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 fell roughly 18% over the 12-month period ending in April in the area covered by the IRES … [Read more...]
Unless inventories grow, demand for housing will keep the pressure on prices
Did You Know: Inventories are declining at a slower pace, but unless inventories grow, demand for housing will keep the pressure on prices and the balance of the market in favor of sellers. Comparing the total number of homes available for sale in … [Read more...]
Foot Traffic: Elmira Corning Regional Board of REALTORS® (NY)
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...]
Accidental Landlords Could Boost Inventories
Between April of 2006 and April of 2011, the median home price fell 27.6%. However, the median price rebounded 19.7% over the subsequent two years. While many formerly underwater homeowners are just now getting their first shot at taking advantage … [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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