Tag Archives: Home Value Forecast

A report issued by a property information and analytics firm examines the accuracy of its home-price forecasts. Find out how close their numbers track with reality.

The gap between hot and cold housing communities in some cases exists within the same core-based statistical area (CBSA).

Pro Teck highlighted 10 CBSAs for their growth in home sales prices year-over-year. Five areas saw enough improvement in their prices to receive “strong” ratings, with one considered “good” and four others “soft.”

The picture could change completely in 2016 if interest rates begin edging up following the Fed's decision to raise rates on Wednesday.

The best U.S. cities for watching home price inflation appear to be concentrated along the West Coast, a new report from data services firm Pro Teck says.

As the housing market continues to improve, more buyers enter the market, and inventory levels decline, favor now rests in sellers' hands.

Pro Teck's Home Value Forecast found that in markets like San Francisco and Detroit are experiencing different recoveries and one reason for this is the credit availability.

In 200 housing markets in the U.S., the weighted average months of remaining inventory data point average dropped lower in June 2015, declining more than 12 percent from the same time last year. According to U.S. ProTeck Valuation Serivices' Home Value Forecast, the MRI as of June 2015 stands at 6.11 months, while last year, this average was 6.97 months.

In an examination of whether millennials are helping inner cities experience a rebirth, the authors of ProTeck Valuation's Home Value Forecast (HVF) for May determined that while some urban areas with populations dominated by millennials are thriving, urban recovery is still happening slowly nationwide, according to a press release from ProTeck on Monday.

HVF research on the impact of lower oil prices on home values found that in areas where the industries are diversified beyond oil and gas, home prices have remained stable. Authors of this research analyzed Houston’s home prices versus crude oil prices over the last forty years and found with the exception of the 1980s, Houston home prices have been steadily increasing due to diversity in the region.