Foreclosure Searches on the Rise
Hitwise and Google show that foreclosure searches are creeping up on “traditional” searches regarding properties for sale. UPDATE: RealtyTrac reports a 6% rise in foreclosures in February 2009 over January 2009, with a 30% increase over February 2008. On March 12, 2009, Hitwise reported that foreclosure searches are on the rise.
Hitwise: Forclosure Searches on the Rise
For fun I ran the top five Hitwise searches in Google Trends to see the differences between the search reporting engines. Google had slightly different data.
free foreclosure listings, foreclosure listings, foreclosure homes, foreclosure, foreclosure.com
Next I compared the search term “foreclosures” against search terms “homes for sale” and “real estate for sale” over a 12 month period. Here’s what I found:
foreclosures, homes for sale, real estate for sale, US, Last 12 months
Then I focused on Nevada for the same search phrases: forclosures, homes for sale, real estate for sale, NV, Last 12 months
Finally, I narrowed the searches down to Las Vegas: foreclosures, homes for sale, real estate for sale, LAS VEGAS, NV, Last 12 months
Trends search for foreclosures – the first part of 2007 was where the rise started, but 2008 saw a remarkable surge.
Thanks for the additional report Jim.