Veros Real Estate Solutions Logo
        • MARKETS

        • AWARD-WINNING MORTGAGE PREDICTIVE ANALYTICS & TECHNOLOGY PROVIDER

          Veros Real Estate Solutions is a top choice for real estate data and technology.

  • INSIGHTS
Search
Close this search box.

VeroFORECAST Home Price Trends & Forecast

VeroFORECAST Accuracy In Changing Market

By multiple measurements of precision, VeroFORECAST allows users to see with pinpoint accuracy specific percentage value changes all the way down to the zip code level and segmented by price tier and property type. It is utilized by economists, statisticians and business leaders all along the mortgage industry value chain as a key resource for forecasting and strategic planning due to its consistent strength and accuracy over more than ten years the forecast has been available.

  • Analyze residential home values up to 24 months into the future
  • Look where real estate really happens – the local level – narrowing down to local geographic regions
  • Segment results by property type and multiple price tiers for more specific analysis
  • Know which markets hold the most opportunity and the greatest risks
  • Mitigate risk and prioritize management by projected loss severity
  • Execute better overall risk management for regulatory compliance

HOUSING OUTLOOK

image of house made of dollar bills

2023’s Housing Market Woes Extend into 2024: Low Supply and Unaffordability

Veros Real Estate Solutions releases the Q4 2023 VeroFORECAST report which anticipates that nationwide home prices, on average are expected to increase 2.4% over the next 12 months, compared to last quarter’s forecast of a 2.2% increase, signaling a continued rise in prices.

Read More →

How is VeroFORECAST Different?

VeroFORECAST is the most granular product available for narrowing down past the core-based statistical area (CBSA) to county and zip code levels. With more than ten years of proven, consistent, and documented accuracy, VeroFORECAST assigns specific percentage predictions (i.e. +2.0 percent) and not just directional indications, as well as providing repeat sales index reaching down to county levels. A well-recognized product, VeroFORECAST is utilized by economists, statisticians and business leaders throughout the mortgage industry.

How Do I Use VeroFORECAST?

VeroFORECAST is in demand even before origination begins, during strategy development and marketing phases, and all the way through to servicing, loan modification and loss mitigation. Use powerful predictive insights to:

  • Set a more reliable loan-to-value (LTV) threshold;
  • Execute stronger branch management; and
  • Better segment your portfolio leaders.

What Does VeroFORECAST Include?

  • Analysis of distinct econometric, real estate and market data at macro and micro levels.
  • Multiple layers of segmentation:
    1. Property Type (Single-family Residence and Condominiums)
    2. Three Price Tiers (Entry-, Mid- and Upper-level Distinctions by Percentile)
    3. Detailed Geographic Segmentation (CBSA, County and Zip Code)
  • Reports delivered on an individual basis or on portfolio runs.
  • Increased coverage including more than 80 percent of the U.S.
  • Flexibility to combine with supplemental analytics from Veros’ powerful portfolio of valuation risk analytics.

Product Benefits

  • Know which markets will hold the most opportunity 24-months out.
  • Mitigate risk by prioritizing default management by projected loss severity.
  • Better loan underwriting.
  • Meet new investor guidelines for collateral valuation.
  • More accurate valuation of existing loans and loan pools.
  • Better overall risk management for federal regulatory compliance.
  • The ability to take your business into the future with confidence.
VeroFORECAST is available in a variety of delivery methods and package options.

Interested in Learning More?

To Speak To Our Sales Team:

866-458-3767 Option 2

Home Price Report

U.S. Home Prices Unfazed by COVID-19

Economic Insights & Indicators

For an up-to-date picture of the U.S. housing market, go to the Veros Economic Insights

Features

Scroll to Top