market changes

Real Estate Market Changes

I have seen many changes in the real estate market since I first received my real estate license in 1983. From the high interest rates of 17% in the early 80's to creative financing to agency law changes to a recession in 1990. Then came the technology in the 1990's and the internet as an advertising tool.

Once real estate listing went on the internet, buyers could find houses without contacting a real estate agent first. Agents lost the control of information at that point.