Richmond, VA - Local Market Forecast
- ID: 1058133
- May 2016
- 4 pages
- Local Market Monitor (LMM)
Local Market Monitor reports provide insight on residential real estate markets allowing you to better assess the state of the local markets you do business in. The reports allow users to look at trends and reduce their exposure to risk, allowing them to make informed, strategic decisions regarding future investment decisions.
Covering over 300 markets nationwide, Local Market Monitor reports include analysis on current and expected changes in home values, Investment Suitability Ratings, and home price risk assessments in addition to data on vacancy rates, unemployment rates, new housing permits, job growth, job concentrations, and population demographics for the local market.
Local Market Monitor reports can be used to negotiate financing terms on real estate transactions, to make decisions on credit policy, for quarterly market reviews and for documentation for regulatory compliance.