Here are some statistical data that describes the latest real estate market trends and insights in the best way:
- Despite the coronavirus crisis, property prices continue to rise. There was a slight drawdown in April, but within the third week of May, home prices moved their way back up to a 3% growth rate.
- The national median asking price on Realtor.com in September 2020 was $350,000, up 11.1% compared to last year. Prices could rise even further due to heavy buyer competition and a significant shortage of supply.
- Statista predicts a stable rise in existing home sales in 2020 and 2021.
Does your real estate business really need a website?
Pulls show that among the information sources used in the home buying search, online websites are still much more popular than mobile or tablet search devices. For example, statistics show that 93% of users prefer online websites, while only 73% use smartphones or tablets for this task.
There are at least 3 reasons why you need to create a real estate website:
Convenience
The user will see all the necessary information about the house: photos, location, year built, heating, the number of bedrooms and bathrooms.
More customers
Millennials are the most solvent audience. Also, they prefer to search for properties online then go to the real estate agent. So, a website is a good idea, as you can attract more users.
Saves time
You don’t need to waste time in traffic. If a website gives full information about the object, it’s enough to communicate with potential customers only via email or online forms.
Keep it in mind, when you start to work on your website. To find out more about real estate website development resources, you are always welcome to contact us for a free consultation.
Have you got cool ideas for real estate web development, and you’re in need of qualified experts who can bring them to life. If so, we will help you! Feel free to contact us.
Top real estate websites you should look for
Zillow
For today, Zillow is one of the most popular real estate websites. It has got a database of millions of homes up for sale and rental.
Trulia
Trulia is one more well-known real estate website. Providing various information, calculating the mortgage rate, finding the local agents are its key features. Trulia has a user-friendly interface and makes the processes of buying and selling easier.
Realtor.com
Realtor is the official website of the National Association of Realtors. Like previous websites, it gathers information from multiple-listing services (MLS) — databases of listings compiled by real estate specialists. The company website connects all the trusted realtors that are members of NAR.
Redfin
Redfin is a residential brokerage company. It helps users to find a new home through a filtering search. The website has got a calculator of affordability and a house buying guide. Redfin promotes transparency as the biggest value. It’s the reason why they poll every customer about their experience and share reviews on agents’ profiles.
Real estate website requirements and tech stack
If you decide to build your own real estate website, the first step is to define your requirements. The number of development hours and, therefore, the total cost will depend on them.
Answer yourself the following questions:
- What is the goal of the website?
- What functions do you need?
- What existing platforms do you like?
- Is SEO important for you?
Want to know more? Read the full article: https://code-care.com/blog/real-estate-website-development/
