RENO, NV--(Marketwired - May 09, 2016) - May's Clear Capital Home Data Index (HDI) Market Report releases recent and granular data through April 2016, providing insights into housing price trends and other leading indices for the real estate market at the national and local levels.
While national growth as a whole is virtually unchanged, a sharp quarterly growth increase in the West is shaping up for yet another season of dominant performance in the region.
"Real estate market headlines have repeatedly documented the strong, potentially bubble-like recovery of the West over the past couple years, and this continued trend of performance doesn't appear to be going away just yet. However, it's important to remember just how varied the standing of each of these Western metro's recoveries remains. While the West as a whole has seen incredible performance since the lows of 2011, comparisons between individual markets like Denver and Las Vegas can be a sobering reminder of the devastating effects of the crash and that some markets still have a long way to go in terms of regaining lost value. Conversely, those markets that are reaching new market highs are worth keeping a close eye on since the speed at which those recoveries have occurred is clearly unsustainable in the long term," states Alex Villacorta, Ph.D., vice president of research and analytics at Clear Capital.
About the Clear Capital ® Home Data Index (HDI) Market Report
The Clear Capital HDI Market Report provides insights into market trends and other leading indices for the real estate market at the national and local levels. A critical difference in the value of the HDI Market Report is the capability of Clear Capital to provide more timely and granular reporting than nearly any other home price index provider.
The Clear Capital ® HDI Market Report
Clear Capital ® HDI Methodology
About Clear Capital ®
Clear Capital is a nationwide provider of real estate valuations, data and analytics, quality assurance services and technology solutions. The Company's customers include mortgage lenders, servicers, investors, GSEs, and Ratings Agencies. Clear Capital products include appraisals, broker price opinions, property condition inspections, value reconciliations, appraisal review and risk scoring, automated valuation models, home data indices, and platform solutions. The Company's innovative technology, experienced valuation experts, and a well-trained network of more than 40,000 field experts sets a new standard for accurate, up-to-date, and well documented valuation data and assessments. Morningstar Credit Rating issued Clear Capital its highest Residential Vendor Ranking -- MOR RV1. Clear Capital's home price data can be accessed on the Bloomberg Professional service by typing CLCA <GO>.
The information contained in this report is based on sources that are deemed to be reliable; however no representation or warranty is made as to the accuracy, completeness, or fitness for any particular purpose of any information contained herein. This report is not intended as investment advice, and should not be viewed as any guarantee of value, condition, or other attribute.
Top 30 MSAs April 2016
For your April 2016 file of the Top 30 MSAs, access our data on the Bloomberg Professional service by typing CLCA <GO> or contact us.
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Contact Information:
Brian Opsal
Vice President, Marketing
brian.opsal@clearcapital.com
Phone: 530.550.2546