Report: One-third of home searches crossed state lines in Q4

The Metro Movers report from Trulia shows one in three U.S residents who searched for a home to rent or buy in the final three months 2011 did so by looking at homes not in their own state.

The Metro Movers report from Trulia shows one in three U.S residents who searched for a home to rent or buy in the final three months 2011 did so by looking at homes not in their own state.

According to the property data firm's findings, seven of the top-10 most-searched markets in the country between October and December were in Florida. The other three markets were in Oklahoma, California and South Carolina.

Conversely, demand was weakest in the Newark-Union market in New Jersey and Pennsylvania. Additionally, three markets in Maryland made the top-10 for weakest demand, the report found.

"Today's house hunters are deal seekers, who focus their search in places where prices are low," said Trulia chief economist Jed Kolko. "Although locals in Florida, inland California and the Southwest are suffering from high foreclosure rates and lost equity, huge prices declines since the height of the housing bubble have drawn house hunters from across the country."

Statistics from the 2010 Census study found the market with the greatest population growth during the decade between 2000 and 2010 was the Palm Coast area in Florida.

The Palm Bay-Melbourne-Titusville region of Florida had the greatest search demand from out-of-state residents, Trulia's report found.



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