Discover how you can find the latest forecast in your local neighborhood market, and make smarter decisions and more profits.
There are many levels of information, which affect on your local markets that change each month and quarter that have and will affect the prices changes in the future. First we need to examine what local levels of economic information is available, and then see how the My Neighborhood Trends system is best used to make smarter and more profitable decisions.
| My Neighborhood Trends offers unique block-level micro-intelligence, that provides scoring on conditions and predictive analytics, which allows investors, originators, and scrutinizer to avoid loss and defaults, and increase revenues.
Statistically, what matters most as to what will affect future price changes in any local neighborhood, is the changes at the Census Tract (CT) and Block Group (BG) levels. As professionals know, all real estate is local, and what matters is location, location, location. Knowledge of changes within the most local areas and neighborhoods, is critical in making smart real estate investment decisions.
Many real estate web sites provide "current” home values, and yearly market demographics and economics. Macro or market information are at such a high level of geography such that these aggregated values can become extremely INACCURATE for any single home, block, neighborhood, or Zip Code.
My Neighborhood Trends is the only Company able to deliver totally relevant data pertaining to the future value trends at the hyper-local market level. And we do this by focusing on "the missing information" as described in book The Missing Keys to Thriving in Any Real Estate Market on page 121. The missing information typically is more important in making a wise decision, than simple sales or property data. Some of this current local missing neighborhood information includes:
Median Income, Affordability, Population Changes, Number of new business, Number of new jobs, Unemployment rate, Growth index, Number on mortgages, Number of mortgages at risk, Vacancy rate, Number of vacant 2nd homes,
Types of construction and when built, Number of Building permits, Number of completed building permits, Local features and Quality of Life, Distances to Features, Distances to Job Center, Travel Time To Work, Local Demand Index, Expected Cash Flow, Housing Starts, Earthquake and Weather Risk, Available build able land, Local Tax Rate, Local Business Environment Rate, Housing Inventory, Disposable Income, and many more.
At My Neighborhood Trends we analyze the latest macro information, like interest rates, and current lending conditions AND the local neighborhood information and trends (listed above) so you can use our tools, and make smarter decisions and more profits. There are over 208,809 Census Block Groups within the USA. We analyze every block and offer a prediction that has an historic accuracy of 98% accuracy for our high confidence areas.
What is most important to the investor or home owner or real estate professional, is what affects price movement at the local level. Typically price alone has anywhere from 45% to 75% of what affects price movement, according to PhD s mathematicians from UC Berkeley. My Neighborhood Trends let's real estate professionals view critical information in gradient maps and block level neighborhood reports. With such unique monthly and quarterly variables as: new jobs, new businesses, growth, income change, and the latest vacancy figures which statistically makes up for what is missing in the elements than just looking at prices alone.
With an expert system with critical variables and trends that affects future home value changes; all members can make smarter decisions and more profits. Loan and insurance underwriting regulations can improve dramatically as a result now having access to current real expert system. Lenders can use our technology to establish correct loan-to-value ratios and to monitor real estate mortgage portfolios.
Every homeowner, real estate agent and real estate investor knows that each neighborhood has different values and trend differently. At My Neighborhood Trends you have the system you need to make more profits.