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Metrosearch Desktop
Metrosearch is a software system for analyzing single-family new home construction in
markets across the United States. It has become known as the industry standard for
analyzing housing trends, lot and housing inventory, product placement and pricing.
Builders, developers, lenders, suppliers and retailers use this tool in evaluating
markets and assessing the risk of current or upcoming projects. Metrosearch is installed
on each subscriber's desktop and updated via CD-Rom on a quarterly basis with the new
statistics. (Click picture to enlarge)
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Metrosearch combines Metrostudy's proprietary Housing Activity data, product information,
public data, and MapInfo mapping into a powerful yet user-friendly analytical tool. Every
90-days Metrostudy performs a lot-level inspection survey of every subdivision in major
markets across the country. The survey produces housing statistics that indicate a market's
current quarter and annual absorption rates for housing and lot inventory. The survey
allows us to update the current floor plan offerings and prices in each market. The current
quarter data, along with the historical trends, enables you to keep a finger on the pulse
of the housing market and to appropriately respond to changes as they occur.
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Metrosearch allows you to evaluate an entire market at the macro-level or filter out
non-competing subdivision based on location, price, or even lot size when evaluating at
the micro-level. Housing activity and product information can be sorted and filtered with
a few simple clicks in order to customize your analysis. In minutes you can get a quick
snapshot of a deal, a corridor, or a market and save valuable time you need to work on the
details or to look for the next deal. You can apply the same type of analysis to any market
because Metrosearch functions in the same way in every market, all incorporated into one
flexible software package. (Click picture to enlarge)
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The MapInfo mapping component of Metrosearch geographically integrates subdivision
locations and housing statistics into a customizable, printable map environment. You can
use the mapping component to determine which subdivisions reside within a user-defined
trade area and to create color-coded thematic maps. Once the trade area is selected, then
the subdivisions can be automatically selected in Metrosearch for additional analysis.
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Third party public data can also be incorporated into Metrosearch where a reliable source
is available. This public record information is then tied to the builder and subdivision
to provide another level of detail and analysis. The types of third party information that
may be incorporated vary from market to market, but can include builder-participation
traffic and contract reports, building permit transactions, and closing deed transactions.
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| As a real estate industry professional, you need access to complete, accurate and useable information so you can make the best decisions possible. Call Metrostudy today to learn more about Metrosearch and how the most powerful real estate decision-making tool available can help you and your team make better, faster real estate decisions. | |||
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