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Tag Archives: Pro Teck

Metros Hit Hard by Recession Now Booming

affordability

A home value forecast for October shows the 10 metro areas with the hottest real estate markets in the U.S. today, and a key state hit hard by the Recession has seen a remarkable turn-around.

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How Foreclosures Impact the Nation’s Hottest Housing Markets

foreclosure

What separates Reno from Columbus? Foreclosure inventory, according to a study that used foreclosures as a percent of sales as a tie-breaker for comparing the sales and prices of homes in both these cities.

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How REO Sales Impact Home Prices

With markets across the country suffering from pronounced inventory shortages, it would seem that anything that puts more homes on the market would be a good thing. A new report by Pro Teck Valuation Services found delved into that thesis, ...

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Is It Hot in Here?

Ten years after the financial crisis, a new report shows many of the nation’s housing markets not only heating up, but hitting new highs.

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The Top 3 Single Family Home Markets to Follow

For the fifth consecutive month, the San Jose-Sunnyvale-Santa Clara, California CBSA is one of the best performing markets in the country, see what other markets topped the list . . .

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Inventory Drops Again, Seattle Hit Worst

Inventory has dropped yet again, declining 14 percent over last year and 25 percent since 2015. Seattle was hit the worst as far as inventory, coming in with a 1.75, the lowest Months Remaining Inventory index of all metros measured. An MRI between six and 10 indicates a balanced market.

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Home Value Report Indicates a Decrease in Foreclosures

According to Pro Teck, the top 10 core-based statistical areas that saw the largest home values also experienced a decline in foreclosures ratio, with all but two of the 10 CBSAs seeing a double-digit percent decrease.

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What Does a More Localized Look at Housing Metros Reveal?

The top and bottom core-based statistical areas (CBSAs) are out for September. Not all trends experienced in the CBSAs are reflective of what's occurring in the markets on a more localized scale, though.

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Why is Miami Ranked Among Weakest Markets?

Seeing Miami, commonly perceived as flourishing, in the bottom tier of home value rankings may surprise market watchers. What factors contributed to Miami's placement on Pro Teck's "Top 10 Weakest Markets" in August, and what other cities gained this dubious honor?

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