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  • According to the latest Realtors® Confidence Index, the gap between the indices of Prospective Home Buyer Traffic and Prospective Home Seller Traffic has narrowed, with an increase in Prospective Buyer Traffic.
  • A continuation of the narrowing of the gap between buyer and seller interest would be favorable to the strengthening of real estate markets nationwide.

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

 

7 Responses to Home Buyer Traffic Up

  1. [...] Home Buyer Traffic Up : Economists’ Outlook. Cancel [...]

  2. [...] Buyer Traffic Up April 15, 2011 by Jed Smith, Managing Director, Quantitative Research · Leave a CommentFiled under: Home Buyers, REALTORS® Confidence [...]

  3. [...] UpApril 15, 2011 by Jed Smith, Managing Director, Quantitative Research · 2 CommentsFiled under: Home Buyers, REALTORS® Confidence Index According to the [...]

  4. [...] what I have seen, the market does seem to be improving, but we are by no means out of the woods.Read the entire article here. Posted in Denver Colorado Real Estate News Share This Post Please enable Javascript to [...]

  5. Rob Turney says:

    I agree that the home buying numbers are up, the stats in Las Vegas/Henderson support that, but unfortunately the home price numbers are still in decline in our market, median price down nearly 8% based on GLVAR stats. The piece on “Foreclosures is the worst behind us” makes me think we’ll be seeing that trend continue for at least another year.

  6. [...] According to the latest Realtors® Confidence Index, the gap between the indices of Prospective Home Buyer Traffic and Prospective Home Seller Traffic has narrowed, with an increase in Prospective Buyer Traffic. click here for full article [...]

  7. Real says:

    You get the best deal by bartering with the seller. I don’t know about your situation specifically, but around here the usual trade commission for a real estate company is 7% (half of which goes to the real estate agent). It depends upon what kind of person the agent is… some will purposely try to keep the price as high as possible to keep their commission up, but some either want your business again, or are just good people and will fight for your best price.

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