• 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 in the area covered by the Johnson County Board of REALTORS® (Clarksville, AR) grew substantially in the late summer. After spiking in March, traffic fell progressively through June.
    • This year’s figures trailed last year’s tax-credit fueled figures until September. This pattern bodes well for the fall market.
    • For more information on this data and its use, see the economist’s commentary, “"Foot Traffic - Getting a Step Ahead".

 

Advertisement