Online 'foreclosure' searches increase
Searching for foreclosures? You're not alone. Today from Inman News:
Hitwise, a Web metrics company, reported in its corporate blog this week that online search-engine queries including the phrase "foreclosure" have increased considerably in the past weeks.
Last year's spike followed media coverage of U.S. cities with the highest rates of foreclosure, with many searches featuring the phrases "what is foreclosure" and "highest foreclosure cities."
For the four-week period ending March 7, 2009, searches for "free foreclosure listings" and "foreclosure listings" topped the list of search phrases containing "foreclosure," Hitwise reported.
Interesting that February 2008 saw the peak when 2009 prices are so much lower.
-- Lauren Beale
Photo: This 3,565-square-foot foreclosure at 5605 Shenandoah Ave., in L.A.'s Ladera Heights neighborhood, has four bedrooms and three and a half bathrooms. The 1959 two-story house is listed for $789,000. Credit: Nelson Shelton & Associates