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Private Lives

Sotheby's International Realty

01/27/26

For many of today’s wealthy homebuyers, concerns about safety and privacy shape purchase decisions as much as location and price. Discreet architectural design, gated access and advanced technology-driven security features are increasingly in demand.

According to a July 2025 survey by the independent research site SafeWise, which tests and reviews home security products, break-ins remain the leading property crime concern.1 However, data from the Federal Bureau of Investigation shows that home burglaries have actually declined by at least 68% in the U.S. over the past three decades, SafeWise reported in August 2025.2

Such concerns aren’t limited to the U.S.—they are also fueling substantial growth in the global home security market. The worldwide spend on “smart” home security is estimated to reach US$39 billion by 2029, according to a July 2025 report by market research firm Statista, with the number of households having some form of “smart” security installed reaching an estimated 1.1 billion by 2029.3

In response to homebuyers’ privacy worries, some real estate agents are taking proactive measures. They may run listings without street numbers or remove all online presence of a property at the close of escrow.

Nick Damianos, global real estate advisor, Bahamas Sotheby’s International Realty, stays ahead of client preferences using market research to track adoption trends of various smart home technologies, including closed-circuit television (CCTV) and intrusion detection, and keeps a close eye on new systems as they become available.

Rich Taylor has specialized in the luxury real estate market of Boca Grande, Fla., since 1995 when he began building long-term relationships with his clientele based on integrity and dedication.