* The Internet has become an essential and indispensable tool in the home search process with 90 percent of home buyers using it to search for homes, up 30 percentage points during the past six years.
* Additionally, among buyers who reported using the Internet, 76 percent reported using it frequently, an increase of 7 percentage points from 2008.
* Furthermore, as a result of searching online, buyers frequently request additional information or find an agent.
* Around 60 percent of buyers were also likely to walk through home viewed online.
December 02, 2009
By Sophia Stuart, Research Economist (NAR Research)
[read here]
