CARY, N.C., Aug. 11 /PRNewswire/ -- Local Market Monitor, the premier real estate forecasting solution, announced today its newly formed partnership with Beazer Homes (NYSE: BZH), one of the nation's top ten homebuilders. This new relationship will help Beazer identify the most profitable markets for new sales by giving them the local market risk intelligence they need to make better decisions.

"We're very excited to be working with Beazer Homes," said Carolyn Beggs, Chief Operating Officer of Local Market Monitor. "We look forward to providing invaluable forecasting data to their many divisions across the country."

Beazer Homes, with operations in 16 states, will leverage Local Market Monitor's proprietary forecasting model to help its divisions:

    --  Anticipate changes in the local housing markets and plan strategically
    --  Determine what home prices should be based on actual market demographics
    --  Understand how employment and income will impact future home values in a
        market
    --  Develop marketing programs based on how quickly home prices are changing
        and stay ahead of pricing pressures

    --  Prepare for a future housing recovery

"We rely extensively on market data and consumer research to guide our decision-making process," said Amy Anderson, Market Research Director for Beazer Homes. "Local Market Monitor's unique forecasting tool gives us access to in-depth market intelligence that will help with both short and long-term planning."

Local Market Monitor offers investors in homes and home mortgages with a 12-month price forecast for more than 300 local markets, helping homebuilders identify the most attractive housing markets and determine what will happen to home prices over the life cycle of a development.

About Local Market Monitor

Local Market Monitor, the premier real estate forecasting solution, offers investors in homes and home mortgages the local market risk intelligence they need to make better decisions. Using a proprietary formula called the Equilibrium Home Price, Local Market Monitor determines if markets are currently over or under valued, equipping users with a long-term risk and investment perspective. Covering over 300 local markets, Local Market Monitor also presents key investors with a 12-month home price forecast. The solution includes sorting capabilities allowing subscribers to view and compare real estate markets along various metrics. Local Market Monitor is based in Cary, NC and has provided expertise in evaluating residential property values since 1990. To learn more, visit www.localmarketmonitor.com.

    Media Contact:
    Lauren Brown
    M-pact Marketing
    919.301.8538
    lbrown@m-pactmarketing.com

SOURCE Local Market Monitor