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Foot traffic can give a strong indication of future home sales. SentriLock, LLC. provides NAR Research with monthly data on the number of showings. The 12-month gap in foot traffic expanded in March relative to February in the area covered by the Laredo Association of REALTORS®. This wedge was partially due to strong, tax-credit driven foot traffic in 2010. For more information on this data and its use, see the economist’s commentary, “Foot Traffic - Getting a Step Ahead”.
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