Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the Elmira Corning Regional Board of REALTORS® (NY) rose 15% over … [Read more...]
Happy Memorial Day Weekend: Info from 2013 Member and Investment/Vacation Reports
Welcome to the unofficial start of summer! Our REALTOR® members work long hours and are in need of a break! Sixty percent of members work 40 or more hours a week and 17 percent work 60 or more hours a week. Among appraisers in the industry, 38 … [Read more...]
Home prices rose in 41 states and D.C. in the 1st quarter of 2013
FHFA (Federal Housing Finance Agency) price data shows that home prices across the United States rose 6.7 percent from the first quarter of 2012 to the first quarter of 2013. In 41 states and the District of Columbia prices were higher than the … [Read more...]
Roughly 40% of existing homes sold in the US are sold in the South
April home sales data show that about 40 percent of all existing homes in the US are sold in the South. At the current seasonally adjusted sales rate, that’s more than 2 million a year. For decades, the South has had the largest number of housing … [Read more...]
Foot Traffic: Pearl River County Board of REALTORS® (Picayune, MS)
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 Pearl River County Board of REALTORS® … [Read more...]
Diffusion Index of Foot Traffic
Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to … [Read more...]
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