Location History:
- McLean, VA (US) (2002)
- Edmonton, CA (2009 - 2012)
- Calgary, CA (2014)
Company Filing History:
Years Active: 2002-2014
Title: Sol T Mumey: Innovator in Housing Price Forecasting
Introduction
Sol T Mumey is a notable inventor based in Edmonton, Canada. He has made significant contributions to the field of housing price forecasting, holding a total of four patents. His innovative approaches have the potential to influence economic decisions in real estate markets.
Latest Patents
One of Sol T Mumey's latest patents is a method for forecasting housing prices using a dynamic error correction model. This system and method forecast the price of a property in a first housing sub-market based on data related to a second housing sub-market. A price index is derived for the second housing sub-market, and an error correcting function is calculated for the first housing sub-market. The price index for the first housing sub-market is derived from the second sub-market price index and the error correcting function. An estimate of the price of the property in the first housing sub-market is then provided, which can serve as the basis for an economic decision.
Career Highlights
Throughout his career, Sol T Mumey has worked with prominent organizations such as the Federal Home Loan Mortgage Corporation and Freddie Mac. His experience in these institutions has enriched his understanding of the housing market and contributed to his innovative work.
Collaborations
Sol T Mumey has collaborated with various professionals in his field, including Douglas Alexander McManus. Their joint efforts have further advanced the methodologies used in housing price forecasting.
Conclusion
Sol T Mumey's contributions to the field of housing price forecasting demonstrate his innovative spirit and expertise. His patents provide valuable tools for understanding and predicting real estate market trends.