There were some new states that appeared in the Top Ten States Searched in the month of March. While the large states gathered the most numbers because of their large land area and population sizes, there were many small to medium states that had lots of search activity. When the size of state is taken into account, some of the smaller states had a lot of activity.
We use this information for a few things. One is to see if there is an area of the country that is developing faster than others. Another is to see if the activity from previous months is staying consistent. And the third is to find areas that we didn't know about for investment.
Texas, California, New York, Ohio, and Missouri were the top 5 states that people were searching in March. Pennsylvania, Illinois, Alabama, Minnesota, and Massachusetts complete the Top Ten List for the month of March. These states have been in the news, have some of the largest populations, or have many more towns than most other states.
When we take the size of a state into account, Delaware, Nevada, Massachusetts, Rhode Island, and New Mexico, top the list. Alabama, Hawaii, Louisiana, South Dakota, and Utah are the remaining Top Ten. It is interesting to us that Rhode Island, the smallest state, is in this list for the first time since we started these reports a few years ago.
Delaware could be there because of administration changes. Nevada deals on foreclosed property are becoming attractive again. Massachusetts is the largest state in New England and there is a new movie production complex being built there among other things.
New Mexico has been battling border issues. It is unclear to us if news reporting has created interest in information there, or if there is business and job growth. As a border state there are many influences on its real estate market that other states won't experience.
Hawaii real estate is always interesting to look at. We have not been able to find anything other than average seasonal interest to explain it's inclusion on the list. It has an attraction that just continues.
Louisiana is also still rebuilding. Many college students on spring break and other volunteers are still going there to help. The Go Zone investment advantages were scheduled to end this year so we'll keep watching that area.
South Dakota is a curiosity. Here is another one that is interesting. Who is moving there? Are businesses looking to get away from the high water lines that global warming is supposed to produce? We are still looking for info on this one.
Utah has had a real estate market that operates uniquely, too. Many telemarketers are in Utah. Many real estate investment seminars come from within the borders of the Salt Lake state. This market has risen and fallen a little in advance of the rest of the US in the last few fluxuations.
Of course all states had real estate activity. If you want to know where your state fell in the ranking, send us a note.
Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / email@example.com
508-274-5613 Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup Skype: heath.coker