Google introduced Street View to 11 Canadian cities on Wednesday, October 7th 2009. This is the a major expansion to the previous index locations and allows curious users to see their neighbourhood, identify locations and explore their communities.
`According to Google, more than 28 million Street View images of various locations within Canadian cities were viewed on Wednesday alone.`
This technology was demanded by the Canadian public as `so far this year, Canadians have looked up 150 million images from other countries`. This supports the growing acceptance and usage of virtual tours as an addition to traditional still photography.
`Canada isn't the only country to go gaga over Google's Street View service. When the same offering went live in the United Kingdom on March 19, one of every 250 Internet visits was a Briton checking out a neighbourhood.`
With our own business we are finding users are more familar with this technology and prefer to include virtual tours when showcasing a property. I feel the acceptance of mainstream media and large companies such as Google has lead to the growing demand for VT services.
Are other tour providers noticing the same increase in business and acceptance,
Are Realtors finding a pull from their clients to utilize this technology , I would be interested to hear if this is the case,
Happy Canadian Thanksgiving,
Steve Clark
Inner Circle Imaging Inc.
Reference: http://www.timescolonist.com/Google+Street+View+instant+after+launched+Canadian+cities/2087940/story.html
Virtual Tours are here to stay!
As most of us know the current potential buyer is increasingly turning to the Internet to weed through the numerous Real Estate listings and get a preview of a property. Traditionally these previews have been information driven; consisting of a handful of pictures and a short paragraph descirbing the whole house (along with other pertinent data).
With Virtual Tour technology, today's Real Estate agent can give potential clients a full preview of the property before they come to discuss the listing and have a personal showing. This immersed environment allows a qualified buyer to imagine the feelings and detail each listing has to offer.
We recently completed a virtual tour for a Calgary Real Estate developer that utilizes an interactive floor plan. We have not used this with great frequency and am wondering if people find floor plans useful and worthwhile in a virtual tour ?
We currently do not have the capacity to create detailed floor plans. we can however integrate existing plans or refer clients to locally owned companies that offer this service.
Please see below and maximize virtual tours for optimal viewing,
1. Virtual Tour With interactive floor plans
WildWood Village - Strathmore, Alberta. Partners Development Group.
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2. Virtual Tour Without an interactive floor plan
Tara Springs - Calgary, Alberta. Partners Development Group.
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Comments are very much appreciated!
Steve
Inner Circle Imaging Inc.
These are recent virtual tours of Real Estate listings in Calgary. They show how both modern and historical properties can benefit from a 360 degree virtual tour by Inner Circle Imaging. Join the growing number of agents using virtual tours to set themselves apart. Allowing potential clients the chance to experience a virtual open house of any property, from anywhere, at any time!
Visit out Website to view our services, searchable listing database, and virtual tour package pricing! All Inner Circle Imaging Virtual Tours are full 360 degree environments
MLS# C3368007
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MLS # C3369959
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Steve
We thank all those who stopped by and visited our interactive booth at the 2009 CREB Forecast show. It was great to showcase our services and we look forward to working with new clients in the near future.
Congratulations to our 3 winners from the CREB Forecast Show who won a Free 9-Tour Package
They were:
Janet St. Onge of CIR Realty,
Nam Traimany of MaxWell Southstar Realty,
Antoni Grochowski
Thanks to all those who entered!

December 2007 marked both the last month the United States had positive job growth and the first month of recession. Fast forward a year and the headlines indicate the worst is yet to come with 533,000 American jobs lost in November 2008 and unemployment continuing its climb to levels not seen since the early 1990`s. The American labour department indicated 2.7 million jobs have been cut since last December.Generally speaking, a recession is defined as two consecutive quarters of gross domestic product (GDP) contraction. While the USA uses slightly differing measures it is still apparent recession has set in south of the boarder.
How does this affect Canada?
Until recently we have remained relatively unaffected by the deteriorating US economy. Last week the Organization for Co-operation and development (OECD) predicts Canada`s economy will shrink for the next 3 consecutive quarters placing us technically into a recession. It is thought this could lead the jobless rate up almost a percentage and a half to 7.5 %. Should Canadians expect the same slow-down in the US or is this cyclical outcome a sign of an efficient market?
While keeping with a Real Estate perspective there are indicators that support the claims that commodity rich Alberta will escape unscathed from our countries slow-down. It should be noted that with $40 barrel oil the provincial tax revenues will diminish to a fraction of those paid on $140 barrel oil, but have had previous commodity driven surpluses.
Net migration to Alberta is still posed to continue both intra-country and from abroad. Primarily based in Ontario, the failing auto and other manufacturing industries have accounted for steady housing demand in Alberta and more specifically Calgary. The closing arbitrage in housing prices between Alberta and Saskatchewan has slowed this outflow as buyers are not seeing the value of a year ago. It is expected 2008 will top the 17,905 net migrants from 2007 and that 2009 will top them both. International workers are looking to stay in Calgary and this demographic will begin to purchase homes rather then rent.
In actuality Calgary is a bright point in the country with persistant job growth. A workforce participation rate of 78.3% has led to a record 715,300 Calgarian's employed in August 2008. The seasonally adjusted unemployment rate of 3.6 % is a sign of a robust labour market.
Calgary Real Estate market may not be affected to the degree of other CMA in Canada and the USA. Importantly, the above suggests that the feared Canadian recession may not materialize as many expect.
Steve Clark
p. 403-404-0866 e. steve@innercircleimaging.com w. www.innercircleimaging.com
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