New Yorkers, Washingtonians and Atlantans are logging more and more internet searches for South Florida real estate, a sign that the region’s troubled housing market could receive even more outside investment in the future.
In the wake of a severe housing bust, Florida has become one of the most popular locales for Americans seeking low-priced real estate, according to a report released Wednesday by real estate website Trulia.com.
“Despite the big price declines, and probably because of the big price declines, we’re seeing so much inbound search activity from people within Florida and especially from outside Florida,” said Jed Kolko, chief economist for Trulia.