{"id":25951,"date":"2018-05-01T08:00:09","date_gmt":"2018-05-01T08:00:09","guid":{"rendered":"https:\/\/www.parcelpending.com\/blog\/future-multifamily-housing-industry-technology-personalization\/"},"modified":"2023-04-04T18:45:41","modified_gmt":"2023-04-04T18:45:41","slug":"future-multifamily-housing-industry-technology-personalization","status":"publish","type":"post","link":"https:\/\/www.parcelpending.com\/en-ca\/blog\/future-multifamily-housing-industry-technology-personalization\/","title":{"rendered":"The Future of the Multifamily Housing Industry: More Technology &#038; Personalization"},"content":{"rendered":"<p>The multifamily housing sector is booming. In fact, 4.6 million apartments will have to be built by 2030 just to keep up with demand.<sup>1<\/sup><br \/>\nSo, what will the multifamily housing industry look like in 12 years? Well, according to the National Multifamily Housing Council\u2019s 2018 <a href=\"http:\/\/disruption.nmhc.org\/wp-content\/uploads\/2018\/01\/NMHC-Multifamily-Disruption-Report.pdf\">Disruption Report,<\/a> we\u2019re going to see more technology and personalization in apartment living:<\/p>\n<ul>\n<li><strong>Technology will be at the core of multifamily housing<\/strong>.<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>By 2020, technology research firm Gartner predicts, 26 billion devices will be connected through the cloud-based Internet of Things (IoT). Additionally, 90% of the U.S. population will connect to the grid via smartphones by 2023.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>You can\u2019t expect to succeed in 2030 (or even now!) without tapping the power and innovation of technology. Instead of being an add-on accessory, technology will become the focal point of the multifamily housing industry. Technology will become the main tactic utilized by multifamily housing communities to enrich their resident\u2019s experiences.<\/p>\n<ul>\n<li><strong>Apartment Living Will Exude Personalization. <\/strong><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>63% of respondents to the NMHC\u00a02018 Consumer Housing Insights Survey\u00a0said <strong><em>their lives are so hectic that they look for ways to make things easier.<\/em><\/strong><\/li>\n<li>72% of consumers and 89% of business buyers expect companies to understand their unique needs and expectations, according to the 2017\u00a0State of the Connected Customer\u00a0survey by Salesforce.com.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Today\u2019s consumers are accustomed to on-demand delivery of goods and services and this trend will only continue to increase. As real-time and personalized purchasing experiences become the norm, we will see a shift towards more lifestyle focused, flexible and highly personalized apartment living. This will become as important as location and layout.<br \/>\nAs the report notes, technology and personalization are two trends that can\u2019t be ignored when it comes to the multifamily housing industry. One of the ways your property can stay ahead of the curve is by utilizing the technology and personalization of parcel lockers.<br \/>\nParcel lockers enrich the resident experience by making it quick and convenient for them to retrieve their packages at a time that works for their schedules. Additionally, they also add much-needed resident personalization by making their lives easier since they no longer have to rush home to pick up a delivery from their management office during business hours.<br \/>\nLearn more about how parcel lockers can improve your community <a href=\"\/en-ca\/property-solutions\/multifamily-solutions\/\">here<\/a>.<br \/>\nWhat do you think the future holds for the multifamily housing industry? Comment below.<br \/>\n&nbsp;<br \/>\n<em>1 Hoyt Advisory Services, Dinn Focused Marketing, Inc., \u201cU.S. Apartment Demand\u2013A Forward Look,\u201d (June 2017)<\/em><br \/>\n<center><br \/>\n<!--HubSpot Call-to-Action Code --><span id=\"hs-cta-wrapper-88fd34a8-c0da-4779-890b-e2272453a736\" class=\"hs-cta-wrapper\"><span id=\"hs-cta-88fd34a8-c0da-4779-890b-e2272453a736\" class=\"hs-cta-node hs-cta-88fd34a8-c0da-4779-890b-e2272453a736\"><!-- [if lte IE 8]>\n\n\n<div id=\"hs-cta-ie-element\"><\/div>\n\n\n<![endif]--><a href=\"https:\/\/cta-redirect.hubspot.com\/cta\/redirect\/3902512\/88fd34a8-c0da-4779-890b-e2272453a736\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" id=\"hs-cta-img-88fd34a8-c0da-4779-890b-e2272453a736\" class=\"hs-cta-img\" style=\"border-width: 0px;\" src=\"https:\/\/no-cache.hubspot.com\/cta\/default\/3902512\/88fd34a8-c0da-4779-890b-e2272453a736.png\" alt=\"Ready for Lockers at your Property?\" \/><\/a><\/span><script charset=\"utf-8\" src=\"https:\/\/js.hscta.net\/cta\/current.js\"><\/script><script type=\"text\/javascript\"> hbspt.cta.load(3902512, '88fd34a8-c0da-4779-890b-e2272453a736', {}); <\/script><\/span><!-- end HubSpot Call-to-Action Code --><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The multifamily housing sector is booming. In fact, 4.6 million apartments will have to be built by 2030 just to keep up with demand.1 So, what will the multifamily housing industry look like in 12 years? Well, according to the National Multifamily Housing Council\u2019s 2018 Disruption Report, we\u2019re going to see more technology and personalization [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[326,323],"tags":[392,393,394,351,395],"class_list":["post-25951","post","type-post","status-publish","format-standard","hentry","category-blog-multifamily-en-ca","category-blog-en-ca","tag-disruption-report-en-ca","tag-hoyt-advisory-services-en-ca","tag-national-multifamily-housing-council-en-ca","tag-nmhc-en-ca","tag-nmhc-2018-consumer-housing-insights-survey-en-ca"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Future of the Multifamily Housing Industry: More Technology &amp; Personalization - Parcel Pending<\/title>\n<meta name=\"description\" content=\"The multifamily housing sector is booming. 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