foottraffic_washington081611

  • 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 has been erratic over the last three months in the area covered by the Washington-Beaufort County Board of REALTORS® (Bath, NC).
  • Foot traffic early in 2010 benefited from tax-incentive induced house shopping, but fell off thereafter. The sluggishness of the current traffic level is suggestive of weak consumer confidence and concerns about flood insurance.
  • For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead.”