Tuesday, October 9, 2012

Another Positive Indicator for the Housing Market: Home Tours Climbing

Redfin, the technology-powered real estate broker, today issued its Real-Time Demand Pulse, the only report in the industry that analyzes offer and tour data. The report showed:
  • Customers requesting home tours were up 3 percent in September, compared to an increase of just 1.7 percent in 2011.
  • Customers signing offers were up 4 percent, compared to an increase of just 0.4 percent a year earlier.
September 2 through September 29 vs. Four Weeks Prior
Home Tours
Home Offers
Early September saw a predictable dip in offers around Labor Day, followed by a spike the following week.  Although the week-to-week trends were similar in September 2011 and September 2012, this year saw an overall increase in offer volume from the month earlier, indicating a continued strength in home buying.
If Bernanke's money gets into the system, housing prices are going to really fly.

1 comment:

  1. Robert

    The CEO Who Built Himself America’s Largest House Just Threatened to Fire His Employees if Obama’s Elected


    This actually one of several CEO's that has said this.