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Smart Home Technology

February 25, 2015 By Dario

home-smart-technologyConsumers of all generations value smart technology features in both their current and future homes.

  • 46% want homes equipped with smart home technology
  • 51% would consider installing home technology in their current home to make it more appealing to future home buyers.

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Millennials value smart technology more than other generations.

  • 10x more likely than Generation Xers to consider updating their homes using smart technology.
  • 70% believe it is important that smart home technology integrates with their smartphone.
  • Nearly half have energy management technology in their homes.

 

Source: ERA/HGTV Home Automation Survey

 

 

 

Filed Under: Everything Else, Tips Tagged With: energy management, home, millennials, smart, smartphone, technology

Millennials Looking Toward Homeownership

November 18, 2014 By Dario

Millennials-Looking-Toward-Homeownership

Though many millennials are now renting, buying a single-family house in the suburbs is still important to them.

Millennials Want To Buy A Home…

 

50% have a positive attitude toward the buying process

33% expect to buy a home within 5 years

60% think privacy is more important than equity/investment.

 

….. And Move Out Of The City
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67% prefer single-family homes

41% want a suburban location

40% want a larger tract of land

46% plan to buy locally in the county in which they reside

 

Source: 2014 CAR Millennial Survey

Filed Under: Everything Else, Tips Tagged With: buy, home, homeownership, land, millennials, single-family, suburban

Glad to live in San Diego

October 29, 2014 By Dario

1. This 1 bedroom apartment in Greenwich Village for $3,225/month…You know working fireplaces are expensive.

Greenwich-Village-1br

Source: craigslist

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Same rent in Downtown San Diego gets you this…

San-Diego-DT-Apartment

Source: craigslist

Filed Under: Everything Else, News Tagged With: compare, downtown, New York, prices, rent, san diego

Home Is Never Far Away

August 29, 2014 By Dario

Home-is-never-far-awayThe majority of renters who plan to purchase a home soon don’t expect to move far when they do. More than half will stay in the same county, if not the same neighborhood.

Where will they live?

  • 41% In same county where currently reside

  • 23% Don’t know

  • 14% In same neighborhood as current residence

  • 11% In another county in California

  • 10% In another state

  • 1% In another country

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Do renters plan to use a REALTOR when they buy a home?

  • 56% Yes

  • 36% Dont know

  • 8% No

Source: CAR 2013 Renters Survey

 

Filed Under: Everything Else Tagged With: away, far, home, Realtor, statistics

Home Improvement and Remodeling

August 12, 2014 By Dario

home-improvement-stats

 No Project left undone

During the past year alone, new homeowners spent $18 billion on home improvement projects. From the simple, such as painting or flooring, to large-scale projects, such as additions or replacing windows, this group of consumers made the most out of every paint brush, hammer, and two-by-four.

1 out of 5 new homeowners took on a remodeling project during the past year.

These remodeling homeowners are:

  • 70% more likely

  • 68% more likely to have taken on a new landscaping

  • 49% more likely to have tackled an addition

  • 43% more likely to have remodeled a bathroom

  • 29% more likely to have replaced windows

  • 25% less likely to have not made any home improvements during the past year

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Source: Nielsen Scarborough USA+ Study

Filed Under: Everything Else, News Tagged With: flooring, home, homeowners, improvement, kitchen, painting, projects, remodeling, upgrades

Young Homeownership Optimism

July 1, 2014 By Dario

Young-homeownership-Optimism

Whether they’re in a position to buy now or are still saving toward their dream, young renters are optimistic about homeownership. What are the benefits they see in owning versus renting?

Allows you to live in a nicer home: 81%

A good way to accumulate wealth: 80%

A good investment over the long run: 76%

Helps you engage in your community: 75%

Leaves you better off overall financially: 66%

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Gives you a better sense of privacy and security: 62%

Would be the bes decision given the current economic climate: 51%

In 2013, on average, 89% of young renters said they were still planning to buy a home at some point in the future.

 

Source: FannieMae National Housing Survey

Filed Under: Everything Else Tagged With: buyer, buying, home, homeownership, investment, optimism, real estate, renters, renting, vs, wealth, young

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About the Agent

Dario Barba
Broker/Realtor
Lic. 01778636
Email: [email protected]
Phone: 619-651-0433
Address:
3450 Bonita Rd. Ste. 206
Chula Vista, CA 91910

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About the Agent

Dario Barba
Broker/Realtor
Lic. 01778636
Email: [email protected]
Phone: 619-651-0433
Address:
3450 Bonita Rd. Ste. 206
Chula Vista, CA 91910

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