Real Estate Data for the Rest of Us

articles about “house hunting

Where Violent Crimes Happen

Trulia Local gives you the local scoop on where violent crime happens, adding an extra layer of insights to its crime maps.

the Trulia Trends team
March 8, 2012

At Trulia, we work hard to help you find the best place to live and we’ve been exploring the seedy underworld of crime, so that you don’t accidentally buy a home and move to the bad part of town.

Last year, we brought our Crime Maps to life, which illustrated where crime happens in 50 U.S. counties and later did an investigation into when crime happens. Most recently, we launched Trulia Local which expanded the coverage of our original Crime Maps across the entire country (while also providing insights on schools and neighborhood amenities) to help house hunters answer the question: “What’s it like to live here?”

What we’ve done up to this point for our heat maps is show you crime density — that is, where are the areas with the most crimes? As you can see in San Francisco, there’s a lot of action in the Tenderloin, some in the Mission and Downtown, and not much elsewhere. Given the Tenderloin’s reputation, most people (who think they know the the city) would say that sounds about right.

But is it right? Ask any native San Franciscans and they’ll probably balk and say, “what about Hunters Point?” (FYI, this neighborhood has a notorious reputation. In fact, the NY Times described it as being “one of the city’s most violent neighborhoods.”)

Well as it turns out, Hunters Point, which is located in the southeast part of San Francisco, doesn’t experience a ton of crime — but when it does happen, they’re violent: fights, shootings and assaults.

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Location Matters – Value of a Square Foot

You can get a lot of house for practically pennies OR very little house for way too much money depending on where you’re looking.

the Trulia Trends team
March 2, 2012

Sure seems like everyone is looking for a deal these days, especially when it comes to buying a home. But the truth of the matter is that where a local market ranks on the value scale depends a LOT on its location.

Why is that? Well, consider this real estate fact of life — a “bargain bin” home in New York City’s got nothing on the dirt cheap real estate in Detroit. But, what happens when we look at the price of a home on a per square foot basis?  It levels the playing field and allows us to see how much of a bargain homebuyers can really get in different cities. And those numbers are definitely surprising.

To help shine a little spotlight on this very important data point that every homebuyer and seller needs to consider, we charted out the median square footage for the 100 largest U.S. cities, and then sorted everything by the price per square foot. Check it out.

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For The Love Of Real Estate

Ahead of Valentine's Day, Trulia surveyed Americans across the country to see how much real estate and dating choices intertwine.

the Trulia Trends team
February 13, 2012

When it comes to dating, we all have our own kooky preferences for finding that special someone. Whether we’re looking strictly for dog lovers, vegetarians, outdoorsy types or homebodies, everyone has a check-list of “must haves” or “would likes” to screen out the best possible prospects.

With Valentine’s Day right around the corner, we asked ourselves whether a person’s living situation affects their chances of finding love? Are women more attracted to men who own a home? Do men prefer women who rent in the suburbs vs. the city?  We fielded our Love & Housing survey asking more than 2,000 US adults how much they care about a potential partner’s housing preference.  

We found some surprising and some not-so-surprising stats on how today’s singles view dating and real estate.

Trulia Valentine's Day Survey, part 1

 

Single and living with your parents? It may be time to move out.
It is now officially official that if you call your parents, “roomies,” you probably have a non-existent dating life. According to our survey, only 5% of unmarried U.S. adults would prefer date someone in that living situation.

But parents aside, most unmarried adults (62%) would rather date someone who lives alone versus someone who lives with other people — which makes sense. Living alone means no distractions and more privacy. However, when it comes to location and the type of home, there was definitely a noticeable difference between men and women. More women preferred to date someone who lived in a house in the suburbs and more men preferred dating someone in an apartment in the city. What can we say, guys like the fast-paced city life and girls long for the white picket fence!

Would you, personally, prefer dating someone who lives…?
Total, Unmarried U.S. Adults
Alone 62%
With other people 14%
Other or None 24%

 

Would you, personally, prefer dating someone who lives…?
Total Unmarried Men Unmarried Women
Alone in a house in the suburbs 33% 29% 37%
Alone in an apartment in the city 29% 32% 25%
With roommates in either the suburbs or the city 9% 14% 9%
With their parents 5% 6% 4%

 

More men open to shacking up to save money
When you take that big step to live with your boyfriend or girlfriend, you are ultimately giving up your single life and layin down some commitment. But these days, this move is sometimes less about the solidifying the relationship and more about being economical. In our survey, a whopping 74% of unattached renters (meaning those who don’t own a home and haven’t tied the knot/haven’t made the decision to live together) said they would be at least somewhat willing to live with their significant other to save money. What we found was rather interesting. Men are more likely to be very willing or willing than women (51% vs. 34%) to giving up the bachelor pad to save some money!

Would you be willing to live with a boyfriend, girlfriend or significant other to save money due to the economy?
Total Unmarried Men Unmarried Women
Very Willing 21% 23% 18%
Willing 22% 28% 16%
Somewhat willing 32% 28% 36%
Not at all willing 26% 21% 30%

 

Homeownership is NOT a deal breaker.
A majority (63%) of unmarried U.S. adults said it didn’t matter whether their significant other owned their own home or rented. That said, there are definitely more than a few picky daters out there who do care. Women in particular are more likely than men to prefer dating a homeowner versus a renter (36% vs. 19%). What can we say, some women really know what they want.

Would prefer dating someone who rents or owns their own home?
Total Unmarried Men Unmarried Women
Owns their own home 28% 19% 36%
Rents their home 2% 2% 2%
It Doesn’t matter to me 63% 72% 54%
Not Sure 7% 6% 8%

 

Younger daters say homeownership signals commitment
Among unmarried U.S. adults, 43% said homeownership is NOT an indication that someone may be serious about being in a long-term committed relationship, such as marriage. And when we looked at what men and women said separately, there was only a sliver of a difference — 36% of women and 33% of men said owning a home was a signal that someone is ready to settle down.

However, when we took a at the differences in opinions across different generations, 44%  of  millenials (18-34 year olds) felt that homeownership does equal commitment while only 26% of Baby Boomers (55+ year olds) felt the same.

Do you think homeownership indicates that a person may be serious about being in a long-term committed relationship, such as marriage?
Total 18-34 YO 35-44 YO 45-54 YO 55+ YO
Yes 34% 44% 28% 26% 26%
No 43% 35% 50% 54% 47%
Not Sure 22% 21% 21% 21% 26%


What spells love at first sight for first-time homebuyers
We asked all U.S. adults surveyed to select every amentitiy that would make them “fall in love” with a home. For men and women in the market for their first home, both sexes are actually seeing eye to eye on what’s most important — which according to our survey is the master bathroom, followed by a … walk-in closet!? Guess there is a lot more synergy between the sexes than we thought and that men care as much about their shoes and clothes as women do!

Maybe the battle of the sexes on this issue isn’t much of a battle after all.

Love and housing – it’s a tricky little thing :)

 

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Best-Kept Secret Neighborhoods Across America

Where are the locals looking? Find out which neighborhoods in major U.S. metros are being overlooked by out-of-town house hunters

Jed Kolko, Chief Economist
February 10, 2012

House hunters typically don’t venture too far from where they live today. Most people look for homes for saleor rentals across town, not across the country. However, more than one-third of searches are to homes at least 100 miles away. And as anyone who’s had to move knows, finding the best place to live isn’t easy — especially if you’re moving to an unfamiliar place.

Using the same analysis behind our Metro Movers report – a forward-looking housing report that starts with where people are today and offers insights on where they want to live tomorrow — we found that out-of-towners tend to look in name-brand neighborhoods such as Tribeca in New YorkBeverly Hills in Los Angeles,Miami Beach in MiamiPacific Heights in San Francisco and Georgetown in Washington, D.C.

But if you’re moving to a new city, maybe you want to find the neighborhoods that locals know but aren’t nationally famous. (Or maybe you’re a local trying to avoid the transplants and carpetbaggers.) These are what we call a city’s “best-kept secret” neighborhoods. They’re not secrets to most local house hunters, but outsiders looking to move in typically overlook them.

To find out which neighborhoods are the locals’ best-kept secrets, I looked at the zip codes within a city where locals account for more search activity than other similarly priced neighborhoods where out-of-towners tend to search. In general, pricier neighborhoods that are more famous tend to get more attention from non-locals. But many of our best-kept secret neighborhoods are pricey, too: many have been recently gentrified or redeveloped, while some have been quietly upscale for decades.

Using this methodology, here’s our list of America’s best-kept secret neighborhoods – we’ve also thrown in pics and links homes for sales (that are in the ballpark of the median list price) to give you an idea about what’s available in each neighborhood.

New York’s Best-Kept Secret Neighborhood: Hunters Point (Long Island City, Queens)
Zip Code: 11101
Median List Price: $695,750
What’s kind of pad can I get there? Check out this 2-bedroom, 2-bathroom, 1,060 sqft condo at 2415 Queens Plaza North for $699,000.

 

Los Angeles’s Best-Kept Secret Neighborhood: La Brea / Hancock Park
Zip Code: 90036
Median List Price: $959,000
What’s kind of pad can I get there? Check out this 3-bedroom, 2-bathroom, 1,871 sqft single family home at 800 South Burnside Avenue for $995,000.

La Brea_Hancock Park

 

Chicago’s Best-Kept Secret Neighborhood: West Town / Wicker Park
Zip Code: 60622
Median List Price: $350,000
What’s kind of pad can I get there? Check out this 2-bedroom, 2.5-bathroom, 1,600 sqft condo at 2121 West Schiller Street for $375,000.

Wicker Park_West Town

 

San Francisco’s Best-Kept Secret Neighborhood: Diamond Heights / Glen Park
Zip Code: 94131
Median List Price: $779,000
What’s kind of pad can I get there? Check out this 3-bedroom, 1-bathroom, 1,280 sqft single family home at 119 Joost Avenue for $689,000

 Glen Park / Diamond Heights

Miami’s Best-Kept Secret Neighborhood: Key Biscayne
Zip Code: 33149
Median List Price: $832,500
What’s kind of pad can I get there? Check out this 2-bedroom, 2-bathroom, 1,320 sqft condo at 200 Ocean Lane for $875,000.

Key Biscayne

 

Washington DC’s Best-Kept Secret Neighborhood: Logan Circle
Zip Code: 20005
Median List Price: $499,000
What’s kind of pad can I get there? Check out this 1-bedroom, 1-bathroom condo at 1401 Church Street Northwest for $474,900.

Logan Circle

 

Boston: Fort Point / Seaport District:Fort Point / Seaport District
Zip Code: 02210
Median List Price: $927,000
What’s kind of pad can I get there? Check out this 1-bedroom, 2-bathroom 1,914 sqft condo at 35 Channel Ctr for $899,000.

Fort Point

 

Houston’s Best-Kept Secret Neighborhood: Spring Branch East
Zip Code: 77055
Median List Price:
$332,000
What’s kind of pad can I get there? Check out this 3-bedroom, 2.5-bathroom, 2,667 sqft single family home at 7527 Woodvine Place Court for $335,000.

Spring Branch East

 

Dallas’ Best-Kept Secret Neighborhood: Greenway Parks
Zip Code: 75209
Median List Price: $448,975
What’s kind of pad can I get there? Check out this 3-bedroom, 2-bathroom 1,768 sqft single family room at 5523 Druid Lane for $478,000.

Greenway Parks

 

Seattle’s Best-Kept Secret Neighborhood: Sunset Hill / North Beach
Zip Code: 98117
Median List Price: $419,000
What’s kind of pad can I get there? Check out this 4-bedroom, 2.5-bathroom, 1,870 sqft single family room at 9209 7th Avenue NW for $425,000.

Sunset Hill_North Beach

 

Philadelphia’s Best-Kept Secret Neighborhood: Bella Vista / Southwark
Zip Code: 19147
Median List Price:$320,000
What’s kind of pad can I get there? Check out this 1-bedroom, 2-bathroom, 946 sqft condo at 712 South 12th Street for $304,900

Bella Vista_Southwark

 

Atlanta’s Best-Kept Secret Neighborhood: Virginia-Highland
Zip Code: 30306
Median List Price: $385,000
What’s kind of pad can I get there? Check out this 3-bedroom, 2.5-bathroom, single family home at 1225 Carol Lane NE for $339,900.

Virginia-Highland

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Where Are House Hunters Searching? Visualization Preview

Check out the full infographic

Where Are House Hunters Searching?

More than 1 in 3 home searches cross state lines. Trulia's Metro Movers report reveals where these house hunters are looking to move into and move out of.

the Trulia Trends team
February 2, 2012

About three months ago, the data geniuses at Trulia kick started a never before seen housing report that starts with where people live today and where they want to live tomorrow. We dubbed it the “Metro Movers Report” because it’s a quick-and-dirty analysis of house hunting activity between people living in one metro area and homes located in another.

Well, we’re going to revisit this study today (specifically looking at all the home searches on Trulia.com that happened in the last three months of 2011) and give you the inside scoop on where today’s house hunters are headed tomorrow.

Where’s Everyone Going?
We found that more than 1 in 3 home searches on Trulia.com cross state lines. So if that tells you anything, there’s a notable chunk of people looking to move really far away. Meanwhile, everyone else wants to stay somewhat close to where they live now.

To illustrate what we mean, we built a really cool map that shows you from where people are looking to move in and move out. Using San Francisco as an example, here’s how this maps works.

When you click on San Francisco and on the “Inbound Search” button at the top, San Francisco becomes highlighted in black and the top 10 metros with the most home searches to San Francisco are highlighted in blue. If one of the blue circles is abnormally big (relative to all the other blue circles), that just means there are many more home searches heading into SF from that metro than from others.

As you can see from the map pasted below, San Francisco is quite a draw to a whole slew of house hunters across America, namely from Los Angeles, New York, Washington DC, Chicago, Phoenix and Houston.

Meanwhile, if you were to click on New York and on the “Outbound Search” button at the top, you’ll see that New Yorkers looking to get out of New York and its surrounding suburbs prefer to head to Los Angeles, Atlanta, Miami or West Palm Beach.

 

Haven’t You Heard, Florida Is The Place To Be
Call us crazy, but there sure has been a lot of buzz about the Sunshine state and housing. Must have had something to do with the latest round of votes between the last two men standing in the race to find a Republican presidential candidate.

Well, it’s not just the Grand Old Party (GOP) that’s interested in Florida. Turns out, a LOT of house hunters have a quite the love affair with the bargain bin homes for sale throughout the state — especially if they live in the Midwest and Northeast. Believe it or not, one-third of all the home searches in Miami on Trulia.com are made by people living far, far away (think 500+ miles away). See for yourself.

But here’s an interesting factoid. Of the top 10 metro areas where there are more homes searches by out-of-towners looking to move in than home searches by locals looking to get out of dodge, 7 are in Florida. That’s right, there are more people looking to move to America’s retirement capital than leave. We kid you not.

Where Demand Among Online House Hunters Is Strongest
# U.S. Metropolitan Area # of Inbound Searches 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

NOTE: The inbound-to-outbound ratio for a metro area divides the number of incoming property searches by out-of-towners by the number of outgoing property searches by locals looking to leave. A ratio of 2 means that there are twice as many home searches by people looking to move in than leave.

To check out all the cool trends that we uncovered this time around, click through the slideshow below.

To learn more, here’s the full press release.

 

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