City of Austin June Housing Report

Many have wondered in these crazy CO-VID times how their industry is going to fare. Well, I’m happy to report that the Austin housing market is still alive and well, even during a global pandemic. The Austin Board of Realtors just released their monthly report, and the results are good. We see that the median sales price is up 3% in June while the average days on the market is down by 6. This means that it is still a seller’s market in Austin, Texas. If you have a property you would like to put on the market, believe it or not, now is still a good time!

Check out these other ABOR statistics below:

Interested in seeing what your home could be worth? Contact me below for your complimentary home evaluation!

Austin Named in the Top Five Healthiest Cities of 2020

The results are in and Austin, we should be proud. We have stayed fit and healthy even in the midst of a global pandemic. According to the 2020 Wellness Index by MindBody, Austin was just named the fifth healthiest city in America, right behind Miami, Atlanta, San Francisco, & Denver. In fact, here is the list of the top 10 healthiest cities.

1. Miami, FL

2. Atlanta, GA

3. San Francisco, CA

4. Denver, CO

5. Austin, TX

6. Seattle, WA

7. Washington D.C.

8. Tampa, FL

9. Minneapolis, MN

10. Raleigh, NC

To assign these rankings, Mindbody looked at residents' overall health, behaviors, attitudes towards wellness, and the success of local wellness businesses like gyms and spas. Mindbody surveyed over 20,000 adults about their fitness and wellness in the 50 most populous US cities and analyzed health data and other data from sources including the US Census and business listing services.

According to the report, Austin residents earned their #5 spot because they work out regularly, get seven to eight hours of sleep each night, and more than half say they drink six to eight glasses of water daily. Austin also spends more of its time cultivating intellectual wellness than the average American city, with 57% of residents reporting they "regularly engage in creative and mentally stimulating activities," according to the report.

Virtual Reality is Not the Same as 360-Degree 2D Images

Let’s review the differences between a 360-degree 2D image versus virtual reality. A 360-degree video is a compilation of 2D images connected. A buyer consumes the 2D images that are put in front of them; they cannot take part in what is happening because they are limited to the photos provided. The buyers experience is always the same, as you can’t change the photo sequence, move to a different perspective (other than what is provided), or get a 3D spatial feel of the room.

Virtual Reality is an interactive experience. Buyers can walk around, explore the space and even change the space. Does your project have different finishes? The VR technology allows buyers to switch in and out finishes so they can see the difference.

In VR, buyers are also not limited to a predefined sequence as they can access every aspect and area of the property. A buyer’s decision to interact with a certain area will change their experience. Every buyer is unique; so, during the VR walk through, buyers can focus on what is important to them (i.e. spend more time in the kitchen, master bathroom, or admiring the views from the bedroom). And this is what makes VR technology so engaging and attractive to a buyer.

http://www.360homephoto.com/ Example of a 360 Degree 2D image Home Tour

Virtual Reality tour—envision the project before it is even completed