|By PR Newswire||
|March 24, 2014 06:39 PM EDT||
NATICK, Mass., March 24, 2014 /PRNewswire-USNewswire/ -- Weiss Residential Research LLC (WRR) announced today that Christopher Whalen has joined the firm's board of advisers. Whalen is an investment banker and author who lives in New York. He will be advising WRR on business strategy and housing industry trends. With more than 30 years of experience as an investment banker and analyst, Whalen is considered to be one of the leading US experts on the housing sector and financial institutions.
"We are really pleased to have the benefit of Christopher's experience and expertise on our advisory board," notes Founder and CEO Allan Weiss, who was one of the founders of Case Shiller Weiss and led that firm until it was sold in 2002. "As we commercialize our House Price Index and HomeVest Score products and apply these tools to investment strategies such as rent-to-own, we look forward to having the benefit of Chris' experience and market knowledge."
WRR is an industry pioneer in next generation home price analytics. Building on the firm's unique expertise in repeat sales home price indexes, WRR has increased the resolution of market analysis by nearly 10,000-fold. Specifically, WRR has created nearly 50 million home price indexes, one for each house, through the use of Big Data techniques, novel algorithms and by harnessing the power of massively parallel multi-CPU computing power.
"I am very excited about working with Allan and his team to commercialize the WRR House Price Indices and Market Maps," notes Whalen. "The current offering of home price indices is really inadequate to describe the detail and diversity that is present in many cities and neighborhoods. By creating home price indices for individual homes, WRR is able to provide enormous visibility for lenders, investors, policy makers and realtors when it comes to current home price valuations and the direction of future home prices."
About Weiss Residential Research
WRR produces house-specific home price indexes which demonstrate how the value of each house has changed through the passage of time. With accurate, individual, house-price indexes, we produce true home-price forecasts that can be used to make smarter real estate decisions. We invite you to learn how you can use our unique tools to make these smarter decisions by visiting our web site: https://www.weissres.com/
About Christopher Whalen
Christopher Whalen is an investment banker and author who lives in New York. He is the author of the December 2010 book, "Inflated: How Money and Debt Built the American Dream," now in a second printing from John Wiley & Sons. He is completing a new book co-authored with Frederick Feldkamp entitled "Financial Stability: Fraud, Confidence & the Wealth of Nations" scheduled to be published by John Wiley & Sons in the second half of 2014. For more information, please visit www.rcwhalen.com
SOURCE Weiss Residential Research LLC