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Inman News prophesies for 2007

Perspective: What will happen in real estate next year

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Last year, we predicted the rise in Google Base's popularity, as well as the launch of the largest consumer-direct real estate portal in some years (Zillow). As we reflect on the year behind us, each year the Inman News team creates a list of predictions for the year ahead. Here are 10 things we think will happen in 2007: 1. Housing will lose its sex appeal. TV shows on home improvements, weird Realtors and house flipping will be canceled. Home Depot will no longer be a popular place to find dates. 2. Wall Street will no longer be enamored with the mortgage market; investors instead will shift their focus to office buildings and help overbuild that market, only to move their attention elsewhere in 2008 (such as Cuba when it is finally economically liberated in 2007). 3. The National Association of Realtors will go direct to the consumer with its message, moving beyond simple ads and offering relevant buying and selling content on multiple mediums. 4. Move Inc., formerly Ho...