- 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 Brownsville/South Padre Island Board of REALTORS® (TX) has been stronger each of the last six months in 2012 as compared to the corresponding period in 2011.
- Traffic was 41% stronger in December compared to a year earlier suggesting that home sales will be robust this spring in the Brownsville/South Padre areas.
- This consistent strength speaks to the impact of record mortgage rates, stable job growth, and the buyer confidence that they are inspiring.
