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Home tours increase in September 2012

Posted on Thursday, October 11, 2012 at 9:01:05 PM

Real estate broker Redfin announced in the organization's Real-Time Demand Pulse report that home tours increased during the month of September 2012. The number of customers requesting home tours improved by 3 percent in September - significantly more than the 1.7 percent increase recorded for 2011. In addition, home purchase rose 4 percent during the same month.

The increased interest in purchasing a home is a sign of the strengthening real estate market. Touring for-sale properties indicates that potential homebuyers may soon make an offer on a house.

"Not every would-be homebuyer has the credit to buy a home, or enough equity to sell his old place. But, even when the number of touring homebuyers increases only modestly, these folks don't hesitate to make an offer when the right home is for sale," said Redfin CEO Glenn Kelman.

The improving housing market, combined with the increasing affordability of residential financing options could entice potential buyers to purchase a home in the near future. Consult with experts from Home Loan Investment Bank to determine if homeownership is the right housing option.ADNFCR-16001052-ID-800882978-ADNFCR