New York Leads the Pack in Property Investment Interest
Did you know that New York is the state most eager about property investment? I had no idea but a new study looked into search volume data as it relates to property and real estate terms.
They found out that Empire State has a strong interest in putting money into bricks and mortar. With an average of 123 searches per 100,000 people each month, New Yorkers are serious about their property.
Over the past year, the state had over 24,000 monthly searches, with a big chunk (7,475, to be exact) centered around 'real estate investment trusts'. Massachusetts also had a big interest in property investment, coming in second with an average search volume of 108 per 100,000 people. The East Coast is buzzing with real estate chatter.
On the other side, West Virginia was the least interested state when it comes to investing in property. Maybe it's because of the views of the rolling hills and countryside that have people content with where their at.
The research by Premier DSCR Lender Visio Lending, looked at Google search data to find the amount of interest in property investment across different states. They put together 11 common property and real estate search terms, and they could see how interested every state was in getting involved in the property game.
Whether it's a Manhattan penthouse or a cozy upstate cabin, it's obvious that New Yorkers have their eyes on the real estate prize. So, if you're in the Empire State and find yourself looking at property listings, know that you are not alone in your quest for that perfect piece of property.
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