Foot traffic has a strong correlation with future contracts and home sales trends one to two months into the future.
The median existing single-family home price increased in 71 percent of measured markets, showing gains based on closings in the second quarter compared with the second quarter of 2013.
This infographic shows August 2014 foot traffic index data along with trends and changes.
Consumers are feeling much better and more confident in recent months: the consumer confidence index in August rose to the highest mark in nearly seven years.
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In the past 15 years, the net worth of the typical homeowner has ranged between 31 and 46 times that of the net worth of the typical renter.
The information in this infographic is from July 2014 Existing-Home Sales data.
The youngest generation of home buyers, Millennials, also known as “Generation Y,” are those born between the early 1980s and the mid- to late-1990s. Like other generation groups, Millennials believe that homeownership is part of the American Dream.
Limited job prospects and student loan debts have made it challenging for Millennials to save for a downpayment and take advantage of low interest rates in the current economic recovery.
Which U.S. cities are the most affordable for the new generation of homeowners? This infographic spotlights the top five.
With a growing economy, job creation, and low interest rates, home sales are expected to rise. But the typical business activity of a REALTOR® will be falling as the autumn approaches.