Free press releases distribution network?

Agency / Source: Communications Strategy Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



IAS360 House Price Index-First Monthly View of Housing Price Trends Based on Neighborhood Level Data - Leading indicator’s April data shows bright spots in housing market
IAS360 House Price Index-First Monthly View of Housing Price Trends Based on Neighborhood Level Data

 

PRZOOM - /newswire/ - Denver, CO, United States, 2008/06/02 - Leading indicator’s April data shows bright spots in housing market.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Integrated Asset Services, LLC (IAS), a leader in default management and residential collateral valuation, today launched its highly anticipated, monthly-reported IAS360 House Price Index. The new Index represents the industry’s first clear representation of U.S. Housing market trends at a county level. In its first release, IAS360 House Price Index April data shows that while many areas of the country are still feeling the pinch of the credit crunch there are measurable improvements in some of the nation’s hardest-hit areas.

The new IAS360 House Price Index is a comprehensive housing index tracking monthly change in the median sales price of detached single-family residences in more than 15,000 “neighborhoods” across the U.S. This data is then rolled up to report on the changes in 360 counties, nine census divisions, four regions, and the nation overall. The timeliness of the data, which is based on all arms-length transactions occurring in underlying neighborhoods, makes the IAS360 the leading indicator for housing price trends in the U.S.

“Given the granularity, the methodology, and the timely monthly reporting of the IAS360, we are able to provide the market with early warning signs on housing price trends,” said David McCarthy, President and CEO of IAS. “When the housing markets are rosy, a 50,000 foot view may be acceptable. But when we are facing tumultuous markets, we need to go deeper to understand what is truly going on to make smart decisions.”

The IAS360 April data demonstrates the significance of this granular approach to housing price analysis. Data through the end of the month shows improvement in some of the most depressed areas of the country, even while others that have been somewhat sheltered from the credit crisis are just beginning to feel its impact (see chart below). On a national level, the housing picture is still challenging, with April year-over-year sales declining -9.72% overall; sales declined -1.82% on top of a .04% drop the previous month.

But at the same time, the picture at the regional level is far more encouraging--the Northeast and the Southern regions moved to the black in April while the Midwest region rebounded nicely with a 5.90% gain in median sales price. The Western region, meanwhile, was the hardest hit, witnessing a 5% drop in home sales in April coming off of a 5% increase the previous month

“The key is that the generalized view of the market being reported in the news today doesn’t paint the full picture for consumers and investors,” continued McCarthy. “The residential real estate market is a local phenomenon and it is important to analyze it as such. Looking at the more granular data provided by the IAS360 actually demonstrates pockets of opportunity.”

According to recently released data from S&P/Case-Shiller, Las Vegas continues to share the distinction of being one of the weakest markets over the past 12 months through February on a macro level. However, the IAS360 shows two months of consecutive improvement in housing prices in Las Vegas’ Clark County, one of the largest counties in Nevada.

Additionally, Arapahoe County in Colorado posted a 1.38% increase for the month of April, despite a year-over-year decline of -9.30%. During the same time period Riverside County, California and Maricopa County, Arizona have begun to show signs of leveling off after experiencing double-digit declines in year-over-year housing prices.

“The market is truly segmented at every level, the region, the county, and down to an individual neighborhood. An index that can truly show pricing at the neighborhood level for most of the nation is a very promising and timely development,” said Steve Murray, editor at Real Trends. “The IAS360 index is a significant step forward for those following the housing market.”

Moving forward, the new IAS360 House Price Index will be reported on a monthly basis. The next analysis covering housing trends from May data will be released during the first week of July.

IAS also provides “neighborhood” level house price trends through its iMVI product. More information on iMVI can be found on the IAS website, iasreo.com.

About Integrated Asset Services, LLC.
IAS (iasreo.com) is a privately-held Colorado-based corporation specializing in default mortgage services including valuation, reconciliation and full cycle REO disposition. The Company’s advanced valuation and volatility technology combined with its expert professional services help its clients reduce exposure while expediting the entire asset management process. Founded by REO industry experts, IAS provides services that go beyond industry expectations; from the level of integrity of its employees to the measurably better service it routinely provides. For more information, visit the company’s Website.

This press release contains various forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future results of operations and market opportunities that are based on InteliReal and IAS’ current expectations, assumptions, estimates and projections about the company and its industry. Investors are cautioned that actual results could differ materially from those anticipated by the forward-looking statements as a result of the success of IAS’ branding and consumer awareness campaign and other marketing efforts; competition from existing and potential competitors; and IAS’s ability to continue to develop and integrate new products, services and technologies.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Communications Strategy Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


IAS360 House Price Index-First Monthly View of Housing Price Trends Based on Neighborhood Level Data

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Dan Mahoney 
970-405-8060 dmahoney[.]csg-pr.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Communications Strategy Group securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Communications Strategy Group / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today