.99 each.

But could this be the future of lighting? Several manufacturers believe smart bulbs could also pave the way for a fully connected home from your smartphone — one that encompasses all your appliances and home’s systems, not just your lights.

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JULY HOME PRICES SOAR

The housing market continues its march forward, as home prices nationwide increased by 12.4 percent year-over-year in July when compared to a year prior. This boost is the 17th consecutive monthly year-over-year boost, with prices up 1.8 percent between June and July 2013. Excluding distressed sales, home prices increased on a year-over-year basis by 11.4 percent in July 2013 compared to July 2012. On a month-over-month basis, excluding distressed sales, home prices increased 1.7 percent in July 2013 compared to June 2013. Distressed sales include short sales and real estate owned (REO) transactions.

What could be bringing more buyers into the fold?

Boomerang buyers who are currently renting because they had a short sale or foreclosure in the past 2-3 years but are now eligible to purchase again.

The fact that interest rates are going up a little creates a sense of urgency among buyers. Even though prices have increased 25 percent in the past 12 months, it’s still an affordable market. We’re in a recovering market, but if you wait another year or two, you might be kicking yourself.

For information on buying a home or condo visit FindNewOrleansProperties.com

BUYERS WANT TO BUY BEFORE RATES GO UP!

AREN'T THEY PRETTY?

I love the cottages in New Orleans. Some features of this style of house are thought to be influences from places in France's former colonial empire. The front porches are believed to originate from the Caribbean islands. The high gabled roof is thought to be of French Canadian origin.

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BUYERS WANT TO BUY BEFORE RATES GO UP!

May Pending Home Sales Highest in Six Years - Buyers   Want to Buy before Rates Go Up!

Pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise. Contract activity is at the strongest pace since December 2006 when it reached 112.8; pending sales have been above year-ago levels for the past 25 months.

Existing-home sales are projected to increase 8.5 to 9.0 percent, reaching about 5.07 million in 2013, the highest in seven years; it would be slightly above the 5.03 million totals recorded in 2007.
Learn more about buying real estate in New Orleans, New Orleans Homes and Condos

DID YOU KNOW?

The Degas Historic Home, Courtyard, & Inn offers daily tours to give visitors a first hand look into Edgar Degas’ life in New Orleans. The tour includes exploring both houses, the surrounding Creole Neighborhood of Treme, and viewing the award-winning film “Degas in New Orleans, a Creole Sojourn”.