A new website that offers long-term housing market in 50 states have launched, providing market forecasts of more than 250 local housing markets.

The new site, which is housing Predictor.com launched after more than two years of extensive research and development. The website is the first of its kind to provide estimates of the real-time market housing for local markets across the country.

This release represents a breakthrough for consumers, who have long sought reliable information in a timely manner on the housing markets to better assess the patterns of buying and selling in their local markets. More 80% of all buyers and sellers of real estate now go to the Internet first to conduct research.

News organizations in general, providing forecasts of economists in markets on an irregular basis. Housing Predictor provides regularly updated forecasts on local market conditions in more than 250 markets throughout the U.S.

Web developer Mike Colpitts, who has developed more than two dozen sites produced the site with a staff meeting. Colpitts Fund as a former journalist and real property agent brought the vision to develop the site. The web developer has worked as a television journalist and the newspaper before entering property sales. However, the use of Internet growth has drawn attention to the new source of the information superhighway.

For more two years developing the site with a staff of real estate analysts, economists, web design artists, programmers and writers were collected. A competition to find the best name for the site took place on the internet, offering the winner a prize of $ 5,000.

The name of the site that best describes you. Predictor forecasts of local housing markets in U.S. housing. The median price represents the point midway between the goods markets, where half the homes sell for more and the other half for less are provided for each local market.

Housing Predictor has been met with immediate acceptance. The data indicate reports of hundreds of new visitors visiting the site a few days after launch and the number of visitors increasing daily. The new site offers a state of degradation of the state local market with the market reports for each state.

Forecasts are provided through a comprehensive analysis of the data collected, including the regional economic and political influences. The housing market in the markets Unlike the stock market and business, while others are driven by local market influences and trends of emotional buyers and sellers.

Housing Predictor also features a search engine dedicated to Real Estate. The site has an easy schedule to follow, providing summaries of each state markets and a breakdown of each state said that "markets at a glance. "

Housing Predictor also added interactive features, allowing visitors to ask questions to experts online real estate through advanced technology.

The site also includes forecasts for the top 25 housing markets in 2007 and published soon their worst 25 Market Forecast of the United States for 2007. Housing Predictor also find tips on buying and selling real estate and the latest information about getting the best mortgage or refinance.