7 Residential Real Estate Market Trends for 2007
7 Residential Real Estate Market Trends for 2007: How They Impact You and What to Do
The key market trends affecting the real estate market are changes in:
1. Advertising, marketing, and the media's assault on the consumer has lead to a change in consumer's expectations and tolerance levels. Real estate media
exposure led to increased consumer activity.
2. The amount of knowledge required for an agent to be perceived as an expert on all areas of real estate, and the diversity in the market, has lead to specialization.
3. The need for Realtors® to identify a specific target market otherwise their marketing will not be effective and they will waste a lot of money.
4. Developing teams that lead to high productivity.
5. Demographics a ...