Comments on: Insights For Search Predicts Real Estate Collapse http://davidgreen.com/chart-patterns-predicted-real-estate-declines.htm Resource Guide about Various Subjects including Investing & Making-Money... Thu, 29 Jul 2010 16:06:14 +0000 hourly 1 http://wordpress.org/?v=3.0 By: David http://davidgreen.com/chart-patterns-predicted-real-estate-declines.htm/comment-page-1#comment-329 David Mon, 08 Feb 2010 17:31:31 +0000 http://davidgreen.com/?p=1634#comment-329 Don't think it was made real clear that a reason the market chart prediction was so amazing is that it was NOT based on actual real estate sales statistics. In fact, the number of actual MLS listings did not play a major role in the stats according to my analysis of this method. Google says the search numbers are based on this: "Google Insights for Search analyzes a portion of world-wide Google web-searches from all Google domains to compute how many searches have been done for the terms you’ve entered, relative to the total number of searches done on Google over time." The theory in this case was because the real estate market was slowing down in the view of the public, there were less and less searches being performed for the search-term over time. Don’t think it was made real clear that a reason the market chart prediction was so amazing is that it was NOT based on actual real estate sales statistics. In fact, the number of actual MLS listings did not play a major role in the stats according to my analysis of this method.

Google says the search numbers are based on this: “Google Insights for Search analyzes a portion of world-wide Google web-searches from all Google domains to compute how many searches have been done for the terms you’ve entered, relative to the total number of searches done on Google over time.”

The theory in this case was because the real estate market was slowing down in the view of the public, there were less and less searches being performed for the search-term over time.

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