(Source: RIS Media

Cyberhomes.com, a leading consumer real estate portal, announced the release of Cyberhomes Real Estate Market Forecast, the first report that gives consumers a comprehensive tool to help predict future real estate trends in a local market by analyzing key information – including credit information, loan repayment data, delinquencies and foreclosures. Based on data and analytics provided by the parent company Lender Processing Services, Inc., the Cyberhomes Market Forecast makes available to homeowners, buyers and investors, the same unique information and market insight previously available only to mortgage professionals.

“Before the availability of Cyberhomes Market Forecast, only select industry professionals had the information required to understand the likely inventory and valuation trends in a neighborhood at their disposal,” said Nima Nattagh, PhD, senior vice president of LPS Applied Analytics.

According to the company, using proprietary data and analytics from LPS Applied Analytics, Cyberhomes Market Forecast is available for millions of properties and thousands of neighborhoods around the United States. Users can simply search for a property address or neighborhood on the Cyberhomes Web site, and Cyberhomes will show them whether their market is expected to increase in value, decline in value or remain neutral over the next year, based on the data used. Consumers wanting to delve deeper into the results can purchase a summary report for a special introductory price of only $3.99. For those seeking professional-level, rich analysis, a full-scale report showing all of the details will be available for an introductory price of $9.99.

Read the full press release “Cyberhomes Announces Market Forecast Providing Forward-Looking Market Projections” (June 2 2009).

Read what other people are saying:

Cyberhomes New Real Estate Market Report Forecasts Home Values” in The Clozing.

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