RENO, NV--(Marketwired - April 21, 2017) -
Western growth is on the rise as the Spring buying season begins to take shape, and a nationwide trend of decreasing distressed saturation rates indicates that the housing market is at its healthiest state since the crash in 2008.
"Growth in the West is beginning to pick up as Spring buyers start to enter the market early, boosting price growth in the region, but other areas of the country don't seem to have thawed out from the cold winter season just yet," states Allison Whealton, Senior Economic Analyst for Clear Capital. "It has been an impressive start to 2017 for the housing market. Nationally, home prices have increased twice as fast in Q1 2017 as they had in Q1 2016, and with the typical Spring buying season just on the horizon, the next few months could be shaping up to be an impressive start to the busiest buying season."
Top 30 MSAs March 2017
The March 2017 file of the Top 30 MSAs is available by accessing our data on the Bloomberg Professional service by typing CLCA <GO> or by contacting:
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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.
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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 30,000 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.
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