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10 Cities with Fast-Growing Home Buyer Interest

By: Paul Toscano, Producer, CNBC.com | 01 Sep 2010 | 09:00 AM ET
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Top Cities For Home Buyer Interest
Source: Trulia.com || Photo: Jupiterimages | Comstock Images | Getty Image
Though many real estate markets in the U.S. are still still hurting from the recession, some cities are bucking the trend. Compared to one year ago, these cities are experiencing significantly heightened buyer interest that could signal a move to a seller’s market in the future.Data from real estate website Trulia.comshows how certain cities have seen an explosion of buyer interest - measured by the growth in share of online search traffic, relative to the top 100 cities searched across the country - compared to one year ago. In this report, cities are ranked by this metric. For most cities, increased buyer interest is accompanied by big increases in sales volume. So, which real estate markets are buyers looking into? Click ahead to find out!By Paul ToscanoPosted 1 Sept 2010

9. (Tied) Palm Springs, California
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 29%Homes for sale on Trulia: 917 Median sales price: $225,000 Change (YoY): -3.5% Sales in past 12 months: 591 Change (YoY): +16.3%

9. (Tied) Albuquerque, New Mexico
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 29% Homes for sale on Trulia: 4,517 Median sales price: $153,864 Change (YoY): +6.1% Sales in past 12 months: 336 Change (YoY): +236%

8. Mesa, Arizona
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 30% Homes for sale on Trulia: 3,538 Median sales price: $127,600 Price change (YoY): +6.1% Sales in past 12 months: 3,287 Change (YoY): -3.7%

7. Houston, Texas
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 31% Homes for sale on Trulia: 20,845 Median sales price: $81,600 Change (YoY): +0.7% Sales in past 12 months: 348 Change (YoY): -18.3%

6. Saint Augustine, Florida
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 34% Homes for sale on Trulia: 3,547 Median sales price: $172,900 Change (YoY): -9% Sales in past 12 months: 651 Change (YoY): +12%

5. Detroit, Michigan
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 39% Homes for sale on Trulia: 3,382 Median sales price: $71,328 Change (YoY): +2.7% Sales in past 12 months: 1,418 Change (YoY): +42.5%

4. Bradenton, Florida
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 41% Homes for sale on Trulia: 3,778 Median sales price: $130,000 Change (YoY): +0.3% Sales in past 12 months:1,038 Change (YoY): +28.9%

3. West Palm Beach, Florida
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 45% Homes for sale on Trulia: 2,978 Median sales price: $90,000 Change (YoY): -30.1% Sales in past 12 months: 1,092 Change (YoY): +11.8% 

2. Beverly Hills, California
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 49% Homes for sale on Trulia: 453 Median sales price: $1,350,000 Change (YoY): +10.2% Sales in past 12 months: 98 Change (YoY): +6.5%

1. Fort Lauderdale, Florida
Data, Photo & Listing: Trulia.com
Growth in buyer interest: 65% Homes for sale on Trulia: 3,638 Median sales price: $160,000 Change (YoY): -19.3% Sales in past 12 months: 1,305 Change (YoY): +98.9%

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