Deep price declines have made metropolitan areas in the Sunshine State popular destinations for online house hunters looking to move to a different metro area, according to a quarterly report by real estate search and marketing company Trulia.
Trulia’s Metro Movers Report is based on the ratio of inbound property searches on Trulia.com in a given metro area by out-of-area residents, compared to outbound searches by locals. The report examined searches on Trulia.com between Oct. 1, 2011, and Dec. 31, 2011, in U.S. metropolitan areas.
Trulia reported that more than 1 in 3 home searches on the site cross state lines. Seven of the top 10 metro areas where the ratio of inbound searches from out-of-area site visitors to outbound searches from locals was highest were in Florida. All but Riverside-San Bernardino-Ontario, Calif., were in the South.
http://www.inman.com/news/2012/02/8/10-hottest-markets-out-area-house-hunters
Leave a Reply