Hitwise and Google show that foreclosure searches are creeping up on “traditional” searches regarding properties for sale. UPDATE: RealtyTrac reports a 6% rise in foreclosures in February 2009 over January 2009, with a 30% increase over February 2008. On March 12, 2009, Hitwise reported that foreclosure searches are on the rise.
For fun I ran the top five Hitwise searches in Google Trends to see the differences between the search reporting engines. Google had slightly different data.
Next I compared the search term “foreclosures” against search terms “homes for sale” and “real estate for sale” over a 12 month period. Here’s what I found:
foreclosures, homes for sale, real estate for sale, US, Last 12 months
Then I focused on Nevada for the same search phrases: forclosures, homes for sale, real estate for sale, NV, Last 12 months
Finally, I narrowed the searches down to Las Vegas: foreclosures, homes for sale, real estate for sale, LAS VEGAS, NV, Last 12 months