How smart is your home?
Posted on Friday, April 13, 2012 at 4:59:09 PM
A recent trend is showing more houses are being built and renovated to enable broadband connections. According to the latest report from Strategy Analytics, more than 8 percent of US homes will own at least one smart home product or service by the end of 2012, items such as a security system or appliance.
If you’re interested in connecting your house, consider taking out home improvement loans to get the job done. Tools such as a security system with self-monitoring video cameras, motion sensors, lighting and thermostats can help a homeowner reduce waste and keep safe.
"The proliferation of both fixed and mobile broadband connectivity, coupled with service provider need to develop additional revenue generating units (RGUs) to offset declining growth in traditional businesses, is driving adoption of a broad array of smart home systems and services," according to Bill Ablondi, Director, Smart Home Strategies advisory service.
A home loan from a bank can give an owner the financing they need to incorporate these renovations when the market is rife with products and potential discounts.