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Real Estate was first done in the early 1800's when the U.S. when the Louisiana purchase became the first real estate purchase.
https://www.shermanbridge.com/blog/history-of-real-estate-investing/ -
The National Association of Real Estate Agents was created in 1908.
https://www.shermanbridge.com/blog/history-of-real-estate-investing/ -
The Real Estate business was actually not negatively affected, in fact, during 1919 house prices in the city boomed then continued to rise by 10 cent a year until 1921.
https://www.thesimpledollar.com/mortgage/history-of-the-housing-market-over-the-last-50-years/ -
Housing values dropped 35 percent. A house worth $6,000 before the Depression, would be worth $3,900 in 1932.
https://www.google.com/amp/s/blog.markzproperties.com/a-history-of-real-estate-throughout-the-years%3fhs_amp=true -
facilitate home financing, improve housing standards, and increase employment in the home-construction industry in the wake of the Great Depression
https://blog.markzproperties.com/a-history-of-real-estate-throughout-the-years -
designed to guarantee the availability of affordable housing.
https://www.britannica.com/topic/Fannie-Mae -
Internet listings helped with finding houses without having to physically search for them.
https://en.wikipedia.org/wiki/Internet_real_estate -
Google maps helped the real estate business by helping people find where the house they wanted to buy was.
https://placester.com/real-estate-marketing-academy/using-google-maps-for-real-estate#:~:text=Google%20Maps'%20Street%20View%20feature,provided%20on%20your%20listings%20page.&text=Finally%2C%20Street%20View%20can%20save,to%20view%20it%20in%20person. -
When a housing bubble pops, prices sharply fall, leaving many homeowners owing more than their home is worth.
https://www.fool.com/the-ascent/mortgages/what-is-housing-bubble/#:~:text=A%20housing%20bubble%20is%20a,expectation%20of%20future%20price%20growth.&text=When%20a%20housing%20bubble%20pops%2C%20prices%20sharply%20fall%2C%20leaving%20many,than%20their%20home%20is%20worth). -
Apps created solely for real estate were created helping out the business out a lot because it was easier for people to buy and sell houses that way.
https://learn.g2.com/real-estate-mobile-apps