The real estate market, like any other market, is an ever changing thing. And with the recent market corrections, and substantial changes to the financial and mortgage market, we are seeing some interesting things happen.
Things like the average age of the real estate professional has increased, meaning younger agents have been pushed out of the market. Consumer expectations have changed, they are now looking for coupons and other incentives to sweeten up their new home purchase.
Brian Summerfield has done a good job detailing some of these changes, as well as addressing some things that have stayed the same. You can check out his article How Real Estate Has Changed (and How It Hasn’t) for more information.