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...]
Gap in Buyer and Seller Traffic Index Persists
Demand continued to expand faster than supply. The Buyer Traffic Index rose to 56 from 36 in the same period last year, while the Seller Traffic Index barely moved, ending at 38 from 37 last year. REALTORS® reported numerous cases of … [Read more...]
Video Increasingly Important in the Home Search
Click to view larger image According to the Digital House Hunt, a joint report between NAR Research and Google, there is an opportunity for REALTORS® to market to home shoppers in online video environments. New home buyers place an emphasis on … [Read more...]
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