Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®. Lockboxes made by SentriLock, LLC. are used in roughly a third of home showings across the nation. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future. This infographic shows the latest index data along with trends and changes.
In this weeks Voice for Real Estate:
FHA dropped the mortgage insurance premium on FHA loans. Also, homeowners can benefit from mortgage debt cancellation relief in the 2017 tax year if the lender signed an agreement in 2016 to write down part of the mortgage in 2017. Other segments look at working with customers who have a criminal record, how to use social media without turning off followers, and what’s ahead for sales this year. An excerpt from a recent Real Estate Today radio show gives consumers a tip for saving for a downpayment.