Comments on: Cyberhomes New Real Estate Market Report Forecasts Home Values http://blog.sellsiusrealestate.com/marketing-tips/cyberhomes-new-real-estate-market-report-forecasts-home-values/2009/06/02/ Fri, 19 Mar 2010 18:25:35 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: kenmontville http://blog.sellsiusrealestate.com/marketing-tips/cyberhomes-new-real-estate-market-report-forecasts-home-values/2009/06/02/comment-page-1/#comment-267958 kenmontville Tue, 02 Jun 2009 19:12:49 +0000 http://blog.sellsiusrealestate.com/?p=10570#comment-267958 I generally like this concept. What's not to like? I can show my client that if he buys this home in this location today it'll appreciate (or not) within [x] amount of time. The problem with all forecasting - the weather, the economic trends - is that you can't forecast the unknown and as I've always heard, the future is unknown. <br><br>From the looks of it, the reports try to take all the appropriate factors into consideration. However, from a practical standpoint, it takes a statistician or economist to make heads or tails of it. Joe Home Buyer or Home Seller is just going to see a lot of pretty tables and graphs and then their eyes will start to glaze over. "Donuts. Mmmmmm."<br><br>Don't get me wrong. I love this type of stuff. I think it might be bordering on information overload, though. I generally like this concept. What's not to like? I can show my client that if he buys this home in this location today it'll appreciate (or not) within [x] amount of time. The problem with all forecasting – the weather, the economic trends – is that you can't forecast the unknown and as I've always heard, the future is unknown.

From the looks of it, the reports try to take all the appropriate factors into consideration. However, from a practical standpoint, it takes a statistician or economist to make heads or tails of it. Joe Home Buyer or Home Seller is just going to see a lot of pretty tables and graphs and then their eyes will start to glaze over. “Donuts. Mmmmmm.”

Don't get me wrong. I love this type of stuff. I think it might be bordering on information overload, though.

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