More Subtle Blog Changes

May 4, 2006

After toying with names for our Northern Virginia market index we finally came to the conclusion that calling it what it really means is the most understandable. The MARKET^pulse Index is now simply the Buyer Intensity Index.

The index is an indicator of home buyer intensity at any point in time (in our case monthly). Positive index values means more property is being sold than there are active listings. Negative index values means fewer properties are being sold when compared to total active listings. Values close to zero indicates a relatively balanced market; number sold is close to number active. An out of balance condition exists when the difference between sold and active is greater than 25% of the number of actives or when the difference is less than 20% of the number of total actives.

All references in the blog are changed to Buyer Intensity.

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