- 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 during March in the area covered by the Jackson County Board of REALTORS® (Northern Alabama) outpaced the level of foot traffic from a year ago by 28%. This figure is strong, but not as strong as the 103% 12-month increase registered in October.
- Regardless, foot traffic remains robust after nearly a year of year-over-year gains pointing to continued strong sales this spring.
- Record low mortgage rates, price growth, and steadily improving job creation have helped to buoy the market for more than a year.
