"Remember the report last week that keyword prices relating to mortgages had dropped? Well, real estate sites themselves didn't see a drop in traffic. Hitwise has posted stats today showing how visits to US real estate sites have remained strong since climbing high earlier this year. It also charted a spike last month for searches on the terms "real estate bubble" and "housing bubble." So perhaps the interest in real estate remains strong, but no one's wanted to plunk down for a mortgage as much." (From SearchEngineWatch)
As noted earlier in this blog, public awareness of the bubble has grown tremendously in the last two months. This is just one more way to confirm the vastly increased awareness.
Now on to collecting evidence that housing appreciation rates are slowing. Stagnation here we come.
Friday, June 17, 2005
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