Home Value Predictor

Here is the list of seven false assumptions that caused the housing crisis:

False Assumption 1: Real Estate Has Always Gone Up in Value, Thus It Will Continue to Go Up in Value

False Assumption 2: Existing Systems for Risk Management, such as FICO Scores and Rating Agencies, Are Adequate.

False Assumption 3: The system of Gaussian copula function was adequate and reduced risk of MBS.

False Assumption 4: Appraisals and MLS information are adequate to assess local risk and make a buying decision.

False Assumption 5: Licensed Real Estate Professionals, and the Web, Have the Most Current Information Available.

False Assumption 6: There is No Need to Have Current Local Information, Demographics, Economics, or Hyper-Local Forecasts, Since Macro Metro Yearly Data Is Adequate.

False Assumption 7: The Current Systems for Access Risk and Rates of Return of Real Estate Portfolios ARE Adequate.

Next will be a brief description of each of these false premises, which are explained more in my new book titled The Missing Keys to Thriving in Any Real Estate Market

As always, appreciate your comments and feedback.