Industry-wide optimism due to an expected increase in housing starts
Those in the home-building and architecture industry, get excited for this year! According to recent data from the Census Bureau, HUD, and NAHB, since December 2019 there has been a growing industry-wide optimism due to an expected increase in housing starts. This means as we continue forward in this new year, the home-building and architecture industry should be prepared to showcase homes that aren’t built yet! There is no better way to do so than with realistic, 3D digital renderings that will allow your client to fully visualize their potential home and property. Even better, you can have an interactive online platform in which your client can choose a lot, and from your options, design the home of their dreams. AVWave Interactive Solutions is an online design center where you can do just that: upload your site and floor plans, interior and exterior renderings, and more, and give your client a one stop shop to design and visualize their home. Get ahead of the housing start increase and incorporate AVWave Interactive Solutions into your website today.
Whether you’re a builder, developer, interior designer, realtor, or material supplier, you can incorporate AVWave Interactive Solutions into your sales process. It seamlessly integrates into your website, so all you have to do is upload your options so that your clients can design their project from a single screen in your sales room, or from the comfort of their own home. It is especially important to have this sales room solution according to recent data which shows an increase in housing starts.
Data on Increased Housing Starts
The online business magazine Forbes posted an article in December 2019, which referenced data collections and representatives from NAHB and Fannie Mae, all reporting growing housing starts. The U.S. Census Bureau reported residential building permits hitting a 12-year high the previous month, with a surge of 11.1% over the year. It also reported a 6th consecutive month of growing housing starts. The article quoted the housing forecast of Fannie Mae, which predicted housing starts to hit 10% throughout 2020, and 1 million new homes coming to the market by 2021.
The housing market index from NAHB showed that leading builders were highly optimistic, their sentiment being the highest since a reading in 1999. NAHB’s chief economist Robert Dietz was quoted listing the factors for this rise in expectation: along with the obvious housing rebound that had begun in the spring, there was a low supply of existing homes, low mortgage rates, and strong labor.
In a recent NAHB article posted January 17th of this year, not only did they report a 16.9% increase for total housing starts compared to November 2019 (a number backed up in a recent article by Mortgage Orb) but also, according to the data NAHB mentions, compared to December of 2018, total housing starts are 40.8% above annual pace of 1.14 million units. Further, single and multi family permits had a 10.8% increase in 2019.
According to the NAHB article, permits are a “useful indicator of future construction activity.” With the increase in building permits and the data and optimism supporting the growth in housing starts throughout 2020 and into 2021, it is safe and even necessary for the home building and architecture industry to prepare for more clients looking for new homes.
Why Does Your Company Need AV Wave Interactive Solutions?
With an interactive online design center in your sales room, you can be better prepared to help these families choose a new home. You’ll speed through the online elimination phase for having an attractive interactive feature on your website. You will be able to show these pre-construction clients what their house will look like, or give them options to visualize upgrades, while getting a jump start on increasing sales. Your clients will bottomline just be happier and you will have higher engagement on your website and higher satisfaction rates overall. Ultimately, this tool is crucial to your sales and marketing efforts.
The modules available with AVWave include:
Site & Floor Plans
With the site plan module, available lots are highlighted for your client to choose. In the floor plans module, your client can then change the structure and furniture in the house, depending on what you offer!
Interior & Exterior Rendering Options
Upload interior and exterior renderings with your options and with just a click your client can try out different materials and colors.
Animated Tours
Show your client a guided tour of the home and community with sound. With different views, including drone integration, your client can get a well-rounded feel for their new lifestyle.
360° Panoramic Tours
The 360° Panoramic tour is more interactive, allowing your client to choose which part of the house they would like to see first. The 360° view makes it easier to see more aspects of each room.
Virtual Reality with 360° Panoramic Tours
Virtual reality, our newest service, takes Panoramic Tours to the next level. Not only can you interact with the module and see more of each room, but you can feel like you are literally standing in your new home. This allows the client to really be able to picture themselves living in the space!
Use AV Wave Interactive Solutions to help your client set the tone for their next kitchen project while giving their clients plenty of options.
Get ahead..
Each of these modules create an interactive experience that will impress your clients with its ease and efficiency. Get ahead of the surge in housing starts and be prepared with an online platform where you can easily help families design their new home! As a result, you will be able to enhance customer satisfaction and acquire higher quality leads.
Drone Integrated Animated Tour
Client: Mid-Atlantic Builders
Animated Tours are the perfect way to see your entire development or property, including key surrounding features by using drone integration. This module is not interactive on AV Wave Interactive, however it is a great promotional tool to include!
360-degree Panoramic Tour
Project: River Palms Condos
With the 360 view, rather than just seeing a room from one vantage point like in a typical rendering, you’re able to see all aspects of a room. Similar to how we look at our surroundings in real life, the camera view will move as we move the mouse.
AV Wave Interactive Solutions is your answer to improving your sales and marketing efforts and seeing real results! Contact us for a free demonstration and a quote today. Our passionate team can’t wait to help bring your available options to life.
By collaborating with our team at Artistic Visions LLC, you not only get first-rate, high quality illustrations, but you also get a one of a kind service focused on you! We hold our professional relationships as a high priority along with our consistent artistic and technological advancements. We have an excellent innovative hired team of architects, designers, an FAA Certified Pilot, and project managers who have years of knowledge and expertise in the industry. Located in historic Stuart, Florida, we can translate your ideas to portray your projects in the way you intended with excellent communication. With our in-house personal equipment and technology, we can service any location. By using our services and building a relationship with us, you can trust us to receive photo-realistic renderings at competitive pricing with a quick delivery time, averaging two weeks.
Article by: Gabriela McCausland, Marketing Assistant
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