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Homes.com “State of the Home Buying Market” Q2 Report
Buyers continue to desire homes in warm locales
NORFOLK, Va. (July 25, 2012) – More Americans are searching for homes for sale. Homes.com, a leading real estate listing site and lifestyle resource for all things home related, has analyzed data and search trends on its site, releasing the Q2 “State of the Home Buying Market” report. More than 71 million consumers used Homes.com to search for homes during the second quarter—an increase of three percent from Q1.
The report, an industry standard for insight into the current home-buying market, reveals the top searched cities in the second quarter are located in bustling cities with warm climates. Southern cities dominate the top ten list, with most cities considered to be family-friendly with unique attractions.
The top ten cities are determined by the number of unique searches on the site and include:
- Orlando – 352,907
- Houston – 332,789
- Atlanta – 285,630
- Las Vegas – 280,394
- Charlotte – 246,730
- Miami – 213,882
- Baltimore – 211,184
- Dallas – 185,133
- Tampa – 176,986
- San Antonio – 174,041
The data reveals homebuyers continue to search for homes in Southern locations. However, two new cities made the list in Q2 – Dallas and Baltimore.
Orlando is yet again the most searched city with more than 350,000 queries on Homes.com. Homebuyers flock to this city that is most commonly known as a tourist destination. Its abundance of family-friendly activities and planned neighborhoods—along with lower housing market rates—makes for a great place to live.
Only 20,000 searches behind Orlando is Houston. The fourth most populous city in the country is known for the largest rodeo in the world. It is home to the second largest number of Fortune 500 company headquarters, ranking only behind New York City.
With more than 100 cities and neighborhoods searched throughout the country, the Homes.com report is another indicator the housing market is continuing its rise in 2012.
About Homes.com As one of the nation’s top online real estate destinations, Homes.com inspires consumers to dream big. From affordable houses to luxurious estates, condos and more, Homes.com features more than four million property listings and a user-friendly format, making finding your next home or a licensed real estate agent easy. Visitors to the Homes.com blog will find a collection of rich content and posts on DIY projects, painting, gardening and more, providing the ultimate resource for everything home related. From purchasing a first home, to upgrading, downsizing and everything in between, Homes.com is an inspiring and engaging partner in every phase of the home-buying process. For more information, visit http://www.homes.com or blog.homes.com.
Homes.com is a division of Dominion Enterprises, a leading marketing services and publishing company headquartered in Norfolk, Virginia. For more information, visit www.dominionenterprises.com.