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(Taken from my recent Point2Technologies newsletter.)

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.

MY CORE VALUES
To Always...
...Live by the 'Get By Giving' philosophy
...Make my clients #1 goal, my #1 goal
...Live up to my standards, despite temptations to lower them
...Be willing to work toward a common good
...Do what I say I will do, sometimes more, just never less

 

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Dee Nofziger|Certified Coach|Director of R-Squared Coaching for the Floyd Wickman Team

Dee’s exposure to The Floyd Wickman Program as a real estate agent made her realize her love of training and her intense desire to change people’s lives the way Floyd Wickman did hers. She feels blessed to be given that opportunity by The Floyd Wickman Team. The first time she received an email from a student saying “Thanks for doing what you do”, she knew she’d made the right decision to become a trainer and now a Certified Coach and Director of R-Squared Coaching. She looks forward to helping realtors turn their careers around, staying on track with their goals, and ultimately changing their lives for the better.

Dee can be reached at 419-260-1435 or dee@deenofziger.com.

Use of any content from It's Raining Real Estate Blog without expressed permission of the owner is a violation of federal copyright laws.

 

 

 
This post has been included in Ohio Real Estate News
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Dee Nofziger

Toledo, OH

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Floyd Wickman Team

Address: Toledo, OH

Cell Phone: (419) 260-1435

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A Daily Drizzle of Real Estate Information and Humor, including the Real Estate Climate in Northwest Ohio, with inspiration from Floyd Wickman thrown in, too.

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