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Tag Archives: Collateral Analytics

Improving the Appraisal Process to Minimize Risks: Report

Appraisals may assign a home with one exact specific value, but in reality, a home's value tends to fall into a price range due to a number of different factors, according to a Home Value Forecast report released by Pro Teck Valuation Services and Collateral Analytics. To address this issue, Home Value Forecast suggests establishing a range of value in addition to an appraisal and improving data to support market condition conclusions.

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Report: Sacramento Showing Signs of Market Rebound

A new report suggests that Sacramento, California may follow Phoenix as the next hard-hit metro to rise out of the ashes. Pro Teck Valuation Services released its August Home Value Forecast Update, putting a focus on which of the hardest hit metros might bounce back and become investment or home purchasing opportunities. According to the report, market-based indicators suggest that Sacramento might be ""the next Phoenix,"" referring to the hard-hit Arizona metro that has seen dramatic improvement this year.

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Market Report Shows Positive Trend but Weak Market Conditions

HomeValueForecast.com released a report on housing market trends, which highlighted two main findings: most Core Based Statistical Areas (CBSAs) are in the weak or soft category, but the majority of CBSAs had more positive than negative market trends. The ranking was developed based on single family home markets in the top 200 CBSA. Market indicators include average active market time, average listing price, and number of foreclosure sales. The market trend indicators are forward-looking, and so having more positive indicators forecasts improving conditions in a high percentage of the CBSAs.

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Pro Teck and Collateral Analytics Localize Home Value Forecasts

Pro Teck Valuation Services and Collateral Analytics have teamed up to launch Home Value Forecast (HVF). The inaugural edition of the monthly HVF was released Monday. The two partnering companies describe it as bringing ""a unique perspective on the U.S. housing market."" The goal of the new forecasting solution is to highlight the fact that all real estate is local. HVF employs a unique ranking system for the largest metros to highlight the best and worst markets with regard to a number of real estate indicators.

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Collateral Analytics, Valuation Partners Team Up for ‘Hybrid’ Solutions

Collateral Analytics, a provider of automated valuation models (AVMs) and real estate analytic tools for the mortgage lending industry, and Valuation Partners, a national real estate valuations provider, recently announced a partnership venture. The move will improve Valuation Partners' current hybrid valuation solutions, according to a statement from the companies.

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Pro Teck Valuation Services Partners with Collateral Analytics

Pro Teck Valuation Services, a national provider of residential real estate valuations, recently partnered with Collateral Analytics to offer a suite of real estate analytic products and automated valuation models (AVMs) to Pro Teck customers. According to the two companies, the combination brings a strategic blend of data, analytics, and valuation expertise to today's mortgage and residential real estate markets.

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