Earlier today, REALTOR.com® released the top 10 most searched real estate markets of 2010. Though many markets underwent a number of highs and lows throughout 2010–tied to tax credits, low interest rates, and price swings–it is clear that consumers stayed particularly interested last year in real estate in the sunshine states of California, Nevada, Florida, Texas and Arizona.
The No. 2 most searched market of the year was Los Angeles, earning its spot by ranking second in ten out of the 12 months of 2010. Los Angeles was the top searched markets in July and November 2010.
Los Angeles is a top vacation destination, and the second largest city in the U.S. Known as the entertainment center of the country, motion pictures, television and music form the basis of L.A.’s industry. Potential residents are also attracted by the city’s notable universities, science, technology and international trade opportunities.
Take a look at this charming 3 bed, 2 bath Los Angeles property listed for $269,000 (pictured above). This Spanish-style home has an updated roof, heating, electrical and copper plumbing, and features a formal dining room, custom cabinets and a master suite.
The Realtor.com data reveals that the top searched market was Las Vegas. The third through fifth spots in our 2010 top 10 list are Orlando, San Antonio, and Miami, respectively. The remaining top 10 (listed in order) are Phoenix, San Diego, Austin, Chicago and Tampa.
Early in 2010, the country experienced an increase in home sales and prices due to the federal home buyer tax credit for both first-time and repeat buyers. When the credit expired this past April, sales started to decrease, and the trend continued in the summer and fall of 2010. Sales and foreclosure trends in each market also led to fluctuations in list prices throughout the year.
REALTOR.com® Blogs will be bringing you posts about each market in our top 10 all this week. Stay tuned!
Top 10 Most Searched Markets of 2010: No. 2 Los Angeles | REALTOR.com® Blogs - Los Angeles-Platinum Triangle-Beverly Hills-Bel Air-Holmby Hills-Luxury Estates-Homes For Sale-Listings-Realtor-Real Estate - http://www.ChristopheChoo.com
Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale
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