REALTORS® frequently provide comments in their responses to the monthly REALTORS® Confidence Index survey. The January responses in general were upbeat, focused on the ongoing recovery of the residential real estate markets. However, there continue … [Read more...]
Demand for Properties Expanding Faster than Supply
Based on responses to the January RCI survey, the Buyer Traffic Index rose to 63, while the Seller Traffic Index continued to register at 38 in January. In many areas of the country, REALTORS® reported low inventory levels. Tight inventory … [Read more...]
Experience in Real Estate
Click chart to view larger version. The typical member has 11 years of experience in real estate, down from 12 years in the 2011 survey. Brokers who do not sell typically had the most experience at 25 years, while sales agents were typically the … [Read more...]
Home Shoppers Likely to Conduct Research Both On and Offline
Click chart to view larger version. Real estate consumers who use the internet while researching a home are more likely to use multiple sources. Shoppers perform an average of 11 searches prior to taking action on a real estate site. Shoppers using … [Read more...]
Current Confidence Index Up Across All Property Types
The year 2012 ended on a high note. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, the Current Conditions Confidence Index increased for all property types. The index for single family homes rose to 56 from … [Read more...]
Residential Sales to Investors: 20 Percent of Residential Market
REALTORS® reported that investors accounted for 20 percent of total residential sales in October (18 percent from September). According to the latest REALTORS® Confidence index, approximately 58 percent of respondents who reported a sale to an … [Read more...]
