What information does the RE Trend Indicator report contain?
Both the old and new report formats allow you to easily share vital information with your clients. You can note the number of Residential Unit Sales in a given month for single family homes (broken down by number of bedrooms) and condo/coops. Active Listings also distinguish between condo/coop sales and single family sales (Residential). Time on Market displays the DOM for sold properties. Type of Financing shows the number of units sold for each type (Conventional, FHA, etc.). The lower portion of each report shows you how a given month’s numbers compare to the numbers in the same month of the previous year. You don’t even have to do the math, since the percentage of change is included. Also in the lower portion of the report, you can note the number of new listings for a given month, New, New Pendings, the number of properties under Contract and the number marked Contingent.