First, on Monday, it was announced that the KML format is now an international standard supported by the Open Geospatial Consortium. Google Earth Blog coverage – Google Earth’s KML Now International Standard.

Then, Google Earth 4.3 was released on Tuesday (more commentary on Mashable). If you’re curious, here is a video demo:

Regarding how these announcements relate to the real estate industry — to start, I certainly think the KML standard will impact any technology vendor doing online mapping within the next 2 years (real estate or otherwise). Obviously, there are numerous other implications that I’m likely not thinking about — if you have further thoughts, feel free to leave a comment.