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2008 Real Estate / Tech Predictions
1. Zillow marginally increases the accuracy of their Zestimates. Consumers don't notice or care. They only care that they are able to watch the value of their home decrease on a daily basis.
2. Two top level mortgage executives are indicted for fraud. One of the CEO's indicted has a very strong tan.3. The top five real estate websites ranked by traffic are: #1 Realtor.com, #2 Zillow moving from #8, #3 RE/MAX holding steady, #4 Yahoo Real Estate up from #7, and #5 Trulia with the biggest increase from the #18 spot.
4. Fox TV creates a new reality television show called "Online Stars Compete for a Shot at Love with Blogging Bertha".  Kelly from this video eventually wins.
5. Although the real estate industry continues to stink (lots of real estate brokerages will consolidate or go out of business), and the media will continue to remind everyone how bad the market was, life will go on and the amount of foreclosures really won't be that bad.
6. Towards the end of 2008, Realtor association economists will still be saying that "we miscalculated the severity of the housing crisis, but we believe that the worst is behind us". (They will go ... more

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