Thursday, February 2, 2012

Trulia Research Reveals More Than 1 in 3 Home Searches Cross State Lines

Trulia Names Best-Kept Secret Neighborhoods Across America Where Locals Want To Live


SAN FRANCISCO, CA, Feb 02, 2012 (MARKETWIRE via COMTEX) -- Trulia today released the latest findings from its Metro Movers Report -- the first housing report that starts with where homebuyers and renters are today and provides the inside scoop on where they want to live tomorrow. The Winter 2012 report examines all property searches on Trulia.com among all U.S. metropolitan areas between October 1 and December 31, 2011.


House Hunters Near and Far Eye Florida Real Estate Of the top 10 metros where demand among online house hunters is strongest, seven are located in the Sunshine state. Even with a backlog of homes unable to complete the foreclosure process, big price declines mean more people are looking to move to Florida than leave. In fact, one-third of all the home searches in Miami on Trulia.com originate from people living more than 500 miles away. As for who is looking at Florida, there are clear geographic preferences between house hunters in New York and Chicago. New York is the top source of long distance (100 miles or more) home searches for properties along the Atlantic coast and Central Florida (e.g., Lakeland-Winter Haven, Fort Lauderdale and West Palm Beach). Meanwhile, more searches for Gulf Coast homes (e.g., North Port-Bradenton-Sarasota and Cape Coral) come from Chicago than from anywhere else.
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                    Where Demand Among Online House Hunters Is Strongest
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        #    U.S. Metropolitan Area                       # of Inbound Searches Per
                                                          Outbound Search
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        1    Palm Bay-Melbourne-Titusville, FL                       8.80
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        2    Lakeland-Winter Haven, FL                               7.60
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        3    North Port-Bradenton-Sarasota, FL                       6.62
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        4    Cape Coral-Fort Myers, FL                               2.59
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        5    Tulsa, OK                                               2.48
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        6    West Palm Beach-Boca Raton-Boynton Beach, FL            2.46
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        7    Fort Lauderdale-Pompano Beach-Deerfield
             Beach, FL                                               2.44
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        8    Riverside-San Bernardino-Ontario, CA                    2.43
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        9    Charleston-North Charleston-Summerville, SC             2.40
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        10   Orlando-Kissimmee-Sanford, FL                           2.30
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