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Distribution Channel Analysis mars_real_estate_logo_early_stage - Coggle…
Distribution Channel Analysis 
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Current size
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According tot the federal statistics, by Neshat, "real estate industry contributed more than $2.7 trillion to the economy in the United States in 2018. Real estate has employed more than 2 million people and has made over $10 billion in corporate profits" (2020).
Industry Trends
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After 15 years, the interest rate dropped down to a 2.31% in November 2020" (Ramsey 2020)
Patterns including:
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COVID-19 doesn't help with the trend, making it more difficult
Growth potiential
The website named realtor.com says "median national home listing price grew by 15.4% over last year, to $346,000 in January, higher than last month’s growth rate of 13.4%. The nation’s median listing price per square foot also grew by 17.5% compared to last year, an acceleration from the 15.9% growth seen last month. Listing prices in the nation’s largest metros grew by an average of 10.9% compared to last year, higher than last month’s rate of 8.8%" (2021).
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