Un supported adjustments

[J Grant]

Well, mathematically, the fact real estate is an imprecise market means small data sets can be and usually are distorted by the irregularity of the market. While seasonality is a given, are we expected to adjust down simply because of 2 or 3 sales in May? And overall, what's "accurate" - 1 week time change? One month? 3 months? six months? The more data the more you can smooth the trendline.

I would love to see all the seasonality price differences people talk about - we have seasonal use of properties here; however, they do not have noticeable seasonal effects on price -maybe some areas start the school year, but why else ?

This begs the question that in an area a season that has enough of a substantial price bump to matter, who is the well-informed and well-advised buyer acting prudently and in own best interestt - the person dumb enough to pay 10% more in season, or smart enough to wait 5 months and buy the same property out of season?

If prices are only slightly increased in season like 2-3% does it really matter?

 

[alebrewer]

I would love to see all the seasonality price differences people talk about

Flacco could hook you right up. Not sure why his market is SSSOOOO seasonal, but it's very easy to see the seasonality in the graphs he uploads here.

 

[Sadie]

Any area that depends on weather conditions like ski areas flucuates wildly throughout the year. But those are exceptions.

 

[bsilver]

I'm in Vermont, so we have both summer seasonal use properties along the shores of Lake Champlain, and in a different area winter recreational area properties. I have never observed any indication of seasonal price bumps in either market. There are increases in the number of transactions during the peak use periods, but not every season, and not huge increases. I suspect that there are seasonal areas where out of season there is just not a soul around to be seen; that is not the case here.....

 

[Tom D]

GSE Reporting Compliance: To ensure compliance with the latest GSE reporting requirements, we're building a new feature within Spark that allows you to make dynamic time adjustments that can change with changing market conditions. This new feature will be ready in time for the upcoming compliance deadlines.

I will say that our 4 season year variances disappeared when the market became super hot. It's dead now, so the seasonal aspect is still not functioning here

 

[J Grant]

GSE Reporting Compliance: To ensure compliance with the latest GSE reporting requirements, we're building a new feature within Spark that allows you to make dynamic time adjustments that can change with changing market conditions. This new feature will be ready in time for the upcoming compliance deadlines.

I will say that our 4 season year variances disappeared when the market became super hot. It's dead now, so the seasonal aspect is still not functioning here

I will be adding spark and will learn what "dynamic tile adjustments " means - whether they are credible or not, or apply in all or only some situations remains to be seen-

The market prices can fluctuate each month only because in some months, a few sales happened to sell higher or lower - which does not mean any trend of increasing or decreasing is actually present

Markets usually respond to supply and demand and that rarely changes substantially month to month, if it does change it should last long enough to see prices actually rise or fall - and true supply and demand issues arise from actual events - a shrinking ore spelling economy, interest rate changed etc - not just data points on a chart that might fluctuate

 

[Tom D]

Markets usually respond to supply and demand and that rarely changes substantially month to month, if it does change it should last long enough to see prices actually rise or fall - and true supply and demand issues arise from actual events - a shrinking ore spelling economy, interest rate changed etc - not just data points on a chart that might fluctuate

You understand appraising. That is a good comment for that, we need to know why, 'The market prices can fluctuate each month only because in some months, a few sales happened to sell higher or lower - which does not mean any trend of increasing or decreasing is actually presently' time adjustment. Just like the 1004mc was skewed by the amount of data, or lack of it.

J, i have used spark from it's beginning. I would say it improved my form productivity 30% with a lot of less previous data input aggravation. It's a monthly free. But a long learning cure in the beginning, but once learned, minutes to get info into the report that you don't need to be typing yourself manually.

 

[J Grant]

You understand appraising. That is a good comment for that, we need to know why, 'The market prices can fluctuate each month only because in some months, a few sales happened to sell higher or lower - which does not mean any trend of increasing or decreasing is actually presently' time adjustment. Just like the 1004mc was skewed by the amount of data, or lack of it.

J, i have used spark from it's beginning. I would say it improved my form productivity 30% with a lot of less previous data input aggravation. It's a monthly free. But a long learning cure in the beginning, but once learned, minutes to get info into the report that you don't need to be typing yourself manually.

Lol, trying to call Alamode to add spark and their phones are not working -

 

[Tom D]

Open wintotal, you go to the alamode store at top, and it's only subscribed to there. There are vids that can help. The hard part is setting up the export data from your MLS. But they have instructions, just takes time in the beginning.

 

[alebrewer]

And if you give the Spark folks a shout - they'll actually set the export up for you.