Approximately three to four percent of REALTORS® report a commercial rental every month. On an annual basis, this would be in the neighborhood of 175,000 rental transactions per year. In addition, approximately three percent of REALTORS® report a … [Read more...]
Increasing REALTOR® Optimism Reported in January
The REALTORS® Confidence Index (RCI) Report provides monthly information about expectations for overall market conditions, buyer/seller traffic, price, buyer profiles, and issues affecting real estate. REALTORS® in the January report generally … [Read more...]
Mortgage Credit Lags Consumer Credit Recovery
Consumer credit has been recovering, but mortgage lending continues to lag. Data from the Federal Reserve Board shows that consumer credit debt is now higher than it was before the recession, while mortgage debt continues to decline. Based on … [Read more...]
Recognizing REALTOR® Political Involvement on Presidents’ Day
Whether you voted for the current president or not, REALTORS® do their part by turning out to vote and are some of the most politically active in the country. Based on the latest survey data from the 2012 Member Profile, 96% of REALTOR® members are … [Read more...]
Profile of Home Buyers and Sellers: Reasons to Buy
Although the demographics of home buyers often shift to reflect changes in the market, the motivations to make a home purchase are largely constant from year to year. The primary reason to purchase a home remains the desire to own a home of one’s … [Read more...]
Foot Traffic: Central West Tennessee Association of REALTORS® (Jackson, 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 January in the area covered by the Central West Tennessee Association of REALTORS® … [Read more...]
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