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- 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 Rabun County Board of REALTORS® (Georgia) eased in October and was slightly weaker than a year ago.
- However, the drop in foot traffic which followed the expiration of the 2010 tax credit expired was short lived in this area and foot traffic bounced back by mid-summer, so the year-over-year sales pace is lower, but respectable. 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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