www.HousingPredictor.com is remarkable and we’ll keep it on the Intown Insider blogroll. Here’s their methodology…
“We examine more than 20 micro market characteristics in each market place, including income levels, employment trends and changes, school enrollment, business trends, regional political influences, real estate sales history and current housing market velocity. The factors are all considered to come up with each local market forecast.
All of the information is gathered from hundreds of independent sources the staff develops without bias for the real estate industry to issue the forecasts.
Today, Housing Predictor is consulted by the nation’s foremost investment houses, mortgage companies, real estate companies and most importantly consumers for our forecasts. Housing Predictor maintains more than an 85% accuracy rating with its forecasts.”
I am going to read their Georgia forecast updates regularly. If you are an Atlanta property Seller, then you should too!
If you are an Atlanta Home Buyer then remember that Housing Predictor forecasts Atlanta will deflate an additional 12.3% in average housing prices in 2008.
Y’all do your own math…know your numbers!
Get your real estate on.