Click chart to view larger version. The typical member has 11 years of experience in real estate, down from 12 years in the 2011 survey. Brokers who do not sell typically had the most experience at 25 years, while sales agents were typically the … [Read more...]
Home Shoppers Likely to Conduct Research Both On and Offline
Click chart to view larger version. Real estate consumers who use the internet while researching a home are more likely to use multiple sources. Shoppers perform an average of 11 searches prior to taking action on a real estate site. Shoppers using … [Read more...]
Foot Traffic: Henderson County Board of REALTORS® (TX)
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 Henderson County Board of REALTORS® (TX) was … [Read more...]
Uncertainty and Information Overload: Addressing Economic Uncertainty
Possible federal budget sequestration, continued government deficits, spending cuts, uncertain taxes, and federal policies—they’re all in the news along with a variety of other uncertainties about the economic outlook. The Economic Policy … [Read more...]
Foreclosed Real Estate Selling at a 17 Percent Discount
Based on information from the December 2012 REALTORS® Confidence Index Survey, distressed (foreclosed and short sale) property sold at a 16-17 percent discount in December. The discount to market is affected by the property’s physical condition. The … [Read more...]
Thirty-One Percent of Houses Sold in Less than One Month in December 2012
Tight inventory and multibidding have led to shorter days on the market. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, about 31 percent of REALTORS® who sold a home reported that the property sold in less … [Read more...]
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