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Thursday, April 20, 2017

Smart Home may make it easier to sell real estate

Smart home technology may make it easier to sell homes and real estate, especially to younger audiences. A recent survey revealed that 86 percent of millennials are willing to spend more money to rent a place with smart home technology already implemented. If they’re willing to spend more on rent, it stands to reason they’re willing to spend more for a home purchase. That same survey found 65 percent of baby boomers are willing to spend more to rent a place with smart home technology. Although that number is significantly less, it’s still pretty substantial. If anything, it shows that smart home technology is quite popular these days. In fact, that 80 million smart home devices were delivered globally in 2016, which is a 64 percent increase from the prior year.

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