By taking away much of the guesswork involved in the decision to invest in housing markets, we have presented a paramount solution to one of the economy's biggest crises.
Cary, NC (PRWEB) February 25, 2009
Local Market Monitor, the premier real estate forecasting solution, announced today the availability of its new forecasting tool, geared toward equipping key investors in the mortgage industry with the local market risk intelligence they need to make better investment decisions. Local Market Monitor, founded by veteran real estate expert Ingo Winzer, has provided investors in homes and home mortgages with objective advice about real estate markets, including the risk represented by home prices, since 1990.
"Local Market Monitor is the key to educating investors about the risk associated with U.S. residential housing markets," said Winzer. "By taking away much of the guesswork involved in the decision to invest in housing markets, we have presented a paramount solution to one of the economy's biggest crises."
With more than 20 years of proven expertise and trend analysis in evaluating residential real estate markets, Winzer developed the solution based upon his proprietary formula called the Equilibrium Home Price. This formula has proven to be a valuable tool in understanding local home price changes. His real estate market risk advisement has landed him attention in national press such as The New York Times, The Wall Street Journal and CNNMoney.
Covering nearly 300 housing markets throughout the U.S., Local Market Monitor uses the concept of Equilibrium Home Prices to identify markets where home prices are over or under valued, thereby serving as an "early warning system" for potential mortgage risks and helping to determine opportunities for growth. The solution's Home Price Forecasting Model takes into account the most recent change in home prices, the recent momentum of home price changes, and the expected income growth in a market. Local Market Monitor analyzes local and national trends in income growth and housing prices to accurately project home price trends and assess local market risk using a 12-month home price forecast. The solution also allows investors to sort and compare real estate markets along various metrics.
"By providing state-of-the-art research to the real estate industry in a critical economic period, Local Market Monitor brings unparalleled value to investors in the mortgage industry," said Winzer. "Customers want to know that their money is going to a good investment, and this forecasting solution provides the key piece investors have been missing."
About Local Market Monitor
Local Market Monitor, the premier real estate forecasting solution, offers investors in homes and home mortgages the local market risk intelligence they need to make better decisions. Using a proprietary formula called the Equilibrium Home Price, Local Market Monitor determines if markets are currently over or under valued, equipping users with a long-term risk and investment perspective. Covering nearly 300 local markets, Local Market Monitor also presents key investors with a 12-month home price forecast. The solution includes sorting capabilities allowing subscribers to view and compare real estate markets along various metrics. Local Market Monitor is based in Cary, NC and has provided expertise in evaluating residential property values since 1990. To learn more, visit http://www.localmarketmonitor.com.
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