Auction.com Adds Online Research Center

Auction.com Adds Online Research Center

06/13/2013 BY: ESTHER CHO

Auction.com, headquartered in Irvine, California, announced the launch of an online market research division.

The Auction.com Research Center provides a range of free reports based on macro, commercial, and residential research.

The free reports include monthly employment monitors, as well as market-specific analysis covering the multifamily, hospitality, industrial, office and retail sectors in the nation’s top 10 commercial markets, which are Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, New York, San Francisco, Seattle and Washington, D.C.

The residential market reports include Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Philadelphia, Phoenix, Riverside, and Tampa.

“Our goal is to support real estate investment decisions across the industry,” said Peter Muoio, Ph.D., chief economist and head of Auction.com Research. “By centralizing our findings and giving the industry access to our expertise, we hope to facilitate sound business practices that support ongoing market recovery.”

Muoio is founder of the research and consulting firm Maximus Advisors, which Auction.com acquired in December.

Fee-based reports are also available through the Research Center, and users can order custom reports as well.

“The paid reports provide different depths of analysis and include forecasts, submarket analysis, and deeper-dive information on the metro and property market in question,” Muoio added. “However, we make most of our findings broadly available so that industry practitioners, lenders, investors and individuals can make informed business decisions.”

The page also features a link to the Auction.com Research blog, which provides insight into the commercial real estate industry and economic topics.

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