PodcastConsumer and Home Design Trends

Fireside Chat with Lennar and Ring

Shelly_Chen_web
Dean_Wehrli_web

Shelly Chen

Dean Wehrli

June 3, 2021

Ring doorbell cameras do everything from help us feel to safer to help us find a lost pets. Home technology, like Ring, has dramatically changed the way we live, making the home experience simpler and more connected. Listen to this podcast where we chat with Jamie Siminoff, inventor of Ring, and Eric Feder, Managing General Partner of LENx (Lennar’s innovation and venture capital investing arm), about the benefits of integrating technology in the home. Keep reading below for some of their key takeaways.

Featured guest

Eric Feder, Managing General Partner, LENx at Lennar

Jamie Siminoff, Founder and Chief Inventor, Ring

The Connected Home

  • The home is more than just an asset, it is like another family member. The home serves multiple functions, especially recently: home office, home gym, etc.
 
  • Technology like Ring and Flo by Moen give consumers full control and monitoring capabilities over their homes. It allows consumers to get ahead of problems, such as water leaks.

The Consumer Experience

  • Good technology is meaningful technology. Do not create technology for technology’s sake.
 
  • Good technology works in the background and seamlessly makes life easier.
 
  • Keep technology simple in order to appeal to a wide audience. Ring helps consumers avoid “app fatigue” by serving as a streamlined platform for various uses.

The Future

  • Technology like Ring and the suite of apps that LENx provides is going to be the new standard in home building.
 
  • Innovation is ongoing. For instance, look out for Ring’s upcoming drone camera, which will help ensure privacy as well as security.

This episode is part of our monthly mini-event webinar series exclusive to members of the New Home Trends Institute.

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About The Author

Shelly Chen
Research Analyst II
Shelly is responsible for working on various research projects as it relates to residential for-sale, including supporting our Burns Home Builder Analysis and Forecast report.
Dean Wehrli
Principal
Dean helps housing sector clients figure out not just what might work and what might not, but why.

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