It’s been very exciting at Cyberhomes over the last few weeks with the launch of our new Market Forecast report.  If you’re not already aware, the Cyberhomes Market Forecast is the only report that uses loan data, foreclosures, and defaults to project changes in your local real estate market.

The initial feedback has been great!  Recently Holden Lewis over at Bankrate.com said the Market Forecast Report was “like Carfax, but for houses.”  Holden went on to say that from the report he learned “the pace of new foreclosures in his area will remain steady over the year, but that the inventory of bank-owned homes will surge. Banks will seize homes faster than they can sell them.”

Also Les Christie, writer for CNNMoney.com, shared that Cyberhomes “introduces an element of logic to a transaction that’s often fraught with emotion.” Sharing that often homeowners act too quickly and causing them to overpay.  Having a report like the Market Forecast would give them access to information that could help.  Christie says “the market report tells them that prices may be in for a sharp fall and more homes are coming onto the market, they may slow down and make a more informed offer. If, on the other hand, the report shows the market heating up, they may conclude that a quick offer can save them some money.”

With such strong consumer benefit it’s easy to understand why J.F. Sellsius at Sellsius Real Estate blog says that “while the product was designed for consumers, it is quite detailed. I can see real estate professionals ordering them to incorporate into their CMA reports.”

If you’re interested in purchasing a copy of the Market Forecast report for your home, investment or CMA, visit Cyberhomes and search the address.  But not before you write down this promo code: MarketDown. With it you’ll save $2 off the full report priced at $9.99 (bringing it to $7.99).  Or if you opt for the summary report you’ll save $1 off the standard price of $3.99 (bringing it to $2.99).

Other recent news surrounding the Market Forecast report:

• Feeling for the housing bottom
• Can Cyberhomes predict the future of defaults and inventory?
• Cyberhomes Market Forecast – More for agent marketing than consumer curiosity
• Cyberhomes Announces New Market Forecast Product
• Cyberhomes Announces Market Forecast Providing Forward-Looking Market Projections
• Cyberhomes Looks to the Future for Salvation