Stockton-Lodi, CA               140.9%
Las Vegas, NV                   93.9%
Riverside-San Bernardino, CA    86.3%
Oakland, CA                     73.6%
San Jose, CA                    71.4%
Fort Myers-Cape Coral, FL       69.5%
Naples, FL                      66.2%
Sacramento, CA                  65.0%
Orange County, CA               62.8%
Miami, FL                       56.7%

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There Are 11 Responses So Far. »

1. Comment by Pat Kitano on 29 August 2008:

   Great find Tom, and completely sensible.

2. Comment by Shannon Lefevre on 29 August 2008:

   This is excellent news although not a surprise. I’ve noticed on my Naples, Florida real estate website traffic is up this month considerably over July stats! Calls and email requests are starting to increase as well. This is even more interesting considering the fact that Naples is so high on the list during this time of year when our real selling season is between December and April. Great Post!

3. Comment by ines on 29 August 2008:

   Now THIS is the way to present data instead of (and sorry for the link) - BW article

4. Comment by Barry Cunningham | Real Estate Radio USA on 29 August 2008:

   Thanks Tom..someone has finally found a way to make sure that the pig smells more palatable.

   Ines, do the semantics really matter??? C’mon, this argument as to how BW stated and had an opinion on the same data is nuts. Now that Marketwatch has said the same thing in a different way (albeit as a press release from the actual pig farmers)..does it really matter? Does it make it easier to deal with?

   Tom..this data has been around for a bit and we in these markets, like Shannon above are not at all suprised but thanks for the info…BTW..avid reader!

5. Comment by ines on 30 August 2008:

   yes Barry, semantics do really matter - it’s why we blog and why this medium is so important to many of us.

6. Comment by Barry Cunningham | Real Estate Radio USA on 30 August 2008:

   Ines..it’s not why I blog. I blog on one of our blogs to educate and inform. On the other to capture prospective homebuyers. On neither would I ever get caught up on idle semantics.

   I am in this solely to make a profit. No other reason. My clients are in it for the same reason. The BW article tells me what I have already come to know about this market.

   From an educational perspective it’s newsworthy because my readership and listenership can evaluate the numbers exclusive of opinion and don’t need BS sugarcoating to see that if something walks and talks like a duck..it’s probably a friggin duck.

   Our readers and listeners know what the data in the BW article means to them economically, they don’t need my “packaging of the data” to allow them to draw their own well founded conclusions.

   I would hate to have to work with a clientele who did not understand the impact that those numbers mean and I bet that they as well would not want to work with a local “expert” who could not reasonably interpret and discuss the same.

   I guess we serve a different readership than you.

7. Comment by Tex MacRae on 31 August 2008:

   I think it’s a mistake to assume these searches are all being done by prospective buyers. I think a lot of people are searching their own area to see for themselves how much asking prices are falling. I know I have.

   If you had your heloc canceled due to falling local prices reducing your assumed equity, wouldn’t you look on Realtor.com to see for yourself? If you saw your neighbor’s home for sale, wouldn’t you check his listing price?

8. Comment by Tom Royce on 31 August 2008:

   Excellent point Tex!

9. Comment by Julia on 3 September 2008:

   I agree with Tex. Also, seeing that Realtor.com is the official website for the NAR, which is over 1 million members strong, don’t you think a lot of their traffic is from real estate agents and NAR members? I am a consumer and have NEVER gone to Realtor.com to look for a home. Just like I don’t go to Carsalesman.com to look for a car.

10. Comment by New Homes in Woodstock, Georgia on 3 September 2008:

    I wouldn’t read too much into that data. You’ll know when the buyers are back.

11. Comment by Adexland.com | Land Sale on 20 September 2008:

    Traffic is up on our site as well compared to previous months. I hope that the recent events don’t harm that trend.

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