WORCESTER, Mass., March 2, 2017 /PRNewswire/ -- Location, Inc., a leading provider of location-based analytics, announced its highly anticipated NeighborhoodScout® platform release, which includes revolutionary Scout Vision™ appreciation trends and forecasts at the sub-Zip Code level.
"We've completely transformed the NeighborhoodScout platform, doubling the amount of proprietary analysis, content, and data critical to the decision-making process of discerning real estate buyers, investors, lenders, and corporations," said Dr. Andrew Schiller, CEO and founder of Location, Inc. and NeighborhoodScout.
NeighborhoodScout's crime risk analytics are some of the most coveted insights in real estate. Included in this new platform release are neighborhood risk indices for every major type of crime. "Now, when you generate a report for any U.S. address, you will not only see total crime risk indices, but the risk of murder, robbery, assault, burglary, car theft, and other crime types for the neighborhood," explained Dr. Schiller. "These are insights you can't find anywhere else on such a platform. But the real game-changer is our Scout Vision™ Trends & Forecasts."
The new NeighborhoodScout platform's ground-breaking Scout Vision Trends & Forecasts offer timely and highly accurate 3-year home value and appreciation rate predictions across all U.S. markets, at the highest resolution available in the market today—nearly 10 times the spatial detail of a typical Zip Code. Until now, most real estate investors have relied on historical appreciation rates as a "baseline" for future performance, or broad-based Zip Code-level data that doesn't take into account all-important local neighborhood trends.
"There can be dramatic differences in home price appreciation within a Zip Code, yet other tools and websites that forecast home price appreciation completely miss this nuanced information," said Dr. Schiller. "With our exclusive Scout Vision Trends & Forecasts on the new NeighborhoodScout platform, an investor can pinpoint exactly which micro-neighborhoods in a Zip Code have the highest three-year appreciation potential, and how secure their investment is likely to be in those areas based on past performance and micro-neighborhood fundamentals. Scout Vision is knowledge empowerment, enabling investors to confidently answer: 'Should I buy, hold, or sell this property, at this location, at this time?'"
Industry veterans and PhD geographers developed Scout Vision by drawing on over a decade of research and development and leveraging the latest geo-statistical techniques. As a result, Scout Vision uniquely solves for risk by generating home appreciation projections and historical trends with unprecedented geographic granularity and predictive accuracy, so you can understand a location's, past, present and future.
In addition to Scout Vision Trends & Forecasts, the new NeighborhoodScout offers the highly accurate and comprehensive crime, demographic, housing, school performance, and real estate analytics for every neighborhood in the U.S., address-by-address, all in one place.
For more information, or to try a free NeighborhoodScout report with Scout Vision Trends & Forecasts, visit www.NeighborhoodScout.com.
About Location, Inc.
Location, Inc. is a geographic research and data mining company born of university research and a leading provider of location-based data and tools used by corporations for risk analysis. Location, Inc. specializes in location analysis, quantifying and mapping of crime and security risks, structure fire risk, demographic and school data information products, and location-based decision-making tools for businesses and consumers. More than 65 million people and businesses have used Location, Inc.'s data and services since the Company's 2000 inception. For more information, visit www.LocationInc.com.
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SOURCE Location, Inc.