Visualization of future value predictions and supporting factors for real estate by block

• US 20080097768A1
• Filed: 10/12/2006
• Published: 04/24/2008
• Est. Priority Date: 10/12/2006
• Status: Abandoned Application

• Current Assignee: Edward L. Godshalk
• Original Assignee: Edward L. Godshalk
• Inventors: Godshalk, Edward L.
• Application Number:
  US11/549,089
• Publication Number:
  US 20080097768A1
• Time in Patent Office: Days
• US Class Current: 705/312
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 50/186 Estate planning

Abstract

Methods and systems for block level visual presentation of real estate forecasts and related statistical confidence indicators and supporting factors. The visual presentations build upon a data set comprising block level future value predictions, statistical confidence indicators and supporting factors. A map of a user selected geographical area is visually marked to distinguish blocks or block groups based on their future value predictions. Additional overlay information includes statistical confidence indicators associated with the future value predictions, as well as presentation of supporting factors representing “reasons” behind the predictions. Visualizations allow user interactions, thereby offering the ability to visually navigate the predictions and supporting factors using tables, graphs and other tools.

Claims

1. A method, comprising:

receiving from a user a geographical selection; and

providing to the user a visual presentation of real estate future value predictions for the geographical selection, using a map.

2. A method as recited in claim 1, wherein the visual presentation comprises block level or block group level real estate future value predictions.

3. A method as recited in claim 1, wherein the future value predictions comprise percentage value changes from a period in the past to a period in the future.

4. A method as recited in claim 1, wherein the receiving comprises:

obtaining from the user longitude and latitude coordinates indicating the geographical selection.

5. A method as recited in claim 1, further comprising:

providing a visual presentation of statistical confidence indicators associated with the presented future value predictions.

6. A method as recited in claim 5, further comprising:

receiving from the user a selection of one or more factors supporting the future value predictions; and

providing to the user a visual presentation of the values of the one or more factors for the geographical selection.

7. A method as recited in claim 6, wherein the one or more factors comprise job growth, income growth, unemployment rate, migration, inventory, value, demand or vacancy.

16. A method as recited in claim 1, wherein the visual presentation comprises block level or block group level real estate future value predictions.

18. A method as recited in claim 16, wherein the set of preferences further pertains to one or more factors supporting the future value predictions.

19. A method as recited in claim 18, wherein the one or more factors comprise job growth, income growth, unemployment rate, migration, inventory, value, demand or vacancy.

8. A system, comprising:

a visual display; and

a controller, the controller for;

receiving from a user a geographical selection; and

displaying on the visual display a presentation of real estate future value predictions for the geographical selection, using a map.

9. A system as recited in claim 8, wherein the visual presentation comprises block level or block group level real estate future value predictions.

10. A system as recited in claim 8, wherein the future value predictions comprise percentage value changes from a period in the past to a period in the future.

11. A system as recited in claim 8, wherein the receiving comprises:

obtaining from the user longitude and latitude coordinates indicating the geographical selection.

12. A system as recited in claim 8, the controller further for:

displaying on the visual display a presentation of statistical confidence indicators associated with the presented future value predictions.

13. A system as recited in claim 12, the controller further for:

receiving from the user a selection of one or more factors supporting the future value predictions; and

displaying on the visual display a presentation of the values of the one or more factors for the geographical selection.

14. A system as recited in claim 13, wherein the one or more factors comprise job growth, income growth, unemployment rate, migration, inventory, value, demand or vacancy.

15. A method, comprising:

receiving from a user a login and password sent over a network via a terminal;

retrieving from a database a set of preferences for the user, the set of preferences pertaining to real estate future value predictions for a geographical selection; and

sending to the terminal a set of data for visual rendering by the terminal, the set of data comprising a visual presentation of the real estate future value predictions for the geographical selections, using a map.

17. A method as recited in claim 15, wherein the set of data further comprises a visual presentation of statistical confidence indicators associated with the future value predictions.

20. A computer-readable medium having computer-executable instructions for performing the steps of:

receiving from a user a geographical selection; and

providing to the user a visual presentation of real estate future value predictions for the geographical selection, using a map.