A big piece of the pie is being cut out of real estate sales, as the nation becomes more reliant on the internet and technology to connect buyers and sellers.
It’s no coincidence that the biggest surge in property values over the past decade has occurred in New York and Los Angeles.
But with that boom comes a steep decline in real estate ownership, and in the way buyers and developers interact with the real estate market.
For those who have watched the market closely, it has always been difficult to find buyers and sellers who are willing to invest the time and resources needed to develop and maintain a home.
Now, it’s even more difficult to see what people who might be able to get in on the ground floor can afford.
Here’s a look at how real estate prices have been changing across the U.S. since 2012.