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Home Sales Will Remain Hot This Summer

By
Real Estate Broker/Owner with Reviron Realty - RDCPro e-Pro Listing Broker BRE# 01455394

Yucaipa Home Sales

People always talk about the “spring buying season” when they talk real estate. However, this year it appears as though the summer real estate market will be just as hot.

The most recent Foot Traffic Report released by the National Association of Realtors (NAR) revealed that there are more buyers out looking at homes right now than at any other time in the last two years including the past two springs (in orange below).

Yucaipa Housing Market

The Foot Traffic Report is compiled from data on the number of properties shown by Realtors. NAR further explains:

“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."

We can see that the number of prospective purchasers out looking at homes has been greater each month this year compared to the same month in 2014. And, though foot traffic fell off last June as compared to May, this year it has increased nicely.

Yucaipa homes for sale

Bottom Line

The housing market will remain strong throughout the summer and into the fall, making for one of the best years in real estate over the last decade.

 

 

 

 

Posted by

 

 

Graham Holmes
Broker / Owner - BRE Lic. # 01455394           
REOMAC & NRBA Member - RDCPro™ Certified  -  e-Pro
Res.net Certified – A-Reo Accredited

REviron Realty
Office: 888-640-2346 x 101

Cell: 951-634-4118
fax: 951-514-2959
gholmes@revironrealty.com

www.REvironRealty.com

Yucaipa Listing Agent offering Homes for Sale in Yucaipa and all surrounding communities.

John Pusa
Glendale, CA

Graham - This is very good news that home sales will remain hot this summer.

Jul 22, 2015 01:46 PM