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- Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings.
- Year-over-year foot traffic in the area covered by the Paul Bunyan Association of REALTORS® (Cadillac, MI) has grown steadily this year.
- Compared to the same months in 2011, traffic has been higher in nearly every month of this year and that gap expanded in July as year-over-year traffic increased by 17%.
- Low mortgage rates and tightening inventories are drawing more potential buyers into the market as confidence in price stability grows.
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