More people using Web for real estate search

Inman Real Estate News:

More people using Web for real estate searchPew study: 39% of Internet users look for housing info onlineFriday, December 15, 2006Inman News
The number of Internet users who look for housing information online has grown steadily over the last six years, a new study finds, thanks to more online resources for listings and other real estate information.

Nearly two in five adult Internet users in the United States, or 39 percent, have looked online for information about a place to live -- double the overall number of Americans who had done so in 2000, according to the Pew Internet & American Life Project. That was up from 34 percent in 2004 and 27 percent in 2000.

Overall, more than a quarter of all adults in the United States, or 27 percent, have looked online for information about housing, more than double the overall number of Americans who had done so in 2000 (13 percent).
Younger Internet users were more likely to seek housing information online than older Web users. Fifty-one percent of Internet users 18-29 years old have searched online for housing information, compared with 43 percent of Internet users 30-49 years old, 27 percent of Internet users 50-64 years old, and 15 percent of Internet users age 65 and older.

Moreover, 9 percent of Internet users 18-29 years old reported in August that they looked for housing information on a typical day, more than double the percentage (4 percent) in this age group who said the same thing two years earlier."

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Source: Inman News