Foot traffic provides a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic during February in the area covered by the Dyer County Board of REALTORS® (TN) outpaced … [Read more...]
REALTORS® Confidence Index: REALTOR® Comments
REALTORS® frequently provide comments in their responses to the monthly REALTORS® Confidence Index survey. The January responses in general were upbeat, focused on the ongoing recovery of the residential real estate markets. However, there continue … [Read more...]
Single Family Rentals: The New Favorite Option
Yesterday, we posted on the surge of new household formations that have occurred in the last twelve months and that are projected to reach boom numbers over the next twelve months. Will these new households be renting or buying? A recent study, The … [Read more...]
State Median Price Expectation for Next 12 Months
REALTORS® generally expect to see improving prices for the next 12 months, according to the January REALTORS® Confidence Index. The graph below shows the state median price expectation of respondents to the January 2013 survey. Several states in the … [Read more...]
FHFA unveils plan to replace Fannie and Freddie
Fannie Mae and Freddie Mac will begin winding down, with a new company taking their place. That’s the plan unveiled by the acting director of the Federal Housing Finance Administration — the agency that has overseen Fannie and Freddie … [Read more...]
Diffusion Index of Foot Traffic: February 2013
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three … [Read more...]
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