Archive for February 2012
Posted on February 23, 2012
February’s HomeValueForecast.com highlights enhanced scoring system to define and rank real estate market conditions on CBSA, zip code, and neighborhood level. WALTHAM, MA – Pro Teck Valuation Services’ February HomeValueForecast.com shows the majority of U.S. Core Based Statistical Areas (CBSAs) demonstrating more positive than negative market trends despite weak or soft status for top U.S. CSBAs. This month’s analysis includes an enhanced scoring system ranking housing market conditionsLearn More
Posted on February 22, 2012
Recently, HomeValueForecast.com has been sifting through housing data to rank housing market trends at the macro and micro level. We have developed an overall market condition scale to rank individual markets as: Hot Strong Good Normal Soft Weak Distressed We use a variety of scoring indicators including price trends, inventory trends, foreclosure trends and more to provide a score that reflects both current conditions and the trend inLearn More
Posted on February 22, 2012
In this month’s HomeValueForecast.com “Lessons from the Data,” we discuss results from an enhanced scoring system we have created to define and rank the market conditions of individual real estate markets on a CBSA, zip code, and even neighborhood level. This ranking system is based on the same market indicators used in the standard “1004 Appraisal and Market Conditions Addendum,” including: Number of Sales Number of Active ListingsLearn More
