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
|
2011
|
2012
|
Home Tours
|
+1.7%
|
+3%
|
Home Offers
|
+0.4%
|
+4%
|
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.
Robert
ReplyDeleteThe CEO Who Built Himself America’s Largest House Just Threatened to Fire His Employees if Obama’s Elected
http://gawker.com/5950189/the-ceo-who-built-himself-americas-largest-house-just-threatened-to-fire-his-employees-if-obamas-elected
This actually one of several CEO's that has said this.