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Tag Archives: MDA DataQuick

DataQuick Launches New Web Site

DataQuick, a San Diego-based independent provider of real estate information, analysis, and solutions, recently launched a new Web site, Dataquick.com. According to a statement from the company, the site will ""better reflect the company's strengths, growing product lines, and presence online.""

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California’s New Foreclosures Fall to Lowest Level in Over Three Years

The number of California homes going into foreclosure dropped during the fourth quarter of 2010 to its lowest level in more than three years. According to San Diego-based DataQuick, 69,799 Notices of Default (NoDs) were recorded in the state during the three-month period, down 16.2 percent from the prior quarter and down 17.5 percent from a year earlier. California's priciest ZIP codes saw mortgage defaults rise slightly quarter-to-quarter, but defaults still remain much higher in lower-cost areas.

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California Home Sales Down 12 Percent from Last Year: Report

California continued to feel the housing slump in November with a 12.4 percent decrease in sales from last year, according to statistics from MDA DataQuick. An estimated 31,403 new and resale houses and condos were sold statewide last month -- down 3.9 percent from October. The median price paid for a home in California during the month of November was $255,000. Foreclosure sales made up 37.8 percent of the existing homes sold last month.

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MDA DataQuick Updates Property Research Tool for Distressed Sales

MDA DataQuick, one of the nation's largest independent providers of property data to real estate and mortgage professionals, recently updated PropertyFinder 2G, the company's property research tool. Changes include expanded property details on distressed sales transactions and more accurate tracking. The technology gives users access to a nationwide database of detailed property and ownership information, including property profiles, sales comparables, demographic information, and property history.

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Las Vegas Home Sales Drop Nearly 22% from Year-Ago Levels

The Las Vegas region experienced a dip in home sales and median sale price in October, according to new figures from MDA DataQuick. A total of 3,961 new and resale houses and condos sold in the Las Vegas-Paradise metro area in October, down 7.4 percent from September and down 21.8 percent from a year earlier. The overall median sale price for all new and resale houses and condos sold in the region dropped nearly 4 percent from a year ago to its lowest level in more than a decade.

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Phoenix Metro Area Home Sales Stagger in October

According to MDA DataQuick, which tracks real estate trends nationally via public property records, Phoenix-area home sales dropped to their lowest level for an October in 15 years. The decline is attributed to low new-home transactions, the slow economic recovery, and the market lull created by the homebuyer tax credits. A total of 6,903 new and resale houses and condos sold during October in the combined Maricopa-Pinal counties metropolitan area, down 6.2 percent from the month before and down 24.6 percent from a year earlier.

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TPG Capital Acquires MDA Lending Solutions

Private investment firm TPG Capital has acquired MDA Lending Solutions. The acquisition is part of a larger sale of MacDonald Dettwiler and Associates' property information business that netted MDA approximately $850 million. As part of the acquisition, TPG also obtains MDA DataQuick, MDA MindBox, and Marshall & Swift, a building cost data provider.

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Bay Area and SoCal Hit Hard in California’s Slipping Home Sales

July home sales in the state of California were down 19.9 percent from June and 21.9 percent from a year ago, MDA DataQuick reports. In the Bay Area, home sales for that month dropped sharply to their lowest level in 15 years, down 22.8 percent from July 2009. Southern California was also pummeled with its biggest year-over-year drop in more than two years, down 21.4 percent from 2009. On the positive end, the median price paid for a home last month in California was up 7.2 percent compared to a year ago.

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Miami Area Home Sales Jumped in June

Sales of Miami and surrounding area homes increased sharply in June, according to MDA DataQuick. During the month, 9,296 new and resale houses and condos closed escrow in the Miami-Dade, Palm Beach and Broward counties, up 18.3 percent from May and more than 20 percent higher than a year ago.

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