Real Estate Agents & Homebuyers

Location Inc. Debuts NeighborhoodScout Reports®

Introducing NeighborhoodScout Reports and, with it, 5 Free Reports for the first 1,000 customers.

Woonsocket, RI, Jul 8, 2010 - /FLIERWIRE/-- When you buy a used car, you can get a report to make sure you aren't buying a lemon. But what do you do when buying a house, without question the largest purchase for most Americans?

Until now you had to cobble together information, some of which was unreliable, for the entire city rather than the immediate surroundings of the property.

A better way is now available in a new product called NeighborhoodScout Reports® (www.NeighborhoodScoutReports.com), from Location, Inc, a company with expertise in geographic research that over the years has created hundreds of exclusive location information statistics for consumers and businesses.

Why neighborhood? Homebuyers know that you can always remodel a home, but you can rarely move it. So with a home, location tends to be the biggest risk regarding protecting your investment as well as securing your family's happiness.

With NeighborhoodScout Reports, homeowners, buyers, sellers, renters, real estate agents and relocation professionals can instantly assess any neighborhood they are looking at purchasing property in or moving to, simply by entering a property address. Packed with nearly 300 must-see statistics, NeighborhoodScout Reports provides exclusive crime rates and crime risk information for each neighborhood, patent-pending school ratings that allow you to compare any neighborhood or school district against others nationally, home value trends from the latest quarter up to a 20-year span for any location, and lifestyle characteristics revealing the local character found nowhere else, all in one easy to use report.

"Now, before you buy a home or other property, you can buy a report to know if the schools are good, if the address is safe, and more," says Dr. Andrew Schiller, founder and president of Location Inc. and creator of NeighborhoodScout Reports. "You no longer have to run the risk of buying or renting in a neighborhood with hidden problems like crime, school or declining home values."

Since 2002, millions of individuals and families have subscribed to NeighborhoodScout to find their preferred neighborhoods in cities and towns across America, choosing exactly what they want in a neighborhood by selecting lifestyle searches and key words linked to this massive database. Because it was created as a web-based subscription service, NeighborhoodScout has grown in popularity as the search engine for neighborhoods.

NeighborhoodScout Reports complements the NeighborhoodScout search engine by providing access to 100 new data points on crime, housing and lifestyle in every report, and giving users their neighborhood profiles in a handy report format that is presentation-ready, shareable via e-mail, and accessible anywhere via the mobile Web. The site fully supports all modern mobile browsers and is 100% iPhone / iPad compatible. With NeighborhoodScout Reports, users can buy a single report for $19.99 and get the complete picture of a neighborhood before making one of the largest purchases of their life.

"NeighborhoodScout Reports addresses an urgent need for anyone looking to buy, rent, or invest in property. Nowhere else can you get as complete a picture of a property's true value, and its location condition using data that isn't available at this level and quality anywhere," said Jack Kern, Managing Director at Kern Investment Research, LLC. "Why wouldn't people take advantage of this information before they buy a house for $100s of thousands of dollars, or sign a year-long lease committing to $10,000 or more in rent? In a number of ways, NeighborhoodScout Reports is like CARFAX for Neighborhoods, and CARFAX has proven to be a very valuable service to consumers and commercial car buyers alike."

Initial response to NeighborhoodScout Reports has been positive. Home buyers like the detailed reports and insights that are provided to them with complete objectivity. Real estate professionals appreciate the data that can help them do market analyses, justify home prices to buyers as well as sellers, and investors key in on the data on house value trends, appreciation rates and housing stock.

5 Free Reports for the first 1,000 customers

To allow people to test drive the new Report free of charge, NeighborhoodScout Reports is debuting with a special limited time offer for anyone to register and receive five free reports of any five properties in the United States. Supplies are limited for the free reports to the first 1,000 users. This is a $49 pack of reports, for free. After that time, each report is $19.99, five reports are $49.99 and 10 reports are $69.99. Business report purchases are also available for those seeking enterprise access to numerous reports for mortgage underwriting, risk assessment, and other business uses.

Get your 5 Free Reports now at www.NeighborhoodScoutReports.com.

# # #

About Location, Inc.

Location, Inc. is the owner of NeighborhoodScout Reports, and is a research and data mining company born of university research, specializing in location analysis, demographic and school data information products, and location-based decision-making tools for businesses and consumers. More than 8.7 million people and businesses have used Location, Inc. data since the Company's 2002 inception. The Company is based in Rhode Island.