Mortgage Professional America's Steve Randall reports that millennials are more likely than previous age groups to install some sort of "smart" device in their homes, whether they're renters or home owners.

Randall writes that "the NPD Group Connected Intelligence Home Automation Advisory Service shows that American millennials are twice as likely as the total population to have a smart home product installed in their residence" because "one-in-four millennials has already installed at least one of these products in their homes, compared to 12 percent of the total population." By smart he means items such as "network-connected security and monitoring devices, sensors, system controllers, smart lighting, power, and appliances," and the number of people using these devices is only likely to increase as more millennials discover #noplacelikeown.