As I hinted in my book, in 2008, the residential real estate industry is undergoing tremendous changes. Some of these have already been felt, some are yet to come. These changes are different than anything we have seen before and are triggered by a convergence of several factors:
- Listings are readily available to most consumers at the click of a mouse
- Consumers are ready willing and able to particcipate in their transactions, from the beginning
- New business methods, data access, data analysis, valuation and financing models are here to stay.
I recently penned a white paper that covers each of these threats to the status quo. The link to this paper is on the header, above. I welcome your comments and questions. JH
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