The Quandary of Real Estate Sales
If you are in the real estate industry in the U.S, these are indeed exciting times. A glance at the industry statistics and projection paints an ambivalent state of the industry. While a strong economy goes in tandem with a booming real estate, this is not the case today. The quandary of real estate salescomes out best through several reports over the last quarter indicating a fall in sales for existing homes even as an acute shortage of properties continues. As an investor in the real estate industry, it is always good to look for innovative solutions to such hiccups, and this is what we offer At VegaCadd. Our Cad Drafting Services target real estate stakeholders to help improve communication and provide developers with better tools to market their properties.
To appreciate the quandary of real estate sales, you need to a look at numbers released by different industry players. The National Association of Realtors (NAR) in June indicated sales for existing homes fell 0.4% which was the second straight monthly decline in sales. A group of economists earlier polled by Reuters has projected a 1.5% increase in sales over the same period.
The reason behind the drop was even more confounding; the strong demand for homes has depleted the supply of properties on the market, which has, in turn, led to high house prices. With no increase in wages, sales in existing homes have fallen, and this is a situation expected to last through the year. At the same time, stocks for major home construction firms fell in the second week of August due to a decline in builders’ sentiment and a slump in U.S equity trading.
To prove that the real estate sales problem is not going to end any time soon, a report by Reuters projects the acute shortage of homes to continue into 2019 and with it, increase in prices and reduction in sales. If you want to jump into the real estate industry and make quick money, some of the states to consider include Delaware, Nevada, Washington, California, Oregon, Colorado, and Florida. These are states with the hottest neighborhoods and where prices are rising fastest.
Leveraging The Real Estate Market Situation
As they say, it is time to make hay as the sun is shining in the real estate market. As a real estate developer, you need to market your developments more innovatively, and that’s what at Rayvat Engineering we help you do. With our cutting-edge 3D Architectural Visualization, we can make your properties more appealing to potential buyers.
We offer an innovative range of 3D solutions including 3D exterior and Interior Rendering, 3D Floor Plan Rendering, Aerial & Bird’s Eye View Rendering, 360° Virtual Reality, CAD Drafting, and 3D walkthrough technology among others. All these solutions help real estate developers present their properties in a stunning way to wow potential buyers. Wherever the location of your property, we have the tools to present it magnificently.
Our 3D Architectural Rendering Services target architects, builders, and real estate marketers by arming them with visual images for properties in the building phase and even existing home. It is a creative way to unravel the quandary of real estate sales and make sales in the current real estate situation.