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THIS trend will really put the hurt on newspapers because the combination of real estate companies putting their listings online and increasing use of Craigslist to advertise real estate will severely cut a major revenue source for newspapers. With broadband Internet now widely available in major metropolitan areas the trend could accelerate.
1 posted on 07/29/2007 5:54:55 AM PDT by RayChuang88
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To: RayChuang88

“.....even IF the real estate sector recovers. “.So it may never recover? You’re not exactly a ‘glass is half full’ kind of guy, are you, Seth?


2 posted on 07/29/2007 5:59:33 AM PDT by Carl LaFong ( Enough Is Too Much !)
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To: RayChuang88

Online, you can browse a Google-style map with pins on houses, each with a thumbnail photo, filtered for exactly the price range and features you want. Click on the thumbnail to go to the listng and watch a 360 video of the home’s interior.

Why would anyone use the newspaper?


3 posted on 07/29/2007 5:59:47 AM PDT by Taliesan
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To: RayChuang88

Like AM radio, papers will just have to find something else to be.


4 posted on 07/29/2007 5:59:48 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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To: RayChuang88

The online real estate listings around here are so far superior to anything a newspaper can do, it is hard to believe there are ANY ads in the papers.

In an hour, I can look at color pics of the outside and inside of dozens of houses. I can select/sort them by price, acreage, square footage, number of bedrooms and baths, length of time for sale, etc. I can also look at satellite shots of the property and the neighborhood. This allows me to immediately narrow the list of available properties to what I am looking for. Never have to get out of my ‘pajamas.’ And, if I want to be nosy and look at the inside and yards of the multi-million dollar mansions along the lake, no problem.

Newspapers? No way.


6 posted on 07/29/2007 6:07:27 AM PDT by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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To: RayChuang88

With the MLS listings why would anyone refer to a newspaper for buying a home? Granted, there are many FSBO sites but if using a realtor, any real estate website will give you all you need, and more.


7 posted on 07/29/2007 6:08:18 AM PDT by peggybac (Tolerance is the virtue of believing in nothing)
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To: RayChuang88

Craigslist.org rocks! Last week I posted a car for sale and had 10 buyers lined up in 12 hours. Sold it the next day.

Yesterday I paid $100 for a set $500 tires/w stock rims off wrecked SUV a guy was parting out on Craigslist. The tires have at least 75%-80% tread left.

Early in the morning on my way to get the tires I stopped at two yard sales that were posted on Craigslist. Both sales said they had outdoor gear for sale. I found a backpacking stove and Coleman lantern for $6, probably $100 new. Also bought a never been opened, Radio Shack radar detector for $10.

I love that site!


8 posted on 07/29/2007 6:09:05 AM PDT by Rb ver. 2.0 (eHarmony reject)
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To: RayChuang88

bummer....the left is losing a funding source for its propaganda.


9 posted on 07/29/2007 6:09:06 AM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: RayChuang88
"Print is dead... Get over it."-- John Squires, President, Sports Illustrated, Nov. 2004 quoted in the Washington Post 2-20-2005
"...the notion of a neutral, non-partisan mainstream press was, to me at least, worth holding onto.   Now it's pretty much dead, at least as the public sees things." -- Howard Fineman, "The 'Media Party' is over" MSNBC, 1-11-05
"...the mainstream media's monopoly on information is over." --Peggy Noonan, WSJ, Jan. 13, 2005
"Sept. 9, 2004, will be remembered as a paradigm-shifting day in media history. That was the day the 'blogosphere' took down CBS News" -- James Pinkerton, Newsday, Sept. 14, 2004
"The New York Times’ account of the [CNN chief] Eason Jordan resignation provides a general recap of the story they didn’t cover, along with a good dose of excuses and justifications ..." -- Lorie Byrd, Polipundit, 2-12-2005
"The New York Times, CBS and the BBC all had to fire lead personnel over the fact that they just damn well made stuff up out of whole cloth in service to an obviously partisan political agenda."-- New Sisyphus, 3-15-05
Craigslist founder Craig Newmark says he has a "great deal of sympathy for people who run the printing presses. They are screwed." here 5-7-07
"The media can now wistfully reflect on their glory days of the 1970's when the majority of people actually bought into their bulls[p]it." -- Laura K. Van Onymous

-- MORE WHERE THOSE CAME FROM

10 posted on 07/29/2007 6:12:44 AM PDT by FreeKeys ("Once Hillary is elected she will create a new form of secret police."- Dick Morris (her ex-employee)
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To: RayChuang88

http://www.homesandlandofthetexashillcountry.com/

HeHeHe - say it aint so ... ;o)


13 posted on 07/29/2007 6:20:37 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: RayChuang88

OTOH, sometimes you find the hidden gems in the community newspapers.


14 posted on 07/29/2007 6:25:06 AM PDT by rabidralph
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To: RayChuang88; All

Check out loopnet.com for commercial.


24 posted on 07/29/2007 7:17:00 AM PDT by Leisler (Just be glad your not getting all the Government you pay for.)
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To: RayChuang88

Why would anyone advertise property in the paper when the internet allows you to use things like 360 deg photography?

Everyone looks at ads for property on the internet


28 posted on 07/29/2007 7:32:04 AM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: RayChuang88
The real estate market will recover, because they stopped making land a few years ago. Some areas may not get back to the ridiculous asking prices of last year or the year before for a few more years, but they'll come back.

That said, when we sell our house, all the advertising will be online. We don't plan to put anything in the newspaper at all. If we decide to go with something like Isoldmyhouse.com, they will put the info in one of their flyers, but the rest of it will be online. We'll create a webpage for the house showing pictures, etc. so that folks can get a good idea about the place before they ever set foot in the door. That will also make the info available to out of town buyers when they're looking online for homes in the area.

That's how I'm scoping out houses in the areas we're considering when we move.

29 posted on 07/29/2007 7:49:32 AM PDT by SuziQ
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To: RayChuang88

It’s PCS (Permanent Change of Station) season in our neighborhood and homes are selling in about 3 days after listing. We don’t have a housing slump here. With the reorganization of our local Fighter Wing builders are actually starting two new developments. What housing slump? Then again single family homes are still affordable in most communities in Idaho except for Sun Valley and the Boise area do to the Californian invasion.


34 posted on 07/29/2007 8:53:35 AM PDT by KC-10A BOOMER (Looks like I picked the wrong week to stop sniffing glue!)
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To: RayChuang88; abb
But what's worrying analysts this time around is that real estate could become the next category of classified advertising - after help-wanted ads - to mark a significant and permanent shift away onto the Internet.

As noted earlier, Realogy's move to the Inet will impact both McClatchy and the New York Times.

Richard A. Smith, president of Realogy Corp., dropped a bomb on the newspaper industry this week when he told Bloomberg News that the Coldwell Banker and Century 21 branding budgets for newspapers will shrink by as much as two-thirds next year from 2006.

The company intends to slash its newspaper advertising budget to 70 percent of its home-sale ad spend by 2010, down from 84 percent this year, Bloomberg reported, as it shifts more ad dollars online.

Realogy is the largest real estate brokerage company and franchisor ...


38 posted on 07/29/2007 10:17:06 AM PDT by Milhous (There are only two ways of telling the complete truth: anonymously and posthumously. - Thomas Sowell)
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To: RayChuang88

newspapers have been rip offs for years for classfied ads... $70 to $150 a week to run a classified add... crazy.. Craiglist and other free sites are cheaper and more effective... Newspapers haven’t realized what they provide on those classified pages are not cost effective... they refuse to review and modify their model so they continue to bleed money


42 posted on 07/29/2007 11:31:04 AM PDT by HamiltonJay
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