Bad Economy Leads to Increase in Residential Alarm Sales
Sales of Residential Security Systems Ticking Upwards The catastrophic economic storm continues to erode budgets everywhere.
Overall, police departments nationwide are seeing budget cuts of seven percent while crime rates, especially violent crimes such as home invasion robberies, are spiking in many cities.
These facts are leading to an uptick in sales for residential security systems in many areas.
Lower sales tax and property tax revenues are forcing police and sheriff's departments across the nation to shelve plans for new equipment, prohibit overtime, and reduce recruitment in an effort to save money.
Despite a drop in sales from 2004-2008, the home security industry has seen a jump in the past two years to nearly 20 billion dollars in total revenues.
Financial difficulties notwithstanding, more and more people are going out and purchasing residential security systems to hopefully deter any would-be burglar.
In years past, residential security cameras and residential alarm systems required a great deal of expensive hardware and professional installation.
Now, recent technological developments have made equipment far cheaper and simpler than ever before.
While a residential security alarm installed and monitored by a professional, commercial security company may suit the needs of some, many people are finding that buying a home security system on the internet or a retailer and then installing the system themselves can be much less expensive.
Installing and purchasing individual components personally also allows a homeowner to customize the system to suit the exact needs of the property and avoid overkill.
The simplicity of today's residential security systems also means a homeowner can adjust or move components simply if the need should arise.
However, professional security companies generally do add the benefits of constant monitoring as well as extra services for smoke and fire alarms, duress codes for home invasions, and medical alert monitors for the elderly.
Additionally, there are a growing number of companies that offer monitoring only.
The consumer is responsible for installation and programming of a system and then the company provides monitoring based on a monthly rate.
There are usually no long contracts involved with these types of companies.
With today's technology, even some of the simpler do-it-yourself systems provide the ability to personally monitor your property.
Many systems are capable of sending video and audio feeds over the internet so you can see what is happening inside your home while sitting at the desk at work.
A residential security system also increases property value and studies have shown that one home wired for security deters crime in each adjacent home.
Residential alarm systems may also lower home insurance rates.
Overall, police departments nationwide are seeing budget cuts of seven percent while crime rates, especially violent crimes such as home invasion robberies, are spiking in many cities.
These facts are leading to an uptick in sales for residential security systems in many areas.
Lower sales tax and property tax revenues are forcing police and sheriff's departments across the nation to shelve plans for new equipment, prohibit overtime, and reduce recruitment in an effort to save money.
Despite a drop in sales from 2004-2008, the home security industry has seen a jump in the past two years to nearly 20 billion dollars in total revenues.
Financial difficulties notwithstanding, more and more people are going out and purchasing residential security systems to hopefully deter any would-be burglar.
In years past, residential security cameras and residential alarm systems required a great deal of expensive hardware and professional installation.
Now, recent technological developments have made equipment far cheaper and simpler than ever before.
While a residential security alarm installed and monitored by a professional, commercial security company may suit the needs of some, many people are finding that buying a home security system on the internet or a retailer and then installing the system themselves can be much less expensive.
Installing and purchasing individual components personally also allows a homeowner to customize the system to suit the exact needs of the property and avoid overkill.
The simplicity of today's residential security systems also means a homeowner can adjust or move components simply if the need should arise.
However, professional security companies generally do add the benefits of constant monitoring as well as extra services for smoke and fire alarms, duress codes for home invasions, and medical alert monitors for the elderly.
Additionally, there are a growing number of companies that offer monitoring only.
The consumer is responsible for installation and programming of a system and then the company provides monitoring based on a monthly rate.
There are usually no long contracts involved with these types of companies.
With today's technology, even some of the simpler do-it-yourself systems provide the ability to personally monitor your property.
Many systems are capable of sending video and audio feeds over the internet so you can see what is happening inside your home while sitting at the desk at work.
A residential security system also increases property value and studies have shown that one home wired for security deters crime in each adjacent home.
Residential alarm systems may also lower home insurance rates.
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