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 Memphis Area Association of REALTORS® was 8% … [Read more...]
Investors Remain Major Buyers of Distressed Property in April
The share of distressed properties on the market continued to decline in April. Approximately 18 percent of REALTORS® who responded to the April REALTORS® Confidence Index Survey and who reported a sale sold a distressed property, substantially down … [Read more...]
Foot Traffic: Charleston Trident Association of REALTORS®
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 surged 20% over the 12-month period ending in May in the area covered by the Charleston … [Read more...]
Homeowner Equity
Housing equity rose nearly 30%, or nearly $2 trillion, over the past year as prices rose, home purchases rebounded, and mortgages outstanding continued to decline according to first quarter data from the Federal Reserve’s Flow of Funds. Mortgage debt … [Read more...]
College Education Boosts Potential for Homeownership
As college graduates are thinking about what lies in store for them economically this equation may include whether or not they can achieve the American dream of homeownership. Here we show data that indicates that graduates with a Bachelor’s degree … [Read more...]
Cash Sales: 32 Percent of Residential Sales
Approximately 32 percent of REALTORS® reporting on their last sale in April had a cash sale (30 percent in March). Investors and international buyers typically pay cash. About 10 percent of REALTORS® reporting a sale to a first-time homebuyer also … [Read more...]
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