Category Archives: Uncategorized

Buying/Selling a Home with Virtual Reality

 

vr

This technology is expected to transform the real estate industry and, some say, make house-hunting more efficient. It can help to reduce the stress of relocating to a new city or buying from abroad and also allow buyers to visualize properties in development.

What is now available to consumers and growing more popular is the 3D walk-through. This is an updated version of the panoramic camera shots that were all the rage a decade ago. There’s no headset. Users move their mouse or arrow keys from their computer keyboards and devices to navigate through rooms and zoom in on apartment features. Halstead has 3D walk-throughs available for 30 listings, including one on Cornelia Street in the West Village, but its goal is to get its entire inventory online. Mr. Leone said that people stay on a page with a 3D walk-through 10 times longer than those without.

read more at: http://www.nytimes.com/2016/02/14/realestate/virtual-reality-to-sell-homes.html?ref=realestate&_r=0

 

San Diego -January Home Prices Dip

Home prices took their usual dip in January but San Diego County’s median is still nearly 7 percent higher than it was last year at this time, real estate firm CoreLogic reported Tuesday.

The median home price hit $462,750 last month, CoreLogic said. From December to January, county home prices dropped 2.6 percent.

Sales were down in all categories. There were 2,216 resale home sales in December and just 1,480 in January. Condo sales were down 35 percent and newly built homes were down 49 percent.

December and January sales are always slow down because sellers take homes off the market for the holidays. In January 2015, sales dipped 1.6 percent from December. In January 2014, sales dropped 3.7 percent from the previous month.

read more at: http://www.sandiegouniontribune.com/news/2016/feb/16/corelogic-home-sales-jan/

disclaimer: for information and entertainment purposes only

San Diego – Home Prices Rose more slowly in 2015

Home prices rose more slowly in 2015 than previous years, but it was enough to push many communities in San Diego County past their pre-recession peaks. Rising prices led some areas east and south of the city – like El Cajon and San Ysidro – to see substantial price increases of 16 percent and 14 percent, respectively.

Contact the appraiser at www.scappraisals.com for your home value questions.

Eighteen neighborhoods, including El Cajon with a median home price of $415,000, shot past records. Before the housing crash, its highest level was $385,000 in 2007.

At the same time, older communities with few new homes, such as Hillcrest and

Mission Beach, actually dropped slightly in value by about 1 percent.

Most predictions for this year say the rate of price appreciation will continue to slow

because of affordability issues and higher mortgage rates.

read more at: http://www.sandiegouniontribune.com/news/2016/feb/14/tp-passing-the-peak/

disclaimer: for information and entertainment purposes only