Nationally, home prices have shown steady year-over-year gains since spring. However, this pattern started even earlier in the Midwest and parts of Florida as evidenced by the top five markets in terms of median home price growth between the 3rd … [Read more...]
2012 Profile of Home Buyers and Sellers: Most Difficult Task for FSBO Sellers
Sellers are turning to agents to help sell their homes at higher rates than in the past – 88 percent of home sales were agent-assisted compared to 82 percent in 2004. Only nine percent of recent sellers reported selling their homes as a FSBO … [Read more...]
Local Market Reports: Unemployment Rate
The unemployment rate has fell over the 12-month period ending in September of 2011, in the majority of the 154 markets monitored by NAR Research. The largest decline occurred in Farmington, New Mexico, where the unemployment fell from 9.1% to 6.5% … [Read more...]
Local Market Reports: Employment Improvement
Employment is important for making a home purchase and job loss is one of the main triggers of foreclosure. Rising employment helps to build consumer confidence and to ameliorate distress among homeowners. Over the 12-month period ending in October, … [Read more...]
Foot Traffic: Lake Martin Area Association of REALTORS® (Alexander, AL)
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 in November in the area covered by the Lake Martin Area Association of REALTORS® … [Read more...]
Foot Traffic: Coronado Association of REALTORS® (San Diego, CA)
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 Coronado Association of REALTORS® (San Diego, … [Read more...]
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