Local Market Monitor Press Release
Local Market Monitor Founder and President Named a 2017 Pulsenomics Crystal Ball Winner for Home Price Forecasting Accuracy
Ingo Winzer Recognized for Outstanding Performance Among More Than 100 Distinguished Real Estate Experts and Investment StrategistsCary, N.C. March 19, 2018 - Local Market Monitor, the experts in local market forecasting, announced today that founder and president Ingo Winzer was named a 2017 Crystal Ball Award winner in recognition of outstanding performance in The Zillow® Home Price Expectations SurveyTM. The prestigious awards recognize the most accurate forecasters among an expert panel composed of more than 100 distinguished economists, investment strategists, and housing market analysts.
Winzer secured first place for Outstanding Consistency with the most top five rankings in the eleven performance categories.
The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asks the members of an expert panel to provide their expectations for annual home price growth rates over a five-year horizon. Panelist performance rankings are based on a comparison of each expert's forecasts to actual changes as measured by the Zillow U.S. Home Value Index.
"It is a true honor for me and the company to be part of Pulsenomics' elite panel of experts, and to be recognized for our real estate market expertise and forecasting accuracy," said Winzer.
He added, "We are proud of the solutions we have created here at Local Market Monitor, including our unique methodology that helps us provide insight, risk assessments and forecasting the real estate industry can rely on. It is great to be recognized for that by our customers and the industry."
Local Market Monitor
Local Market Monitor, the experts in local market forecasting, offers investors in homes and home mortgages the local market risk intelligence they need to make informed decisions. Using a proprietary formula called the Equilibrium Home Price, Local Market Monitor determines if markets are currently over or under valued, equipping users with a long-term risk and investment perspective. Covering more than 300 local markets, Local Market Monitor also presents key investors with a 12, 24 and 36-month home price forecast. The solution includes sorting capabilities, allowing subscribers to view and compare real estate markets along various metrics, including an Investment Suitability Ratings tool to identify opportunities based on individual investing goals. To learn more, visit www.localmarketmonitor.com or call 800-881-8653.
Pulsenomics LLC (www.pulsenomics.com) is an independent research and consulting firm that specializes in data analytics, new product and index development for institutional clients in the financial and real estate arenas. Pulsenomics also designs and manages expert surveys and consumer polls to identify trends and expectations that are relevant to effective business management and monitoring economic health. Pulsenomics LLC is the author of The Home Price Expectations SurveyTM, The U.S. Housing Confidence Survey, and The U.S. Housing Confidence Index. Pulsenomics®, The Housing Confidence IndexTM, and The Housing Confidence SurveyTM are trademarks of Pulsenomics LLC.