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Birdview sees increase in real estate Web traffic
(LOMBARD, Ill.) – Birdview Technologies is the latest company to release a study suggesting housing markets may be starting to turn positive.
The technology consulting firm says real estate Web sites have had an extraordinary amount of activity over the past several months compared to the dive in traffic last year.
"The sustained upswing we've seen so far this year at the very least signals that buyer interest has returned to the marketplace at levels seen during the boom years. Buyer demand is not necessarily indicative of increased transactions, but it's certainly a necessary ingredient in finding a bottom to the present downturn," said Bedros Bedrosian, President and Co-founder of Birdview.
Birdview’s Real Estate Activity index had dropped to 800 in November, but in April had recovered to just below 1400.