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Trulia’s Metro Movers Report
Winter 2012
What Does The Metro Movers Report Tell Us?




      Trulia’s Metro Movers Report is the first housing report
      that starts with where homebuyers and renters are
      today, and then provides the inside scoop on where they
      want to live tomorrow.




2
Defining A Metro’s Housing Demand As Strong Or Weak


      Trulia defines a metropolitan area’s future housing demand as being strong or
      weak based on the number of incoming property searches by out-of-towners at
      least 100 miles away versus the number of outgoing property searches by locals to
      destinations at least 100 miles away.

      Interpretation Key - # of Inbound Property Searches Per Outbound Search
        – > 1: Housing demand in this metro is strong with more searches by out-of-towners looking
           to move in than by locals looking to leave.
        – <1: Housing demand in this metro is weak, where there are more searches by locals
           looking to leave than by out-of-towners looking to move in.
        – =1: Housing demand in this metro is neutral. There are an equal number of inbound and
           outbound home searches

      Sample Calculation for Gotham City
       – # of inbound property views by out-of-towners: 200
       – # of outbound property views by locals: 100
       – Gotham City’s demand index: 200/100 = 2
       – Interpretation: 2X as many people might want to move to Gotham City in the future than
         leave




3
National Housing Demand Trends




4
House Hunters Near and Far Eye Florida Real Estate


    •   Even with a backlog of homes unable to complete the foreclosure
        process, big price declines mean more people are looking to move
        to Florida than leave.

         – Of the top 10 metros where demand among online house hunters is strongest,
           7 are located in the Sunshine state.

         – One-third of all the home searches in Miami on Trulia.com originate from
           people living more than 500 miles away.




5
Who’s Searching in Florida?

     •    New York City is the top source of long distance (100 miles or more) home searches
          for properties along the Atlantic coast and Central Florida (e.g., Lakeland-Winter
          Haven, Fort Lauderdale and West Palm Beach).

     •    More long distance searches for Gulf Coast homes (e.g., North Port-Bradenton-
          Sarasota and Cape Coral) come from Chicago than from anywhere else.




12
Where Demand Among Online House Hunters Is Strongest


     Despite high foreclosure rates and lost equity, huge prices declines in Florida and inland
     California have drawn house hunters from across the country.

                                                                     # of Inbound Searches
       #                     U.S. Metropolitan Area
                                                                     Per Outbound Search
        1   Palm Bay-Melbourne-Titusville, FL                                 8.80

        2   Lakeland-Winter Haven, FL                                         7.60

        3   North Port-Bradenton-Sarasota, FL                                 6.62

        4   Cape Coral-Fort Myers, FL                                         2.59

        5   Tulsa, OK                                                         2.48

        6   West Palm Beach-Boca Raton-Boynton Beach, FL                      2.46

        7   Fort Lauderdale-Pompano Beach-Deerfield Beach, FL                 2.44

        8   Riverside-San Bernardino-Ontario, CA                              2.43

        9   Charleston-North Charleston-Summerville, SC                       2.40

       10   Orlando-Kissimmee-Sanford, FL                                     2.30




10
Where Demand Among Online House Hunters Is Weakest


     More people are looking to leave big metro areas – such as Newark, San Jose,
     Philadelphia and Seattle – than move in.

                                                                  # of Inbound Searches
       #                       U.S. Metropolitan Area
                                                                  Per Outbound Search
       1    Newark-Union, NJ-PA                                           3.65

       2    San Jose-Sunnyvale-Santa Clara, CA                            2.60

       3    Washington-Arlington-Alexandria, DC-VA-MD-WV                  2.54

       4    Philadelphia, PA                                              2.40

       5    Bethesda-Rockville-Frederick, MD                              2.25

       6    New Haven-Milford, CT                                         2.21

       7    Baltimore-Towson, MD                                          2.17

       8    Seattle-Bellevue-Everett, WA                                  2.11

       9    Camden, NJ                                                    2.11

       10   Omaha-Council Bluffs, NE-IA                                   2.04




10
Best-Kept Secret Neighborhoods Across America


     Using the same analysis behind the Metro Movers report, Trulia reveals where are the
     desirable neighborhoods in major cities where locals want to live that out-of-towners often
     overlook.


           U.S. City                Best-Kept Secret Neighborhood                 Zip Code

           New York           Hunters Point (Long Island City, Queens)               11101
         Los Angeles                   La Brea / Hancock Park                       90036
           Chicago                     West Town / Wicker Park                      60622
        San Francisco               Diamond Heights / Glen Park                     94131
            Miami                            Key Biscayne                           33149
        Washington DC                        Logan Circle                           20005
            Boston                    Fort Point / Seaport District                 02210
           Houston                        Spring Branch East                        77055
            Dallas                         Greenway Parks                           75209
            Seattle                    Sunset Hill / North Beach                    98117


10
Regional Housing Demand Trends




14
Where Are House Hunters From Atlanta Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Gainesville, GA
               2      Athens-Clarke County, GA
               3      Jacksonville, FL
               4      New York-White Plains-Wayne, NY-NJ
               5      Tampa-St. Petersburg-Clearwater, FL
               6      Birmingham-Hoover, AL
               7      Columbus, GA-AL
               8      Orlando-Kissimmee-Sanford, FL
               9      Charlotte-Gastonia-Rock Hill, NC-SC
               10     Los Angeles-Long Beach-Glendale, CA


15
From Where Are House Hunters Searching In Atlanta?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      New York-White Plains-Wayne, NY-NJ
               2      Washington-Arlington-Alexandria, DC-VA-MD-WV
               3      Chicago-Joliet-Naperville, IL
               4      Philadelphia, PA
               5      Tampa-St. Petersburg-Clearwater, FL
               6      Los Angeles-Long Beach-Glendale, CA
               7      Seattle-Bellevue-Everett, WA
               8      Newark-Union, NJ-PA
               9      Athens-Clarke County, GA
               10     Miami-Miami Beach-Kendall, FL


15
Where Are House Hunters From Chicago Looking?




               #   Top 10 Outbound Home Searches By Locals
              1      Lake County-Kenosha County, IL-WI
              2      Gary, IN
              3      Phoenix-Mesa-Glendale, AZ
              4      New York-White Plains-Wayne, NY-NJ
              5      Los Angeles-Long Beach-Glendale, CA
              6      Tampa-St. Petersburg-Clearwater, FL
              7      Indianapolis-Carmel, IN
              8      Minneapolis-St. Paul-Bloomington, MN-WI
              9      Atlanta-Sandy Springs-Marietta, GA
              10     Rockford, IL


15
From Where Are House Hunters Searching In Chicago?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Lake County-Kenosha County, IL-WI
               2      New York-White Plains-Wayne, NY-NJ
               3      Indianapolis-Carmel, IN
               4      St. Louis, MO-IL
               5      Washington-Arlington-Alexandria, DC-VA-MD-WV
               6      Seattle-Bellevue-Everett, WA
               7      Minneapolis-St. Paul-Bloomington, MN-WI
               8      Springfield, IL
               9      Gary, IN
               10     Milwaukee-Waukesha-West Allis, WI


15
Where Are House Hunters From Houston Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      San Antonio-New Braunfels, TX
               2      Austin-Round Rock-San Marcos, TX
               3      Dallas-Plano-Irving, TX
               4      Fort Worth-Arlington, TX
               5      Los Angeles-Long Beach-Glendale, CA
               6      Beaumont-Port Arthur, TX
               7      Denver-Aurora-Broomfield, CO
               8      Chicago-Joliet-Naperville, IL
               9      Corpus Christi, TX
               10     New York-White Plains-Wayne, NY-NJ


15
From Where Are House Hunters Searching In Houston?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Dallas-Plano-Irving, TX
               2      Austin-Round Rock-San Marcos, TX
               3      Beaumont-Port Arthur, TX
               4      Los Angeles-Long Beach-Glendale, CA
               5      Chicago-Joliet-Naperville, IL
               6      Killeen-Temple-Fort Hood, TX
               7      San Antonio-New Braunfels, TX
               8      Philadelphia, PA
               9      New York-White Plains-Wayne, NY-NJ
               10     Atlanta-Sandy Springs-Marietta, GA


15
Where Are House Hunters From Las Vegas Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Los Angeles-Long Beach-Glendale, CA
               2      Phoenix-Mesa-Glendale, AZ
               3      Riverside-San Bernardino-Ontario, CA
               4      San Diego-Carlsbad-San Marcos, CA
               5      Santa Ana-Anaheim-Irvine, CA
               6      Portland-Vancouver-Hillsboro, OR-WA
               7      Chicago-Joliet-Naperville, IL
               8      Pahrump, NV
               9      Reno-Sparks, NV
               10     Seattle-Bellevue-Everett, WA


15
From Where Are House Hunters Searching In Las Vegas?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Los Angeles-Long Beach-Glendale, CA
               2      Santa Ana-Anaheim-Irvine, CA
               3      Honolulu, HI
               4      Chicago-Joliet-Naperville, IL
               5      New York-White Plains-Wayne, NY-NJ
               6      Seattle-Bellevue-Everett, WA
               7      San Diego-Carlsbad-San Marcos, CA
               8      Denver-Aurora-Broomfield, CO
               9      Portland-Vancouver-Hillsboro, OR-WA
               10     Phoenix-Mesa-Glendale, AZ


15
Where Are House Hunters From Los Angeles Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Riverside-San Bernardino-Ontario, CA
               2      Santa Ana-Anaheim-Irvine, CA
               3      Oxnard-Thousand Oaks-Ventura, CA
               4      San Diego-Carlsbad-San Marcos, CA
               5      Las Vegas-Paradise, NV
               6      Phoenix-Mesa-Glendale, AZ
               7      Bakersfield-Delano, CA
               8      New York-White Plains-Wayne, NY-NJ
               9      Sacramento--Arden-Arcade--Roseville, CA
               10     Oakland-Fremont-Hayward, CA


15
From Where Are House Hunters Searching In Los Angeles?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Santa Ana-Anaheim-Irvine, CA
               2      Riverside-San Bernardino-Ontario, CA
               3      New York-White Plains-Wayne, NY-NJ
               4      Chicago-Joliet-Naperville, IL
               5      San Diego-Carlsbad-San Marcos, CA
               6      Oxnard-Thousand Oaks-Ventura, CA
               7      Phoenix-Mesa-Glendale, AZ
               8      Oakland-Fremont-Hayward, CA
               9      Washington-Arlington-Alexandria, DC-VA-MD-WV
               10     Seattle-Bellevue-Everett, WA


15
Where Are House Hunters From Miami Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
               2      West Palm Beach-Boca Raton-Boynton Beach, FL
               3      Port St. Lucie, FL
               4      Orlando-Kissimmee-Sanford, FL
               5      New York-White Plains-Wayne, NY-NJ
               6      Atlanta-Sandy Springs-Marietta, GA
               7      Tampa-St. Petersburg-Clearwater, FL
               8      Cape Coral-Fort Myers, FL
               9      Los Angeles-Long Beach-Glendale, CA
               10     Jacksonville, FL


15
From Where Are House Hunters Searching In Miami?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
               2      New York-White Plains-Wayne, NY-NJ
               3      Washington-Arlington-Alexandria, DC-VA-MD-WV
               4      West Palm Beach-Boca Raton-Boynton Beach, FL
               5      Atlanta-Sandy Springs-Marietta, GA
               6      Chicago-Joliet-Naperville, IL
               7      Philadelphia, PA
               8      Seattle-Bellevue-Everett, WA
               9      Los Angeles-Long Beach-Glendale, CA
               10     Newark-Union, NJ-PA


15
Where Are House Hunters From New York City Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Nassau-Suffolk, NY
               2      Newark-Union, NJ-PA
               3      Edison-New Brunswick, NJ
               4      Bridgeport-Stamford-Norwalk, CT
               5      Poughkeepsie-Newburgh-Middletown, NY
               6      Philadelphia, PA
               7      Los Angeles-Long Beach-Glendale, CA
               8      Atlanta-Sandy Springs-Marietta, GA
               9      Miami-Miami Beach-Kendall, FL
               10     West Palm Beach-Boca Raton-Boynton Beach, FL


15
From Where Are House Hunters Searching In New York City?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Newark-Union, NJ-PA
               2      Nassau-Suffolk, NY
               3      Edison-New Brunswick, NJ
               4      Washington-Arlington-Alexandria, DC-VA-MD-WV
               5      Philadelphia, PA
               6      Los Angeles-Long Beach-Glendale, CA
               7      Bridgeport-Stamford-Norwalk, CT
               8      Chicago-Joliet-Naperville, IL
               9      Poughkeepsie-Newburgh-Middletown, NY
               10     Atlanta-Sandy Springs-Marietta, GA


15
Where Are House Hunters From San Francisco Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Oakland-Fremont-Hayward, CA
               2      San Jose-Sunnyvale-Santa Clara, CA
               3      Sacramento--Arden-Arcade--Roseville, CA
               4      Santa Rosa-Petaluma, CA
               5      Los Angeles-Long Beach-Glendale, CA
               6      New York-White Plains-Wayne, NY-NJ
               7      Visalia-Porterville, CA
               8      Stockton, CA
               9      Santa Cruz-Watsonville, CA
               10     Vallejo-Fairfield, CA


15
From Where Are House Hunters Searching In San Francisco?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Oakland-Fremont-Hayward, CA
               2      San Jose-Sunnyvale-Santa Clara, CA
               3      Los Angeles-Long Beach-Glendale, CA
               4      New York-White Plains-Wayne, NY-NJ
               5      Santa Rosa-Petaluma, CA
               6      Sacramento--Arden-Arcade--Roseville, CA
               7      Washington-Arlington-Alexandria, DC-VA-MD-WV
               8      Chicago-Joliet-Naperville, IL
               9      Phoenix-Mesa-Glendale, AZ
               10     Houston-Sugar Land-Baytown, TX


15
Where Are House Hunters From Seattle Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Phoenix-Mesa-Glendale, AZ
               2      Los Angeles-Long Beach-Glendale, CA
               3      New York-White Plains-Wayne, NY-NJ
               4      Riverside-San Bernardino-Ontario, CA
               5      Chicago-Joliet-Naperville, IL
               6      Atlanta-Sandy Springs-Marietta, GA
               7      Tacoma, WA
               8      Las Vegas-Paradise, NV
               9      Spokane, WA
               10     San Diego-Carlsbad-San Marcos, CA


15
From Where Are House Hunters Searching In Seattle?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Bremerton-Silverdale, WA
               2      Portland-Vancouver-Hillsboro, OR-WA
               3      Tacoma, WA
               4      Los Angeles-Long Beach-Glendale, CA
               5      New York-White Plains-Wayne, NY-NJ
               6      Chicago-Joliet-Naperville, IL
               7      Santa Ana-Anaheim-Irvine, CA
               8      Denver-Aurora-Broomfield, CO
               9      Dallas-Plano-Irving, TX
               10     Washington-Arlington-Alexandria, DC-VA-MD-WV


15
Where Are House Hunters From Washington DC Looking?




               #    Top 10 Outbound Home Searches By Locals
               1      Bethesda-Rockville-Frederick, MD
               2      Baltimore-Towson, MD
               3      New York-White Plains-Wayne, NY-NJ
               4      Virginia Beach-Norfolk-Newport News, VA-NC
               5      Philadelphia, PA
               6      Richmond, VA
               7      Atlanta-Sandy Springs-Marietta, GA
               8      Los Angeles-Long Beach-Glendale, CA
               9      Tampa-St. Petersburg-Clearwater, FL
               10     Orlando-Kissimmee-Sanford, FL


15
From Where Are House Hunters Searching In Washington DC?




               #    Top 10 Inbound Home Searches By Out-of-Towners
               1      Baltimore-Towson, MD
               2      Bethesda-Rockville-Frederick, MD
               3      New York-White Plains-Wayne, NY-NJ
               4      Richmond, VA
               5      Philadelphia, PA
               6      Culpeper, VA
               7      Virginia Beach-Norfolk-Newport News, VA-NC
               8      Chicago-Joliet-Naperville, IL
               9      Columbus, OH
               10     Atlanta-Sandy Springs-Marietta, GA


15
Methodology

       Trulia’s Metro Movers Report is a forward-looking indicator of where people
       are today and where they want to live tomorrow that’s based on property
       searches on Trulia.com.

       Trulia defines a metropolitan area’s future housing demand as being strong
       or weak based on the number of incoming property searches by out-of-
       towners versus the number of outgoing property searches by locals. After
       adjusting for total views and site coverage, almost 100 million property
       views were included in this study.

       The Winter 2012 report examines all the property searches between metro
       areas at least 100 miles away from each other between October 1, 2011
       and December 31, 2011.

       Sample Metro Movers Index Calculation for Gotham City
        – # of inbound property views by outsiders: 200
        – # of outbound property views by locals: 100
        – Gotham City’s demand index: 200/100 = 2
        – Interpretation: 2X as many people might want to move to Gotham City
          in the future than leave



45
About Trulia


       Trulia is the fastest growing online real estate resource, empowering
       buyers, sellers and renters with smarter tools to help them find the
       right home. Trulia gives you the inside scoop to help you find the
       best place to live. Our smart and personalized real estate
       search experience brings together vital local information, community
       insights, market data, and national listings all in one place. Trulia is
       headquartered in downtown San Francisco and is backed by Accel
       Partners and Sequoia Capital. Trulia and the Trulia logo are
       registered trademarks of Trulia, Inc.

       To learn more, email us at pr@trulia.com




46

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Trulia Metro Movers Report - Winter 2012

  • 1. Trulia’s Metro Movers Report Winter 2012
  • 2. What Does The Metro Movers Report Tell Us? Trulia’s Metro Movers Report is the first housing report that starts with where homebuyers and renters are today, and then provides the inside scoop on where they want to live tomorrow. 2
  • 3. Defining A Metro’s Housing Demand As Strong Or Weak Trulia defines a metropolitan area’s future housing demand as being strong or weak based on the number of incoming property searches by out-of-towners at least 100 miles away versus the number of outgoing property searches by locals to destinations at least 100 miles away. Interpretation Key - # of Inbound Property Searches Per Outbound Search – > 1: Housing demand in this metro is strong with more searches by out-of-towners looking to move in than by locals looking to leave. – <1: Housing demand in this metro is weak, where there are more searches by locals looking to leave than by out-of-towners looking to move in. – =1: Housing demand in this metro is neutral. There are an equal number of inbound and outbound home searches Sample Calculation for Gotham City – # of inbound property views by out-of-towners: 200 – # of outbound property views by locals: 100 – Gotham City’s demand index: 200/100 = 2 – Interpretation: 2X as many people might want to move to Gotham City in the future than leave 3
  • 5. House Hunters Near and Far Eye Florida Real Estate • Even with a backlog of homes unable to complete the foreclosure process, big price declines mean more people are looking to move to Florida than leave. – Of the top 10 metros where demand among online house hunters is strongest, 7 are located in the Sunshine state. – One-third of all the home searches in Miami on Trulia.com originate from people living more than 500 miles away. 5
  • 6. Who’s Searching in Florida? • New York City is the top source of long distance (100 miles or more) home searches for properties along the Atlantic coast and Central Florida (e.g., Lakeland-Winter Haven, Fort Lauderdale and West Palm Beach). • More long distance searches for Gulf Coast homes (e.g., North Port-Bradenton- Sarasota and Cape Coral) come from Chicago than from anywhere else. 12
  • 7. Where Demand Among Online House Hunters Is Strongest Despite high foreclosure rates and lost equity, huge prices declines in Florida and inland California have drawn house hunters from across the country. # of Inbound Searches # U.S. Metropolitan Area Per Outbound Search 1 Palm Bay-Melbourne-Titusville, FL 8.80 2 Lakeland-Winter Haven, FL 7.60 3 North Port-Bradenton-Sarasota, FL 6.62 4 Cape Coral-Fort Myers, FL 2.59 5 Tulsa, OK 2.48 6 West Palm Beach-Boca Raton-Boynton Beach, FL 2.46 7 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2.44 8 Riverside-San Bernardino-Ontario, CA 2.43 9 Charleston-North Charleston-Summerville, SC 2.40 10 Orlando-Kissimmee-Sanford, FL 2.30 10
  • 8. Where Demand Among Online House Hunters Is Weakest More people are looking to leave big metro areas – such as Newark, San Jose, Philadelphia and Seattle – than move in. # of Inbound Searches # U.S. Metropolitan Area Per Outbound Search 1 Newark-Union, NJ-PA 3.65 2 San Jose-Sunnyvale-Santa Clara, CA 2.60 3 Washington-Arlington-Alexandria, DC-VA-MD-WV 2.54 4 Philadelphia, PA 2.40 5 Bethesda-Rockville-Frederick, MD 2.25 6 New Haven-Milford, CT 2.21 7 Baltimore-Towson, MD 2.17 8 Seattle-Bellevue-Everett, WA 2.11 9 Camden, NJ 2.11 10 Omaha-Council Bluffs, NE-IA 2.04 10
  • 9. Best-Kept Secret Neighborhoods Across America Using the same analysis behind the Metro Movers report, Trulia reveals where are the desirable neighborhoods in major cities where locals want to live that out-of-towners often overlook. U.S. City Best-Kept Secret Neighborhood Zip Code New York Hunters Point (Long Island City, Queens) 11101 Los Angeles La Brea / Hancock Park 90036 Chicago West Town / Wicker Park 60622 San Francisco Diamond Heights / Glen Park 94131 Miami Key Biscayne 33149 Washington DC Logan Circle 20005 Boston Fort Point / Seaport District 02210 Houston Spring Branch East 77055 Dallas Greenway Parks 75209 Seattle Sunset Hill / North Beach 98117 10
  • 11. Where Are House Hunters From Atlanta Looking? # Top 10 Outbound Home Searches By Locals 1 Gainesville, GA 2 Athens-Clarke County, GA 3 Jacksonville, FL 4 New York-White Plains-Wayne, NY-NJ 5 Tampa-St. Petersburg-Clearwater, FL 6 Birmingham-Hoover, AL 7 Columbus, GA-AL 8 Orlando-Kissimmee-Sanford, FL 9 Charlotte-Gastonia-Rock Hill, NC-SC 10 Los Angeles-Long Beach-Glendale, CA 15
  • 12. From Where Are House Hunters Searching In Atlanta? # Top 10 Inbound Home Searches By Out-of-Towners 1 New York-White Plains-Wayne, NY-NJ 2 Washington-Arlington-Alexandria, DC-VA-MD-WV 3 Chicago-Joliet-Naperville, IL 4 Philadelphia, PA 5 Tampa-St. Petersburg-Clearwater, FL 6 Los Angeles-Long Beach-Glendale, CA 7 Seattle-Bellevue-Everett, WA 8 Newark-Union, NJ-PA 9 Athens-Clarke County, GA 10 Miami-Miami Beach-Kendall, FL 15
  • 13. Where Are House Hunters From Chicago Looking? # Top 10 Outbound Home Searches By Locals 1 Lake County-Kenosha County, IL-WI 2 Gary, IN 3 Phoenix-Mesa-Glendale, AZ 4 New York-White Plains-Wayne, NY-NJ 5 Los Angeles-Long Beach-Glendale, CA 6 Tampa-St. Petersburg-Clearwater, FL 7 Indianapolis-Carmel, IN 8 Minneapolis-St. Paul-Bloomington, MN-WI 9 Atlanta-Sandy Springs-Marietta, GA 10 Rockford, IL 15
  • 14. From Where Are House Hunters Searching In Chicago? # Top 10 Inbound Home Searches By Out-of-Towners 1 Lake County-Kenosha County, IL-WI 2 New York-White Plains-Wayne, NY-NJ 3 Indianapolis-Carmel, IN 4 St. Louis, MO-IL 5 Washington-Arlington-Alexandria, DC-VA-MD-WV 6 Seattle-Bellevue-Everett, WA 7 Minneapolis-St. Paul-Bloomington, MN-WI 8 Springfield, IL 9 Gary, IN 10 Milwaukee-Waukesha-West Allis, WI 15
  • 15. Where Are House Hunters From Houston Looking? # Top 10 Outbound Home Searches By Locals 1 San Antonio-New Braunfels, TX 2 Austin-Round Rock-San Marcos, TX 3 Dallas-Plano-Irving, TX 4 Fort Worth-Arlington, TX 5 Los Angeles-Long Beach-Glendale, CA 6 Beaumont-Port Arthur, TX 7 Denver-Aurora-Broomfield, CO 8 Chicago-Joliet-Naperville, IL 9 Corpus Christi, TX 10 New York-White Plains-Wayne, NY-NJ 15
  • 16. From Where Are House Hunters Searching In Houston? # Top 10 Inbound Home Searches By Out-of-Towners 1 Dallas-Plano-Irving, TX 2 Austin-Round Rock-San Marcos, TX 3 Beaumont-Port Arthur, TX 4 Los Angeles-Long Beach-Glendale, CA 5 Chicago-Joliet-Naperville, IL 6 Killeen-Temple-Fort Hood, TX 7 San Antonio-New Braunfels, TX 8 Philadelphia, PA 9 New York-White Plains-Wayne, NY-NJ 10 Atlanta-Sandy Springs-Marietta, GA 15
  • 17. Where Are House Hunters From Las Vegas Looking? # Top 10 Outbound Home Searches By Locals 1 Los Angeles-Long Beach-Glendale, CA 2 Phoenix-Mesa-Glendale, AZ 3 Riverside-San Bernardino-Ontario, CA 4 San Diego-Carlsbad-San Marcos, CA 5 Santa Ana-Anaheim-Irvine, CA 6 Portland-Vancouver-Hillsboro, OR-WA 7 Chicago-Joliet-Naperville, IL 8 Pahrump, NV 9 Reno-Sparks, NV 10 Seattle-Bellevue-Everett, WA 15
  • 18. From Where Are House Hunters Searching In Las Vegas? # Top 10 Inbound Home Searches By Out-of-Towners 1 Los Angeles-Long Beach-Glendale, CA 2 Santa Ana-Anaheim-Irvine, CA 3 Honolulu, HI 4 Chicago-Joliet-Naperville, IL 5 New York-White Plains-Wayne, NY-NJ 6 Seattle-Bellevue-Everett, WA 7 San Diego-Carlsbad-San Marcos, CA 8 Denver-Aurora-Broomfield, CO 9 Portland-Vancouver-Hillsboro, OR-WA 10 Phoenix-Mesa-Glendale, AZ 15
  • 19. Where Are House Hunters From Los Angeles Looking? # Top 10 Outbound Home Searches By Locals 1 Riverside-San Bernardino-Ontario, CA 2 Santa Ana-Anaheim-Irvine, CA 3 Oxnard-Thousand Oaks-Ventura, CA 4 San Diego-Carlsbad-San Marcos, CA 5 Las Vegas-Paradise, NV 6 Phoenix-Mesa-Glendale, AZ 7 Bakersfield-Delano, CA 8 New York-White Plains-Wayne, NY-NJ 9 Sacramento--Arden-Arcade--Roseville, CA 10 Oakland-Fremont-Hayward, CA 15
  • 20. From Where Are House Hunters Searching In Los Angeles? # Top 10 Inbound Home Searches By Out-of-Towners 1 Santa Ana-Anaheim-Irvine, CA 2 Riverside-San Bernardino-Ontario, CA 3 New York-White Plains-Wayne, NY-NJ 4 Chicago-Joliet-Naperville, IL 5 San Diego-Carlsbad-San Marcos, CA 6 Oxnard-Thousand Oaks-Ventura, CA 7 Phoenix-Mesa-Glendale, AZ 8 Oakland-Fremont-Hayward, CA 9 Washington-Arlington-Alexandria, DC-VA-MD-WV 10 Seattle-Bellevue-Everett, WA 15
  • 21. Where Are House Hunters From Miami Looking? # Top 10 Outbound Home Searches By Locals 1 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 West Palm Beach-Boca Raton-Boynton Beach, FL 3 Port St. Lucie, FL 4 Orlando-Kissimmee-Sanford, FL 5 New York-White Plains-Wayne, NY-NJ 6 Atlanta-Sandy Springs-Marietta, GA 7 Tampa-St. Petersburg-Clearwater, FL 8 Cape Coral-Fort Myers, FL 9 Los Angeles-Long Beach-Glendale, CA 10 Jacksonville, FL 15
  • 22. From Where Are House Hunters Searching In Miami? # Top 10 Inbound Home Searches By Out-of-Towners 1 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 New York-White Plains-Wayne, NY-NJ 3 Washington-Arlington-Alexandria, DC-VA-MD-WV 4 West Palm Beach-Boca Raton-Boynton Beach, FL 5 Atlanta-Sandy Springs-Marietta, GA 6 Chicago-Joliet-Naperville, IL 7 Philadelphia, PA 8 Seattle-Bellevue-Everett, WA 9 Los Angeles-Long Beach-Glendale, CA 10 Newark-Union, NJ-PA 15
  • 23. Where Are House Hunters From New York City Looking? # Top 10 Outbound Home Searches By Locals 1 Nassau-Suffolk, NY 2 Newark-Union, NJ-PA 3 Edison-New Brunswick, NJ 4 Bridgeport-Stamford-Norwalk, CT 5 Poughkeepsie-Newburgh-Middletown, NY 6 Philadelphia, PA 7 Los Angeles-Long Beach-Glendale, CA 8 Atlanta-Sandy Springs-Marietta, GA 9 Miami-Miami Beach-Kendall, FL 10 West Palm Beach-Boca Raton-Boynton Beach, FL 15
  • 24. From Where Are House Hunters Searching In New York City? # Top 10 Inbound Home Searches By Out-of-Towners 1 Newark-Union, NJ-PA 2 Nassau-Suffolk, NY 3 Edison-New Brunswick, NJ 4 Washington-Arlington-Alexandria, DC-VA-MD-WV 5 Philadelphia, PA 6 Los Angeles-Long Beach-Glendale, CA 7 Bridgeport-Stamford-Norwalk, CT 8 Chicago-Joliet-Naperville, IL 9 Poughkeepsie-Newburgh-Middletown, NY 10 Atlanta-Sandy Springs-Marietta, GA 15
  • 25. Where Are House Hunters From San Francisco Looking? # Top 10 Outbound Home Searches By Locals 1 Oakland-Fremont-Hayward, CA 2 San Jose-Sunnyvale-Santa Clara, CA 3 Sacramento--Arden-Arcade--Roseville, CA 4 Santa Rosa-Petaluma, CA 5 Los Angeles-Long Beach-Glendale, CA 6 New York-White Plains-Wayne, NY-NJ 7 Visalia-Porterville, CA 8 Stockton, CA 9 Santa Cruz-Watsonville, CA 10 Vallejo-Fairfield, CA 15
  • 26. From Where Are House Hunters Searching In San Francisco? # Top 10 Inbound Home Searches By Out-of-Towners 1 Oakland-Fremont-Hayward, CA 2 San Jose-Sunnyvale-Santa Clara, CA 3 Los Angeles-Long Beach-Glendale, CA 4 New York-White Plains-Wayne, NY-NJ 5 Santa Rosa-Petaluma, CA 6 Sacramento--Arden-Arcade--Roseville, CA 7 Washington-Arlington-Alexandria, DC-VA-MD-WV 8 Chicago-Joliet-Naperville, IL 9 Phoenix-Mesa-Glendale, AZ 10 Houston-Sugar Land-Baytown, TX 15
  • 27. Where Are House Hunters From Seattle Looking? # Top 10 Outbound Home Searches By Locals 1 Phoenix-Mesa-Glendale, AZ 2 Los Angeles-Long Beach-Glendale, CA 3 New York-White Plains-Wayne, NY-NJ 4 Riverside-San Bernardino-Ontario, CA 5 Chicago-Joliet-Naperville, IL 6 Atlanta-Sandy Springs-Marietta, GA 7 Tacoma, WA 8 Las Vegas-Paradise, NV 9 Spokane, WA 10 San Diego-Carlsbad-San Marcos, CA 15
  • 28. From Where Are House Hunters Searching In Seattle? # Top 10 Inbound Home Searches By Out-of-Towners 1 Bremerton-Silverdale, WA 2 Portland-Vancouver-Hillsboro, OR-WA 3 Tacoma, WA 4 Los Angeles-Long Beach-Glendale, CA 5 New York-White Plains-Wayne, NY-NJ 6 Chicago-Joliet-Naperville, IL 7 Santa Ana-Anaheim-Irvine, CA 8 Denver-Aurora-Broomfield, CO 9 Dallas-Plano-Irving, TX 10 Washington-Arlington-Alexandria, DC-VA-MD-WV 15
  • 29. Where Are House Hunters From Washington DC Looking? # Top 10 Outbound Home Searches By Locals 1 Bethesda-Rockville-Frederick, MD 2 Baltimore-Towson, MD 3 New York-White Plains-Wayne, NY-NJ 4 Virginia Beach-Norfolk-Newport News, VA-NC 5 Philadelphia, PA 6 Richmond, VA 7 Atlanta-Sandy Springs-Marietta, GA 8 Los Angeles-Long Beach-Glendale, CA 9 Tampa-St. Petersburg-Clearwater, FL 10 Orlando-Kissimmee-Sanford, FL 15
  • 30. From Where Are House Hunters Searching In Washington DC? # Top 10 Inbound Home Searches By Out-of-Towners 1 Baltimore-Towson, MD 2 Bethesda-Rockville-Frederick, MD 3 New York-White Plains-Wayne, NY-NJ 4 Richmond, VA 5 Philadelphia, PA 6 Culpeper, VA 7 Virginia Beach-Norfolk-Newport News, VA-NC 8 Chicago-Joliet-Naperville, IL 9 Columbus, OH 10 Atlanta-Sandy Springs-Marietta, GA 15
  • 31. Methodology Trulia’s Metro Movers Report is a forward-looking indicator of where people are today and where they want to live tomorrow that’s based on property searches on Trulia.com. Trulia defines a metropolitan area’s future housing demand as being strong or weak based on the number of incoming property searches by out-of- towners versus the number of outgoing property searches by locals. After adjusting for total views and site coverage, almost 100 million property views were included in this study. The Winter 2012 report examines all the property searches between metro areas at least 100 miles away from each other between October 1, 2011 and December 31, 2011. Sample Metro Movers Index Calculation for Gotham City – # of inbound property views by outsiders: 200 – # of outbound property views by locals: 100 – Gotham City’s demand index: 200/100 = 2 – Interpretation: 2X as many people might want to move to Gotham City in the future than leave 45
  • 32. About Trulia Trulia is the fastest growing online real estate resource, empowering buyers, sellers and renters with smarter tools to help them find the right home. Trulia gives you the inside scoop to help you find the best place to live. Our smart and personalized real estate search experience brings together vital local information, community insights, market data, and national listings all in one place. Trulia is headquartered in downtown San Francisco and is backed by Accel Partners and Sequoia Capital. Trulia and the Trulia logo are registered trademarks of Trulia, Inc. To learn more, email us at pr@trulia.com 46