Method and apparatus for monitoring the strength of a real estat

Details Method and apparatus for monitoring the strength of a real estat Method and apparatus for monitoring the strength of a real estat

1994-05-31

1997-06-03

McElheny, Jr., Donald E.

395238, G06F 1760

Patent

active

056361173

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.

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