Monthly Archive:: December 2012

Distressed Real Estate Sold at 20 Percent Discount in November 2012

Based on information from the November 2012 REALTORS® Confidence Index Survey, foreclosed property sold on average at a 20 percent discount, while short sale properties sold at a 16 percent average discount. The discount to market experienced by distressed...

Foot Traffic: North Shore-Barrington Association REALTORS® (Chicago, IL)

Foot traffic and future home sales have a strong correlation. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. Foot traffic in the area covered by the North Shore-Barrington Association REALTORS® (Chicago, IL) has been...

New Home Sales in November

In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses the latest new home sales data....

Foot Traffic: Siskiyou Association of REALTORS® (Mt. Shasta, CA)

Foot traffic can give 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 Siskiyou Association of REALTORS® (Mt. Shasta, CA)...

REALTORS® Expect All States to Post Price Gains in Next 12 Months

Based on responses to the November 2012 REALTORS® Confidence Index Survey, all states are expected to see home price increases in the next 12 months. The graph below shows the median expected price change for the next 12 months....