The percentage increase in online visitors to a for sale by owner (FSBO) website was second in the nation only to America Online's real estate center and online real estate advertising revenues are poised to surpass those spent on newspaper classifieds.

The two recent news items underscore the quantum shifts occurring in the real estate market.

Nielsen//NetRatings said earlier this week AOL's real estate area visitors grew by nearly 2 million new visitors from 855,000 in November 2004, to 2.67 million in April 2005, for an increase of 212 percent. ForSaleByOwner.com attracted 581,000 new visitors in April, up 142 percent from 409,000 in November.

This article was published at Realtytimes.com
Click here to continue reading this article now...