{"id":"https://openalex.org/W1886201735","doi":"https://doi.org/10.1111/reec.12003","title":"To Sell or Not to Sell: Measuring the Heat of the Housing Market","display_name":"To Sell or Not to Sell: Measuring the Heat of the Housing Market","publication_year":2013,"publication_date":"2013-06-01","ids":{"openalex":"https://openalex.org/W1886201735","doi":"https://doi.org/10.1111/reec.12003","mag":"1886201735"},"language":"en","primary_location":{"id":"doi:10.1111/reec.12003","doi":"https://doi.org/10.1111/reec.12003","is_oa":false,"landing_page_url":"https://doi.org/10.1111/reec.12003","pdf_url":null,"source":{"id":"https://openalex.org/S129086836","display_name":"Real Estate Economics","issn_l":"1080-8620","issn":["1080-8620","1540-6229"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Real Estate Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5016363643","display_name":"Paul E. Carrillo","orcid":"https://orcid.org/0000-0003-3187-0466","observed_orcids":["https://orcid.org/0000-0003-3187-0466"]},"institutions":[{"id":"https://openalex.org/I193531525","display_name":"George Washington University","ror":"https://ror.org/00y4zzh67","country_code":"US","type":"education","lineage":["https://openalex.org/I193531525"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Paul E. Carrillo","raw_affiliation_strings":["Economics Department The George Washington University Washington D.C. 20052"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Economics Department The George Washington University Washington D.C. 20052","institution_ids":["https://openalex.org/I193531525"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5016363643"],"corresponding_institution_ids":["https://openalex.org/I193531525"],"apc_list":{"value":3400,"currency":"USD","value_usd":3400},"apc_paid":null,"fwci":9.1849,"has_fulltext":false,"cited_by_count":49,"citation_normalized_percentile":{"value":0.97247067,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"41","issue":"2","first_page":"310","last_page":"346"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/housing-market-conditions","display_name":"housing market conditions","score":0.7749999761581421},{"id":"https://openalex.org/keywords/list-prices","display_name":"list prices","score":0.7070000171661377},{"id":"https://openalex.org/keywords/selling-price","display_name":"selling price","score":0.9929999709129333},{"id":"https://openalex.org/keywords/hedonic-pricing","display_name":"hedonic pricing","score":0.7910000085830688}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6269471645355225},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.42951700091362},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.34595197439193726}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/reec.12003","doi":"https://doi.org/10.1111/reec.12003","is_oa":false,"landing_page_url":"https://doi.org/10.1111/reec.12003","pdf_url":null,"source":{"id":"https://openalex.org/S129086836","display_name":"Real Estate Economics","issn_l":"1080-8620","issn":["1080-8620","1540-6229"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Real Estate Economics","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.704.5172","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.704.5172","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://home.gwu.edu/%7Epcarrill/research_files/Carrillo.MarketHeatIndex.Final.October.28.2011.pdf","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":39,"referenced_works":["https://openalex.org/W568500457","https://openalex.org/W586344024","https://openalex.org/W1483258164","https://openalex.org/W1495129626","https://openalex.org/W1501102347","https://openalex.org/W1520474827","https://openalex.org/W1555754479","https://openalex.org/W1580632530","https://openalex.org/W1680949422","https://openalex.org/W1922943298","https://openalex.org/W1933180264","https://openalex.org/W1981621589","https://openalex.org/W1982384857","https://openalex.org/W1984378410","https://openalex.org/W1994494508","https://openalex.org/W2009079966","https://openalex.org/W2020122233","https://openalex.org/W2032359693","https://openalex.org/W2036914754","https://openalex.org/W2039319002","https://openalex.org/W2051220593","https://openalex.org/W2056844202","https://openalex.org/W2058399707","https://openalex.org/W2063513665","https://openalex.org/W2069435705","https://openalex.org/W2072975529","https://openalex.org/W2110423105","https://openalex.org/W2138124545","https://openalex.org/W2144749617","https://openalex.org/W2146947423","https://openalex.org/W2164638996","https://openalex.org/W2165596789","https://openalex.org/W2252136420","https://openalex.org/W2891190930","https://openalex.org/W3122154435","https://openalex.org/W3122721562","https://openalex.org/W3122776545","https://openalex.org/W3123605711","https://openalex.org/W3124359426"],"related_works":["https://openalex.org/W2161269014","https://openalex.org/W7039553219","https://openalex.org/W4322709010","https://openalex.org/W2069435705","https://openalex.org/W3014351829","https://openalex.org/W2327845607","https://openalex.org/W7118187937","https://openalex.org/W3165683636","https://openalex.org/W3122602054","https://openalex.org/W2315153433"],"abstract_inverted_index":{"Combining":[0],"list\u2010price,":[1],"sale\u2010price":[2],"and":[3,15,49,52,84,90],"time\u2010on\u2010the\u2010market":[4],"data,":[5],"we":[6,75],"estimate":[7],"an":[8,40],"index":[9,23,57,78],"that":[10,16,77],"summarizes":[11],"housing":[12,67],"market":[13],"conditions":[14],"has":[17],"a":[18,29],"direct":[19],"economic":[20],"interpretation.":[21],"The":[22],"measures":[24],"seller's":[25],"bargaining":[26],"power":[27],"in":[28,86],"structural":[30,53],"search":[31],"model":[32],"of":[33,47,97],"home":[34,87],"seller":[35],"behavior.":[36],"Structural":[37],"estimation":[38],"uncovers":[39],"analytical":[41],"relationship":[42],"between":[43],"reduced":[44],"form":[45],"coefficients":[46],"hedonic":[48],"marketing\u2010time":[50],"equations":[51],"parameters.":[54],"Thus,":[55],"the":[56,71,82,95,98],"can":[58],"be":[59],"estimated":[60],"using":[61],"individual\u2010level":[62],"or":[63],"aggregate":[64],"data.":[65],"Using":[66],"transactions":[68],"data":[69],"from":[70],"Washington,":[72],"D.C.,":[73],"area,":[74],"show":[76],"trends":[79],"coincide":[80],"with":[81,91],"up":[83],"downturns":[85],"appreciation":[88],"rates":[89],"popular":[92],"perceptions":[93],"about":[94],"\u201cheat\u201d":[96],"market.":[99]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}