Over the course of the last month the activity in the real estate 
market has followed its typical and of the year 
cycle. The numbers reported show a decrease in the number of showings during the holiday weeks, followed by an increase in the middle of January.
The numbers are actually encouraging showing that there is strong activity in the housing market, and that the end of December numbers are seasonal. As the spring approaches it will continue to be a buyers market as the Cincinnati real estate market rebounds. As the foreclosures rate slows, the inventory in our area will diminish helping to maintain housing prices. Without the abundance of under-priced foreclosures on the market homeowners should see a stabilization of value over the next few years.
The
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This doesn’t necessarily seem to be indicative of the real estate market “picking back up.” The number of increased showings seems to illustrate that there is more interest in browsing the market – not necessarily investing or participating in that market. Is this a fair assessment?
The increase in showings, which is a precursor to sales, is a good indicator that more buyers are in the marketplace. You are right in that this graph did not specify the number of closings or sales that occurred, however it is positive news that an increased number of buyers are looking at homes.