Buy / Sell Indicator
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Posted on: April 24, 2009
Posted in: Cyberhomes, Video
One of the charts we have on the site that people seem to really respond to is what we call the Buy-Sell Indicator. It’s a very simple chart that shows you in comparative terms whether right now is a buyer’s market or a seller’s market. It shows you that over a period over the last couple of years kind of trend in that. And it resonates I think because it speaks to the fundamental question that a lot of people have when they come to look at real estate information on line…which is ‘how’s the market’? That’s the question that we are all asking in some form or another. What we do with that - or don’t do with it - is a completely different matter. But in simple terms it shows you where we’ve been, where we appear to be heading, and where we are right now. You can extrapolate a trend in terms of whether it’s going to keep going up or down or whatever it’s doing, typically down these days.
What it is? It’s mash up of different indicative data that comes from a lot of different sources, from the different indices that are provided by the government sponsored entities and by the government itself mashed up with our sales data and the different trend information that we have here at LPS and at Cyberhomes to localize that information and to predict a forward looking trend out of it. And so what you get is a generally revealing indicator of where the housing market is right now and where it’s likely to keep going.