Mais conteúdo relacionado The Real Estate Forecast Post Foreclosure Crisis1. Online Trends in Real Estate
March 23, 2011
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2. Sometimes no news is good news….
CoreLogic:
Home prices in the United States declined by 5.7% between
January 2010 and January 2011
About 11.1 million households, or 23.1 percent of all mortgaged
homes, were underwater in Q4 2010, up from 22.5%, or 10.8
million households, in Q3 2010.
US Dept. of Commerce:
New-home sales slid 16.9% in Feb 2011 – the third straight month
of decline. The median price of a new home dropped nearly 14%
to $202,100, the lowest since Dec 2003.
New home prices are now 30% higher than of those being resold.
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3. CoreLogic HPI & Case-Shiller indices have returned
to levels of 2000 & 2001
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Source: Calculated Risk Blog 33
4. Visits to Real Estate websites increased 27 % YoY
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5. Visits to Real Estate Portals & Aggregators increased
46% in January 2011 from previous month
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6. Search is the key driver of traffic to Real Estate
websites
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7. Downstream traffic from Social Networks to Real
Estate websites increased 61% YoY
Social
Networking &
Forums
Filtered to include only Real Estate
Filtered to include only Real Estate
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8. Downstream traffic from Facebook to Real Estate
websites increased 42% YoY
Filtered to include only Real Estate
Filtered to include only Real Estate
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9. Generic search terms in Real Estate category reveal
consumer demand for home & apt rental market
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10. Searches for ‘rent to own homes’ tend to include
city or state locations
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11. Searches for ‘houses for rent’ continue to surpass
‘houses for sale’
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12. Visits to Home & Apt Rental Websites up 33% YoY
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13. Visitors to Home & Apt Rental websites are
younger, with less income & creditworthiness
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14. Many visitors to Home & Apt Rental websites reside
in DMAs where home values have declined
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15. New rental entrants are capturing search activity
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16. Heavy paid activity among searches for MLS listings
Filtered by Paid Clicks
Filtered by Organic Clicks
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17. Search variations of ‘mortgage calculator’ have
declined but paid search is strong
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18. Visits to websites of Home Builders are down 51%
compared to Feb 2009
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19. Search queries including ‘new homes’ and ‘home
builders’ echo the lack of demand
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20. Tight credit markets limit new home interest to
affluent HHs with high income & creditworthiness
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21. Consumers seeking opportunities from foreclosures
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22. Prospective home buyers are out there seeking first
time buyer savings & opportunities with poor credit
Filtered to include ‘credit’
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23. Key Takeaways
Visits increased to the Real Estate category overall, but mostly driven
by rental activity although there are opportunities for those hoping to
capitalize on foreclosed homes.
Search is the key driver of traffic to Real Estate websites, however, a
popular promotion can quickly gain momentum. Referrals from Social
Networks, especially Facebook, have continued to increase along with
the popularity of the category.
Visits continue to increase to Home & Apt Rental websites from
younger, less affluent HH without access to credit. Many visitors to
Home & Apt Rental websites reside in areas of the country where
home values have declined such as Florida.
Both visits and searches for new homes and home builders have
declined in the past year, mirroring recent housing data. However,
there are some new buyers out there that are affluent & qualified for
credit.
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