Biz TUCSON May 20, 2020 and republished 7-31-2020
Americans are resuming their house hunting online after taking a pause during the initial stages of the COVID-19 outbreak. One way to track potential buyer interest: internet searches.
10 Metros With the Largest Spikes in Google Searches
The following cities have seen the largest increases in Google searches for the term “homes for sale”:
- Tucson, AZ
2. Rochester, NY
3. Jacksonville, FL
4. Miami, FL
5. Seattle, WA
6. Grand Rapids, MI
7. Memphis, TN
8. Milwaukee, WI
9. New Orleans, LA
10. Cincinnati, OH
LendingTree’s team analyzed Google search data to see how popular the search term “homes for sale” is in 50 of the nation’s largest metros. Overall, searches for the term “homes for sale” have risen in every metro tracked, compared to their 2020 lows at the onset of the coronavirus outbreak in the U.S.
By the end of April, the number of property searches had rebounded by 54%.
The metros with the largest percentage increase in Google searches for “homes for sale”: Tucson, Ariz. (up 164.71% by the end of April compared to its 2020 low); Rochester, N.Y. (up 118.92%); and Jacksonville, Fla. (up 96.08%).
From March to April, Tucson, New Orleans, and Miami posted the largest month-over-month increases in property search growth.
“The low interest rates also make it an attractive time.”
Red Hawk with 267 2.5-acre homesites remaining is offering efficient homes with wonderful views in all directions at an comfortable altitude
Source: “LendingTree Finds That Google Searches for ‘Homes for Sale’ Rebounding From 2020 Lows,” LendingTree (May 12, 2020)