Oakland, California (EastBayDaily) — HomeValue.us.org is going to use their database of property values to review trends in the housing market, the company announced yesterday.
“We have been hearing reports that the market is changing from various sources,” a company spokesman said. “Since we have a huge database with trend information in it, we want to review that data so we can provide our customers with a reliable real estate forecast.”
The company will go over their data for the past five years and review changes in order to find out where housing prices will be in the coming months and years, he said.
“We have some fairly accurate tracking models we can use for the review,” he said. “It's just a matter of plugging in the data and seeing what it provides us with.”
Once they have the information compiled, they will then send it off to real estate investment experts to review, he said.
“They will provide us with the results of their review,” he said. “We will then publish those results so that our customers have a sense if now is a good time to invest in the housing market.”
The company said they decided to do the review after seeing various reports in The Wall Street Journal, Forbes and CNN that the housing market may be rebounding.
“We think that's the case, but we want to do our own review before we make any announcements,” he said. “That way it will be as accurate as possible.”
HomeValue.us.org is a public records database that specializes in providing home and property reports to consumers in the United States. Find out information such as the market value, residential foreclosures, neighborhood amenities, previous owners, and more. Visit HomeValue.us.org today to speak with a live representative, call 1-866-605-0312, or email Manager(at)HomeValue(dot)us(dot)org with any questions or concerns.
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