How we calculate the Real Estate Confidence Index ...
Each month, Point2 surveys its members across North America to get a sense for how real estate professionals feel about their current and future market conditions.
Because Point2 Agent includes many thousands of subscribers, from every U.S. state and every Canadian province, the Real Estate Confidence Index survey gathers data from disparate areas and across many different types of markets.
Respondents are asked to rate, on a scale of 1 to 10, how confident they are in their current market, in their market in the next 3-6 months(near term), and in their market in the next 12-18 months(long term). Respondents are also given the option to add comments. Responses are purely subjective.
Once these responses are gathered, a statistical mean on the 1-10 scale is derived, and this becomes the current Real Estate Confidence Index.
Point2 typically receives more than 3,000 respondents in the U.S., covering every U.S. state, Puerto Rico and Guam. While the sample size used to determine the Real Estate Confidence Index tends to be statistically valid, it is important to note that the Real Estate Confidence Index is a purely subjective survey, and is in no way intended to be an accurate reflection of current market conditions. This survey is based on the opinions of real estate professionals across the country.
Feel free to browse my Point2Homes website at www.FindaHomeToledo.com for FREE MLS searches and loads of info.
Click on the box to view specific states. Click on the black arrows for past monthly data.
This video provided by the National Association of Realtors gives an excellent overview of some things homeowners can do to check their home for energy loss. Some are easier than others, but all give insight to potential problems that could drain your pocketbook.
More oftne than not lately when I show homes, my potential buyers asks me, "What are the average utility costs for the property?" The local Toledo OH area utility providers are usually more than happy to give me this information when I call. If you are currently looking for a home, especially an older resale property, please don't hesitate to ask your real estate agent to get these figures for you. They are an important part of your monthly budget and should be considered when making an offer on a prospective home.
Sidecut Metropark in Maumee Ohio has had a brilliant show of color this fall in terms of foliage.
Several Sundays ago I was coming back from Bowling Green Ohio after putting new listing signs up and was amazed at all of the photo opportunities.
Literally dozens of cars were pulling over and lining the Maumee River to take photos and truthfully to simply gaze in wonderment at the beauty of it all.
It gave me goosebumps when I saw the look in all of their eyes. As they stared into the sky it reminded me of the scene in Independence Day when Will Smith goes outside on the Fourth of July to get the newspaper and wonders why all of the neighbors are staring up. In that case it was spaceships, though.
Enjoy ...
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REALTOR, 1 of only 5 Master Sales Professionals in Toledo, OH;First Time Home Buyer Consultant, Foreclosure Info, Toledo Area Home Marketing Expert, Internet Savvy. I'll get your home SOLD! Email Me!
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