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Monday, October 2, 2017

Millennials Want Smart Homes

It’s no surprise that millennials want smart home technology, but a recent survey conducted by Wakefield Research has confirmed it. Their findings showed that 86 percent of millennials are willing to pay more for smart home technology. In fact, millennials are willing to pay an average of 20 percent more a month in order to secure a home with smart technology. They like electronic access, keyless locks, interconnected doorbells, mobile-controlled security systems, voice-activated assistants, and more. Wakefield Research also asked baby boomers to share their thoughts on smart homes. About 65 percent of baby boomers said that they would pay more for smart tech in their homes. It’s significantly less than 86 percent, but still a good chunk of the home buying and selling population.

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