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What are the hot spots in the U.S. attracting home buyers?

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

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Report shows homebuyers heading to the "burbs"

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

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80 Percent of Homeowners Plan to Buy Again

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.

Buying a home more affordable than renting in three out of four major cities

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

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45 Percent of Americans say government not doing enough to stop foreclosures; Other side of coin, over half of Americans want to buy a foreclosed home

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.

Buying a home more affordable than renting in four out of five major cities

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

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Twenty-three percent increase in price reductions by home sellers

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

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Survey shows Americans not expecting housing market recovery until after 2012

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

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One Out of Four Renters Never Plan to Own a Home

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,

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Signs of Stabilization in U.S. Real Estate Market -- Home Price Reduction Levels Drop 26 Percent

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

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Overpriced Listings; Is the agent to blame?

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

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Sellers still don’t get it

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

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