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Realtor Confidence Index Survey May 2014

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Industry Observer CDRE #01044712

On June 23, 2014, Jed Smith and Gay Cororaton of NAR reported on the Realtor confidence index survey conducted from June 2-6, 2014, for May 2014.

The survey showed 27.0% were first time buyers in May of 2014, lower from 29.0% first time buyers in April of 2014, cash buyers purchased 32.0% of all sales same as 32.0% in April of 2014, investors acquired 16.0% of sales in May of 2014 fell from 18.0% in April 2014, distressed sales were 11.0% of all sales in May 0f 2014 decreased from 15.0% in April of 2014, a median 47 days on market in May 2014 compare to 48 day in April 2014, home prices expected growth 4.0% in next 12 months same as 4% from previous month.

For more complete information, on the May of 2014 Realtor survey, please CLICK HERE

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John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

It is always interesting to see what data NAR comes out with and how data can be skewed.

Jul 05, 2014 06:20 AM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

I don't think NAR takes a lot of areas into consideration, John. But at least we have an idea of what's going on.

Jul 06, 2014 08:14 AM
John Pusa
Glendale, CA

Barbara, I was not aware of some data is not included in the report. Thank you for stopping by and the comment.

Toni, I did not know NAR does not include some areas in consideration. Thank you for stopping by and the comment.

Jul 06, 2014 01:44 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi John -- as we know all real estate is local but it's interesting to see the numbers nationally so we know how to answer those questions when asked by our clients.   

Jul 07, 2014 08:51 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello John,

I agree with the other posts, it is interesting to see the numbers that NAR generates - but we all know that markets are local!

Jul 10, 2014 09:11 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

John, thank you so much for sharing this information - I've really not looked at it in a while.

Jul 10, 2014 11:23 PM
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Neat to see the rough numbers to have an idea of what's going on.

Jul 12, 2014 04:52 AM
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