Foot traffic can provide great insight into the direction of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Harrisonburg Rockingham Association of … [Read more...]
Home Price Changes for Fourth Quarter 2012
2012 began with atypically strong home sales, which carried through the entire year. As a result, inventories declined and price appreciation took off. Over the 4-quarter period ending in December, 131 markets or 88% of those monitored by NAR … [Read more...]
Foot Traffic: Dyer County Board of REALTORS® (TN)
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...]
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...]
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...]
Demand for Properties Expanding Faster than Supply
Based on responses to the January RCI survey, the Buyer Traffic Index rose to 63, while the Seller Traffic Index continued to register at 38 in January. In many areas of the country, REALTORS® reported low inventory levels. Tight inventory … [Read more...]
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