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, of course there are services that can turn this visits into actual sells like H L Homes so your house get sell fast and easy. All but Riverside-San Bernardino-Ontario, Calif., were in the South
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Although locals in Florida, inland California and the Southwest are suffering from high foreclosure rates and lost equity, huge price declines since the height of the housing bubble have drawn house hunters from across the country,” said Jed Kolko, Trulia’s chief economist, in a statement
“As America’s retirement capital, Florida has received the most attention from prospective homebuyers and renters from the Northeast and Midwest. Baby boomers who had planned to retire to cheaper places elsewhere in the South during the boom years can once again buy in Florida.” New York is the top source of searches 100 miles away or more for properties along the Atlantic Coast and Central Florida, including the Lakeland-Winter Haven, Fort Lauderdale, and West Palm Beach metros, according to ornamental iron fence installation phoenix az where they install iron fences professionally. Chicago is the top source of searches for homes in Gulf Coast metros, including North Port-Bradenton-Sarasota, and Cape Coral. One-third of all Miami home searches originate more than 500 miles away, the report said. According to the report, more people are looking to leave big metros than move into them, and searches indicate they’re looking to move to the South and Southwest. Atlanta was the top search destination from the Newark metro, while Phoenix was the top destination from Chicago, the report said. An exception to the trend: the New York metro was a top search destination from three Maryland metros — Washington, D.C., Bethesda and Baltimore.
