(EMAILWIRE.COM, July 07, 2008 ) Boston, MA - The REmapperTM 12-Month Forecasted Home Value for the Boston-Cambridge-Quincy, MA-NH Metro Area ranks 42nd within the total number of 402* Metro Areas within the USA as of June 21, 2008. A new break through technology gives actual previews of the local property market six months and twelve months into the future. This new tool is vital because it can virtually insure against a Boston-Cambridge-Quincy, MA-NH Metro Area a future mortgage crisis and meltdown. The new algorithms and confidence levels will reduce the risk in loans, encourage new home purchases, and minimize the amount of home-owner “walk-away” vacancies. Check out the forecasts and confidence levels of your home or investment property for the next year. Within the state of Massachusetts, Boston-Cambridge-Quincy Metro Area ranks 4th. The confidence number for the 12-Month Forecasted Home Value is 15 based on a range of 1 to 20. Forecasts are based upon algorithms that have been back-tested over the last 2 years. The national average of last month’s 12-month forecast had an accuracy of + or – 2.28%. Boston-Cambridge-Quincy Metro Area has 3,375 Census Block Groups. The range (min to max) forecast is -19.64 to +6.35.

The current housing crisis is caused by a lack of quality relevant local information and a lack of due diligence on loans and loan packages (MBS). Can the sub-prime housing market crash occur again in your town? Noted Real Estate author, analyst and lecturer Eddie Godshalk, fears the answer is yes, because the loan approval process is only based upon the present, just a snap shot. There is no consolidation of local meaningful data to mitigate risk. “To conduct meaningful real estate due diligence, you need to know how one block compares to another block and the surrounding blocks,” states Eddie Godshalk, Author of “Thriving in Today’s Real Estate Market” and CEO of Silicon Valley, based REmapper™ Corporation.


For more information on REmapper’s Zoom Technology for local forecasts, please contact:

Eddie Godshalk, CEO
866-895-5763

Remapper Corp
www.REmapper.com Click Maps for demo.
clientservices@REmapper.com

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Contact Information:
Remapper COrp
Eddie Godshalk
Tel: 408-410-8494
Email us


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