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By Dennis Norman, on February 2nd, 2012
Well, I guess my wife and kids aren’t the only people that want to move to Florida! According to a report released by Trulia, house hunters from all over the country are searching for homes in Florida. In fact, of the top 10 metro areas where demand among online house hunters is strongest, seven are
Continue reading… What are the hot spots in the U.S. attracting home buyers?
By Dennis Norman, on November 16th, 2011
According to a new report from Trulia, its Metro Movers Report, 59 percent of the properties searched online by homebuyers are outside of their current metro area. My first thought would be there are a lot of people relocating to other states, however the report shows that most of these searches being done are
Continue reading… Report shows homebuyers heading to the "burbs"
By Dennis Norman, on September 20th, 2011
Trulia released the results of its American Dream survey today, which showed that, despite the tough economy and challenged housing market we are in, home ownership is still central to the American Dream. In fact, 80 percent of current home owners said they plan to buy a home again.
By Dennis Norman, on August 17th, 2011
A report released by Trulia shows that, based on current market conditions, it is cheaper to buy a home than rent in 74 percent of major U.S. cities. At the top of the list is Las Vegas with a price rent ratio of 6 (the lower the number, the more affordable it is). At the
Continue reading… Buying a home more affordable than renting in three out of four major cities
By Dennis Norman, on May 23rd, 2011
According to a survey conducted by Harris Interactive® on behalf of Trulia and RealtyTrac, 45 percent of American adults say the government is not doing enough to prevent foreclosures. Only 17 percent think the government is doing too much and 16 percent say just the right amount is being done.
By Dennis Norman, on April 28th, 2011
A report released this morning by Trulia shows that when it comes to the question “should I rent or buy” the answer is to buy in 80 percent of the 50 largest U.S. cities. Trulia’s “Rent vs. Buy Index” compares the cost of buying and renting a two-bedroom apartment, condominium or townhouse and for
Continue reading… Buying a home more affordable than renting in four out of five major cities
By Dennis Norman, on December 16th, 2010
A new report release by Trulia reveals that, in December, the number of listings with at least one price cut grew to 27 percent which is a 23 percent increase from December 2009 when 22 percent of the listings had at least one price cut. In terms of the size of the price cut, that
Continue reading… Twenty-three percent increase in price reductions by home sellers
By Dennis Norman, on December 7th, 2010
Today, Trulia and RealtyTrac released the latest result of their ongoing survey tracking the attitude of homebuyers toward foreclosed homes. The most recent survey, conducted in early November by Harris Interactive, showed that Americans are still concerned about the health of the housing market with 58 percent of adults survey expecting a housing recovery to
Continue reading… Survey shows Americans not expecting housing market recovery until after 2012
By Dennis Norman, on September 10th, 2010
Survey reveals tenants are not rushing to buy a home…also shows the “McMansion” craze is over…
Dennis Norman
Trulia.com released the results of its recent “American Dream” survey on attitudes toward home ownership which, not surprisingly to me, shows interest in the “American Dream” of home-ownership has cooled a little. According to the survey,
Continue reading… One Out of Four Renters Never Plan to Own a Home
By News Desk, on April 24th, 2010
Trulia announced that 20 percent of current home listings have been reduced in price at least once, compared to 27 percent in April 2009, representing a 26 percent decline nationally. Trulia was the first company to issue national price reduction reports and is available to provide historical data on trends taking place as early as
Continue reading… Signs of Stabilization in U.S. Real Estate Market — Home Price Reduction Levels Drop 26 Percent
By Dennis Norman, on October 8th, 2009
By: Dennis Norman
This morning Trulia, the online real estate search company, announced that “25.6 percent of homes currently on the market in the United States as of October 1, 2009 have experienced at least one price cut. More than one in four current listings on Trulia have been reduced in price for the fourth straight
Continue reading… Overpriced Listings; Is the agent to blame?
By Dennis Norman, on September 14th, 2009
Dennis Norman
By: Dennis Norman
I think by now almost all of us in the real estate business have a good awareness of the housing market and have retired our rose-tinted glasses for now. However, according to a report just released by Trulia, sellers may not be there yet.
According to the Trulia report, 26 percent of
Continue reading… Sellers still don’t get it
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