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How did you find a home in 2006


THe Maine Association of Realtors recently released the below statistics:

How did Maine Home Buyers find a house in 2006:
28%  Real Estate Agent
35%  Internet
11%  Yard Sign
8%   Newspaper Ad
11%  Friend/Relative

Compared with 1997 national levels showoing 50% of homes were found by agents with a meager 2% coming from internet searches.  In 2003 the numbers were 41% agents vs 11% internet.  As the information age grows, new sites including www.zillow.com, www.trulia.com, www.craigslist.org will be unveiled. Try going to Google and typing in “real estate for sale” to see thier most recent foray into the market.

   Will these trends continue?  What will the real estate landscape look like 1 year from now, 5 years, 10 years? Will Realtors be out of jobs?  Who will profit, who will perish…

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