How The Internet Impacts Home Sales

The Internet is changing the way homes are bought and sold.

1 minute read

April 8, 2003, 10:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"AS home sales around the nation hit the peak selling season this spring, Internet real estate sites are starting to show promise as important tools for house shoppers... Analysts said very few people actually buy their homes online...but according to the National Association of Realtors, the trade group for brokers and agents, 41 percent of consumers last year used the Internet to research homes before making a purchase equal to the percentage of consumers using newspapers for that purpose."

Thanks to Abhijeet Chavan

FULL STORY: Internet Has Impact on Home Sales

Monday, April 7, 2003 in The New York Times

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