Internet Real Estate Spending to Double By 2010
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Spending on real estate advertising is slowly migrating to the internet. Instead of putting advertisements in local and regional newspapers, the money is being invested into the online world. Experts estimate that 80 percent of buyers research on the internet which dwarfs newspaper research.
According to a new report released by Borrell Associates, spending on online real estate ads, which occupies only 17.7% of current total online ad spending, will soar to 32.1% in 2010. The “2006 Update: Online Real Estate Advertising” reports that online real estate ad spending has risen less than 4% since 2001. And while the number of homes on the market has increased by almost 41% over the past year, real estate ad spending across all forms of media has remained almost constant at $11.6 billion.
The combination of a saturated home sales market with the decline in print classified ads will cause online real estate ad spending to grow to about $1.7 billion this year, and it will reach about $3 billion in 2010. While spending on online real estate ads increases, the report predicts that the total real estate ad spending will actually drop to about $9.5 billion. via Adotas
Well Tom, once again you have said it much better than I could have. Unfortunately the folks at Move, ...
It certainly does not bode well for a fast recovery in the economic climate. This will affect all real estate ...
I HAVE 25 YEARS EXPERIENCE IN TELECOMMUNICATIONS..HOW DO I APPLY AT KAI. 
Definitely not a fan of Move Inc.!!! 
A lot of you really need to go back to kindergarten and learn to spell correctly. If you cannot spell ...
In 2008, there was an extension to push first-time home buyers to purchase their homes quickly since the program did ...
I also need HELP and don't know what to do about my problem. I have a garden apartment off ...
I have the same situation. I sold my home in July and am scheduled to to close in a few ...
My cousin in Maryland going thru same thing as Jack Thomas. Have loan Mod Agreement from Countywide dated April 2009, ...
Print Ads is the popular way to advertise among seniors in the business industry but today it seems like it ...
