Raw Count of Home Sales (July 2017)

Existing-home sales dropped 1.3 percent in July from one month prior while new home sales declined 9.4 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

July 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that July’s pending home sales pace is down 0.8 percent from last month and also down 1.3 percent from a year ago. Pending sales represent homes that have a...

Foot Traffic Picks Up

A week ago we introduced a new measure of foot traffic, the foot traffic volume index. This week we provide an update on the August trend in traffic. Foot traffic rose on a seasonally adjusted basis for the second...

Home Staging Could Pay for Itself and Increase Seller Equity

According to 31 percent of REALTORS® who work with buyers, staging a home before listing it for sale on the market could have a price increase of up to five or 10 percent. On a $300,000 home, that could...
September 5, 2017

In Which States Did Properties Sell Most Quickly in July 2017?

Amid strong demand and tight supply, REALTORS® reported that  properties that sold in May–July 2017 were typically on the market for less than 31 days in 29 states and in the District of Columbia, according to the July 2017...