Method and apparatus for monitoring the strength of a real estat

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive

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705 4, 705 38, G06F 1760

Patent

active

06058369&

ABSTRACT:
By gathering information regarding the total number of sales, total number of pending listings, total number of active listings, and total number of expired listings in a time period, a market index may be derived. This market index can then be charted over a plurality of periods, giving an indication of any temporal trends. The market index can further be used to guide and determine the action of a service provider such as a lender or title insurance company in a proposed real estate transaction.

REFERENCES:
patent: 4742457 (1988-05-01), Leon
patent: 4774664 (1988-09-01), Campbell
patent: 5025138 (1991-06-01), Cuervo
patent: 5245536 (1993-09-01), Hsieh
patent: 5361201 (1994-11-01), Jost
patent: 5631828 (1997-05-01), Hagan

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