New technology articulates real-time housing market trends
New technology articulates real-time housing market trends
RISMEDIA, December 6, 2006?Altos Research LLC, a leading Internet source for real-time real estate market research has announced the availability of a real-time real estate market analysis in five major U.S. metro markets, reaching over 30 million people. The company’s MarketLeader Technology Platform(TM) automatically analyzes housing market conditions across thousands of zip codes every week, highlights significant trends, and delivers written informative commentary.
Altos Research currently offers real-time housing market trend information in the San Francisco Bay Area, Los Angeles, San Diego, Seattle, and Chicago markets and will be expanding nationwide in 2007.
Traditional housing market analysis fails to be useful for two reasons: the information is regional and it is based on old data. Home buyers and sellers worry about the changing real estate market and seek independent, insightful, current market research for decision making.
Realtors struggle with ways to best inform their home buyers and sellers. As subscribers to Altos Research, real estate agents have powerful Web site tools and personalized reports that help their clients understand the market.
“Better housing market information is critical to home buyers and sellers researching their options. To make the best decisions, people want to reference current pricing data; not data that may be three or six months old,” said Michael Simonsen, co-founder and CEO of Altos Research. “Stock investors know what is happening up-to-the-moment on the stock exchange. Buying or selling real estate is one of the biggest financial decisions people make. People feel much more confident making decisions with real-time information about the market. The Realtor who can inform the client looks like a rock star.”
“Altos Research provides us super detailed market information. They do it faster and easier than I could get ever before.” said Randy Zinn, vice president of marketing with Paragon Real Estate Group in San Francisco, “Our clients love it.”
Real-Time Analysis Helps all Real Estate Market Participants benefit from real time trend analysis:
- Realtors subscribe to powerful, personalized Altos Research reports and Web site trend charts to help to convert Web surfers into clients.
- Real estate brokerage firms license the MarketLeader Technology Platform to offer real-time local housing market research to all their realtors and all their clients.
- Consumers, developers, lenders subscribe to get the edge in their local market buying and selling decisions.
Pricing and Availability
Consumers can purchase local market reports for as little at $15. Realtor subscriptions start at $80/month for a personalized reporting and Web site tools.
For more information, visit Altos Research MarketLeader Technology Platform(TM).
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