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July 12, 2004

Rate Hike Spikes Web Traffic

Real estate Web sites enjoyed an overwhelming increase as interest rates spiked last week after the Federal Reserve raised the federal funds rate a quarter of a percent.

HomeGain, AOL Home & Real Estate and MSN House & Home experienced double-digit growth during the week ended July 4, according to Nielson//NetRatings.

HomeGain, which matches consumers to real estate agents, grew 83 percent to 678,000 unique visitors, while AOL Home & Real Estate rose 54 percent to 909,000 visitors. MSN House & Home saw a 28 percent increase to 499,000 unique visitors. The top page viewed on MSN House & Home provided an overview on real estate financing, attracting 21 percent of those who visited the site.

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Please see http://www.showways.com to create maps of your real estate listings

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