Kali Real Estate

Property Management in Chula Vista

Smart Home Technology

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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

 

 

 

Millennials Looking Toward Homeownership

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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

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