Thursday, September 4, 2014

Where Autumn is Hot for House Hunting

Home searches often slow down in the autumn season, but not everywhere.
A new study by Trulia shows that of the 500 largest U.S. metros, some markets see house-hunting pick up in the fall — particularly markets in New England, the San Francisco Bay area, and New York state.
In analyzing home searches on its site, Trulia found the following metros often have the highest numbers in autumn:
  1. Peabody, Mass.
  2. Worcester, Mass.
  3. San Francisco
  4. Oakland, Calif.
  5. Seattle
  6. San Jose, Calif.
  7. Albany, N.Y.
  8. Long Island, N.Y.
  9. Buffalo, N.Y.
  10. Gary, Ind.
Some smaller markets also find autumn to be their prime house-hunting season, particularly counties in vacation spots near mountain or forest attractions and ski resorts. Some of the smaller markets to see a boost in the autumn are Lincoln, N.M.; Teton, Wyo.; and Watauga, N.C.
Meanwhile, the housing markets that often see search activity drop the most in the autumn tend to be in college towns, such as College Station-Bryan, Texas; Columbia, Mo.; and Iowa City, Iowa. Also, search activity often slows in Florida vacation spots in autumn, such as Key West, Punta Gorda, and Naples-Marco Island, according to the analysis.
Source: “House Hunters Head for the Hills After Labor Day,” Trulia Trends (Sept. 2, 2014)


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