The Freakonomics guys have their say on the real estate market and the effects of Google. It will be interested to see where Google is going with their real estate related tools. Here is an interesting comments from the Freakonomics blog:
Google and the other big players have a very long term view of this service, while the everyday realtor doesn’t think more than 45 days out.
Combine the different business goals with increased competition and a poor market and we have a really fun drama starting to unfold.