More than 71 million consumers used Homes.com to search for homes during the second quarter. That?s a three percent increase from the Q1 State of the Housing Market report. This data shows us that along with rising new-home sales, more Americans are searching homes for sale during the April, May and June months.
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, this report is another indicator the housing market is continuing its rise in 2012.
For additional real estate news, be sure to check out the?Real Estate Market?section of our?blog.
Posted in Real Estate MarketSource: http://blog.homes.com/2012/07/homes-com-quarterly-state-of-the-housing-market-report-2/
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