[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f15xaawo772mxe":3,"$f2emv3tus0uf1":39,"$fbwk2pqjjqsc7":43},{"item":4,"previous":27,"next":33},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":25,"updatedAt":26},1707,"homebuyer-traffic-is-on-the-rise","Homebuyer Traffic Is on the Rise","One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, \u003Cem>Chief Economist\u003C\u002Fem> of the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), is now forecasting that \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fpending-home-sales-rise-5-9-in-july\">more homes\u003C\u002Fa> will sell this year than last year. He’s also predicting home sales to \u003Ca href=\"https:\u002F\u002Fmagazine.realtor\u002Fdaily-news\u002F2020\u002F08\u002F19\u002Fwill-home-sales-keep-defying-expectations\">increase\u003C\u002Fa> by 8-12% next year. There’s strong evidence that he will be right.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F08141254\u002F20200910-KCM-Share.jpg","One of the biggest surprises of 2020 is the resilience of the residential real estate market. Lawrence Yun, \u003Cem>Chief Economist\u003C\u002Fem> of the \u003Cem>National Association of Realtors\u003C\u002Fem> (NAR), is now forecasting that \u003Ca href=\"https:\u002F\u002Fwww.nar.realtor\u002Fnewsroom\u002Fpending-home-sales-rise-5-9-in-july\">more homes\u003C\u002Fa> will sell this year than last year. He’s also predicting home sales to \u003Ca href=\"https:\u002F\u002Fmagazine.realtor\u002Fdaily-news\u002F2020\u002F08\u002F19\u002Fwill-home-sales-keep-defying-expectations\">increase\u003C\u002Fa> by 8-12% next year. There’s strong evidence that he will be right.\u003C!--more-->\r\n\r\n\u003Cem>ShowingTime\u003C\u002Fem>, a leading showing software and market stat service provider for the residential real estate industry, just \u003Ca href=\"https:\u002F\u002Fwww.showingtime.com\u002Fblog\u002Fjuly-2020-showing-index-results\u002F\">reported\u003C\u002Fa> on their latest \u003Cem>the ShowingTime Showing Index\u003C\u002Fem>:\r\n\u003Cblockquote>\u003Cem>“Home buyer traffic jumped again in July, recording a \u003Cstrong>60.7 percent\u003C\u002Fstrong> year-over-year increase in nationwide showing activity.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nThat means there are 60% more buyers setting appointments to see homes than there were at this same time last year. The number of potential purchasers was also up dramatically in every region of the country:\r\n\u003Cul>\r\n \t\u003Cli>The Northeast was up 76.6%\u003C\u002Fli>\r\n \t\u003Cli>The West was up 56.7%\u003C\u002Fli>\r\n \t\u003Cli>The Midwest was up 52.1%\u003C\u002Fli>\r\n \t\u003Cli>The South was up 46.7%\u003C\u002Fli>\r\n\u003C\u002Ful>\r\n\u003Ch4>\u003Cstrong>The Housing Market Is Showing a ‘V’ Type Recovery\u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Cem>ShowingTime\u003C\u002Fem> also \u003Ca href=\"https:\u002F\u002Fshowingindex.stats.showingtime.com\u002Fdocs\u002Flmu\u002Fx\u002FUnitedStates?src=page\">indicates\u003C\u002Fa> the real estate market has already come back from the downturn earlier this year that was caused by shelter-in-place orders. Here are the year-over-year numbers for each region on a monthly basis \u003Cem>(See graph below):\u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F20200910-MEM-Eng-1-1.jpg\">\u003Cimg class=\"aligncenter wp-image-42987\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F20200910-MEM-Eng-1-1.jpg\" alt=\"Homebuyer Traffic Is on the Rise | Simplifying The Market\" width=\"650\" height=\"488\" \u002F>\u003C\u002Fa>We’re way ahead of where we were at this time last year. This data validates the thoughts of Frank Martell, \u003Cem>President and CEO\u003C\u002Fem> of \u003Cem>CoreLogic\u003C\u002Fem>, who recently \u003Ca href=\"https:\u002F\u002Fwww.corelogic.com\u002Finsights-download\u002Fhome-price-index.aspx\">noted\u003C\u002Fa>:\r\n\u003Cblockquote>\u003Cem>“On an aggregated level, the housing economy remains \u003Cstrong>rock solid\u003C\u002Fstrong> despite the shock and awe of the pandemic.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nIf you’re thinking about selling your house, this may be a great time to get the best price and the most favorable terms.","\r\nIf you’re thinking about selling your house, this may be a great time to get the best price and the most favorable terms.","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F20200910-MEM-Eng-1-1.jpg",false,[17,21],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers",{"id":22,"name":23,"slug":24},38,"Move-Up","move-up","2020-09-10T10:00:47Z","2020-10-30T18:56:02Z",{"id":28,"slug":29,"title":30,"featuredImage":31,"publishedAt":32,"contentType":10,"isVideo":15},1706,"the-latest-unemployment-rate-fell-to-8-4","The Latest Unemployment Rate Fell to 8.4%","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F08133912\u002F20200909-KCM-Share.jpg","2020-09-09T10:00:08Z",{"id":34,"slug":35,"title":36,"featuredImage":37,"publishedAt":38,"contentType":10,"isVideo":15},1708,"virtual-school-is-changing-homebuyer-needs-infographic","Virtual School Is Changing Homebuyer Needs [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2020\u002F09\u002F10150959\u002F20200911-KCM-Share.jpg","2020-09-11T10:00:39Z",{"cover":40,"open":41,"shareSpread":42},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[44,48,52,53,57,61,65,69,73,77,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":45,"name":46,"slug":47},1,"Uncategorized","uncategorized",{"id":49,"name":50,"slug":51},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":54,"name":55,"slug":56},7,"Foreclosures","foreclosures",{"id":58,"name":59,"slug":60},8,"Infographics","infographics",{"id":62,"name":63,"slug":64},9,"Home Prices","home-prices",{"id":66,"name":67,"slug":68},11,"First-Time Buyers","first-time-buyers",{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":22,"name":23,"slug":24},{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]