We would like to highlight Move, Inc. (NASDAQ: MOVE). The company operates REALTOR.com(R) where the world shops for real estate online. The website currently offers potential home buyers access to over four million property listings, as well as the most brokers and agents.
In the company’s news yesterday,
Move, Inc., operator of Realtor.com, saw a 29-percent increase in site traffic in July. In addition, time spent looking around on the country’s most popular home real estate site increased 26 percent in July and 9.5 % in the last 12 months, as overall the real estate search category fell by 1 percent.
“The fact that consumers are spending significantly more time on Realtor.com than with many of the next closest competitors confirms they’re looking to us to provide reliable and comprehensive content, access to the largest and most accurate listing database on Realtor.com, and valuable home buying resources,” said Move President Lorna Borenstein. “While finding interesting and entertaining information on real estate Web sites is fun, Move is committed to delivering the most current, reliable and useful real estate data that consumers need and expect from the trusted leader.”
Local markets in July experiencing the largest year-over-year increase in consumer searches on Realtor.com were: Stockton-Lodi, CA (140.9% increase), Las Vegas, NV (93.9%), Fort Myers-Cape Coral, FL (69.5%), Detroit, MI (51.8%) and Washington, DC-MD-VA-WV, VA (49.1%).
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