Another Positive Indicator for the Housing Market: Home Tours Climbing

 Home Tours Increase 3%, Offers Up 4% In September; Home Sales Show No Sign of Slowing in Redfin Real-Time Demand Pulse - KCTV5

Redfin, the technology-powered real estate broker, today issued its Real-Time Demand Pulse, the only report in the industry that analyzes offer and tour data. The report showed:

• Customers requesting home tours were up 3 percent in September, compared to an increase of just 1.7 percent in 2011.
• Customers signing offers were up 4 percent, compared to an increase of just 0.4 percent a year earlier.

September 2 through September 29 vs. Four Weeks Prior	2011	2012
Home Tours	+1.7%	+3%
Home Offers	+0.4%	+4%

Early September saw a predictable dip in offers around Labor Day, followed by a spike the following week.  Although the week-to-week trends were similar in September 2011 and September 2012, this year saw an overall increase in offer volume from the month earlier, indicating a continued strength in home buying.

If Bernanke's money gets into the system, housing prices are going to really fly.