- 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 Carteret County Association of REALTORS® (Morehead City, NC) has swung back and forth in strength relative to last year in recent months, but was up in November.
- Foot traffic surged in response to the 2010 tax credit, but fell off thereafter and has remained muted in 2011. 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”.
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