Breaking News: Internet Crashes-Loudoun Real Estate In Turmoil-Print Media and Paper Product Company Stocks Rebound.

July 28, 2007 by Danilo Bogdanovic  
Filed under Web/Tech

Thank you to Kevin Boer of 3 Oceans Real Estate for helping break this latest news story and it’s effect on real estate…

Breaking News: All Online Data Lost After Internet Crash

Check out Kevin’s post regarding the impact on real estate in Palo Alto, CA, which is very similar to the effect it’s having here in Loudoun County, Virginia.

On a related note, print media, paper product and tree cutting company stocks were up almost 7 percent in after hours trading. It seems that with the Internet down, agents, brokers and consumers are turning to print media for the first time in several years as a source of marketing and searching for properties for sale. With real estate advertising money shifting over to online mediums, the infusion of advertising revenue is a (brief) ray of hope for shareholders of print media, paper product and tree cutting companies.

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