RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Holiday Shoppers Plan to Gift Themselves with Savings

October 21, 2015 2:39 am

The adage “a penny saved is a penny earned” may ring more true than ever this upcoming holiday season. According to a recent Bankrate.com report, holiday shopping could take a backseat to saving as more Americans take steps to limit their spending. Their reasoning? Static income and a desire to save, says Bankrate.com Chief Financial Analyst Greg McBride.

“Stagnant income has kept a lid on spending, but also held back progress to saving – even though consumers increasingly recognize how important it is,” says McBride.

Per the report, Americans aged 50 to 64 are restricting their spending the most, but millennials are more than twice as likely as any other age group to limit their spending based on a need to save more. Those aged 65 and older are the freest spenders.

Source: Bankrate.com

Published with permission from RISMedia.


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More Homeowners Go Smart for Security

October 21, 2015 2:39 am

Of all the benefits that smart home technology has to offer, security is the most sought after. According to Iris by Lowe’s annual Smart Home Survey, more than three in five Americans cite security as the top reason for owning a smart home product, and over half of Americans plan to purchase security cameras in the next year. Close to half of Americans also report that smart home products would help cut costs and save money on energy bills, and make their home more convenient overall.

In addition, results from the survey reveal that when it comes to purchasing considerations, cost of equipment, monthly fees, ease of use and energy-efficient are the most important deciding factors. Interestingly, parents with children under the age of 18 in the home are nearly three times as likely to purchase smart home products in the next year as those without.

When breaking down the results cross-country, Southerners are more likely than those in the Midwest to purchase smart home products for security benefits. Smart home product owners in the Northeast wish they could adjust their thermostats or start their coffee pots from their beds, likely due to the region’s colder climate.

The number one place Americans are most likely to buy a smart home product is at a home improvement store, either in-store or online.

Source: Lowe’s

Published with permission from RISMedia.


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