I recently came across a report from Realtor.com that shows search trends in various markets around the United States.  This data compares searches in July 2008 to July 2007.  It is pretty interesting that consumers are searching significantly more in the markets that have been publicized as being in crisis.  For instance, Stockton, CA has consistently ranked very high in depreciation rate, but 140.9% more people were searching for homes in Stockton, CA in July 2008 compared to July 2007.  Las Vegas showed a similar trend, with a 93.9% increase in search activity on Realtor.com.

Greenville, which has consistently ranked high in appreciation on various reports ranging from the OFHEO Home Price Index to the National Association of Realtors index, also ranked fairly well in search activity on Realtor.com.  In fact, 12.2% more searches were performed for Greenville/Spartanburg/Anderson in July 2008 compared to July 2007.

Any increase in search activity is welcomed, and justified.  After all, Greenville had the 4th highest appreciation rate in the US, according to the 2nd quarter OFHEO Home Price Index.

Source: http://marketing.realtor.com/julysearch/

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Cameron J. Keegan - Realtor
Prudential C. Dan Joyner Realtors
http://www.GreenvilleMOVES.com