Website Purpose
- Everything presented on this website is for educational purposes only and is not a recommendation, or offer, to buy or sell financial instruments.
- This website is not a solicitation for agency services.
- If you are currently working with a real estate agent, please do not view this website as a solicitation.
Data Reliability
- Past performance of historical timing models, indicators or methodologies cannot guarantee future results.
- Data and charts are subject to change without notice.
- Charts posted and information given is not guaranteed to be accurate or up to date.
- Charts and chart indicators may be built on errors in the source data or mathematical calculations.
- Most charts and data are based on data provided by third-party data suppliers. Data from these suppliers may be incomplete, resulting in in-house adjustments we may deem necessary in order to utilize the complete dataset.
Analysis Methodology
- Charts using average price data, median price data, or composite price data are noted accordingly. A state Composite price is the average price for the median price data for all available cities in the Zillow.com data file for a given state. Composite price has no correlation to a state's true median price or average price.
- The outline and contour of cycle lines is dependent on the timeframe of the data and selection of cycle length combinations. Our choices of combined cycle lengths are based on a set of criteria that has evolved over time.
- The more cycle lengths added to the list of cycles, the closer the projected cycle line will line up with the subject data line. This is known as "curve fitting" and is, in most cases, of minimal forecasting value.
- Cycle line tops and bottoms are not a guarantee that price action will follow through with timely tops and bottoms. Super strong uptrends and downtrends can push projected cycle tops and bottoms further out in time due to the new (strongly trended) data being added to the historical data, resulting in revised future projected cycle highs and lows.
- Superior (inferior) relative performance should not be confused with absolute percentage gain (loss). Prices for a state or city can be declining (resulting in negative yr./yr. returns) while the state (city) is ranked as the No. 1 performer in the group. In such a situation, the top-rated rank would be due to prices declining at the lowest rate (i.e. declining the least) compared with all other states (cities).
- City selection and weights within the National 30-City Index may change periodically. Updates will be provided on the website on as timely a basis as possible.
- Comments associated with specific charts are opinions only that may change at any time without notice.
- Affordability lines are a function of price, mortgage interest rates and personal disposable income. The higher (lower) the level in the Affordability chart, the higher (lower) the cash flow requirements for new (not necessarily 'first-time') buyers.
- Most charts of real estate markets are based on monthly data interpolated into weekly plots. Charts of data germane to the economy ('E. SPEED' tab) are primarily monthly plots.
Industry Credentials and Relationships
- No one at Cycle Lyst is an economist, money manager, investment advisor, or financial planner. The data tables and charts are intended to speak for themselves.
- Keller Williams does not endorse, or in any way ratify, anything that is presented in this website.
Investment Management Disclaimer
- Never invest or trade with money you cannot afford to lose.
- Always consider investment strategies that are most suitable for you, given your capital, knowledge of financial markets and long-term goals.
Last but Not Least
- Cycle Lyst and its officers and directors are held harmless and not liable for any liability you may incur as a result of using information, data tables, and charts provided on this website.
- Information provided on this website may not be resold or re-packaged without prior approval.