Los Angeles Times Axes Real Estate Section
Inman News has reported that the LA Times newspaper is ceasing its publication of its weekly newspaper section. A section that has been a feature of the paper for over a century. Read the full article here.
Like many newspapers around the world, the decline in revenues due to the take up of online technologies would have been one of the factors but I would suggest it was further accelerated by the shocking real estate market in the states at the moment. I cant see too many agents throwing money at any sort of advertising whilst they are not selling anything.
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