What Does Foot Traffic Tell About The Real Estate Market?
By Nicole Rueth - October 17, 2018
Foot traffic is up and is a strong indicator of sold homes. Foot traffic is measured by showing companies as a count of showing appointments on listed homes. This number is tracked consistently and is a strong indicator of Pending Home Sales and Sold Homes. Foot traffic was up .9% year over year and purchase loan application were up 4%... these are significant numbers considering interest rates are also up almost 1%. If you are thinking about selling your home, now is the time! There are buyers eager to move into the home of their dreams.