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A realty trend is any consistent pattern or change in the basic direction of the realty industry which, throughout time, triggers a statistically obvious modification. This phenomenon can be an outcome of the economy, a change in mortgage rates, consumer speculations, or other essential and non-fundamental factors.

Buyer company development
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At one time, all real estate brokers and representatives, or Realtors, practiced "single company", suggesting they represented only the seller. In the 1990s, the principle of purchaser company became popular, allowing a buyer to maintain a representative who would represent the finest interests of the buyer alone. The first national business to offer this service was The Buyer's Agent, Inc. [citation needed] A 2008 research study by Consumer Reports suggests that previous to this development, state law presumed that a Real estate agent represented the seller by default. The same research study shows that purchasers utilizing purchaser representatives acquired a savings of $5000 in the price of the home as compared to rates paid by unrepresented purchasers. [1] Unrepresented real estate purchasers might still contact the seller's representative directly to set up residential or commercial property showings