Items Tagged with 'RPX Corporation'

ARTICLES

  • Radar Logic Sees 'General Recovery' with Price Gains

    House prices in major local markets posted monthly gains stronger than seasonally expected. "The larger-than-average increase in home prices from April to May 2009 could indicate that seasonal price fluctuations do not fully account for the strength we are seeing in many areas and that seasonal gains are being augmented by a more general recovery in the housing market," Radar Logic says in its RPX monthly housing market report. Of 25 major metropolitan statistical areas (MSAs) tracked by Radar Logic, 22 -- or 88% -- posted month-over-month price gains in May.
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  • Foreclosed Properties Driving Home Sales: Report

    The latest data released late last week by Radar Logic, Inc., a New York-based real estate data and analytics company, make it pretty clear that so-called "motivated" home sales -- sales at foreclosure auction and sales of foreclosed properties by banks -- are now driving key real estate metrics in nearly all of the nation's major housing markets.
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  • Barclays Capital Signs Licensing Agreement with Radar Logic

    New York-based Radar Logic Incorporated said earlier this week that it had signed a license agreement with Barclays Capital, its seventh licensing agreement with major Wall Street firms. These agreements enable the initiation of trading in derivative instruments and financial products based on Radar Logic's Residential Property Index, commonly known as the RPX among mortgage/financial market participants.
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  • Radar Logic Rolls out Manhattan Home Price Indices

    Radar Logic Inc. said Tuesday morning that it had began publishing daily residential price indices for eight Manhattan neighborhoods: Upper West Side, the Upper East Side, Midtown/Clinton, Murray Hill/Gramercy, Chelsea/West Village, East Village/Lower East Side, SoHo/Tribeca and the Financial District. The indices are the first to track a locale at the neighborhood level, in HousingWire's view.
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  • Housing's Recovery Won't Arrive Until 2011: Report

    (Update 1: clarified that recovery estimate is not Radar Logic-generated) A report released Tuesday afternoon by property information firm Radar Logic Inc. suggests that borrowers may be waiting much longer than some have suggested to see recovery in much of the U.S. housing market. How long? Try 2011.
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  • RPX Sees Trading Volume Exceed One Billion Dollars

    Well, that didn't take long. In under one year, trading volume in the newly-formed Residential Property Index -- known simply as the RPX by most industry participants -- has passed the one billion dollar threshold. According to Radar Logic, Inc., the analytics firm whose data backs the RPX, flows represent positive two-way activity, and market participation thus far includes a variety of end users. The RPX bagan trading in late September of last year.
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  • A Tale of Two Housing Markets: There's REO, and Then There's Everything Else

    Proving that even within a single local housing market, sales trends can be more complex than they might otherwise seem, new data is suggesting that distressed assets can move housing markets -- when prevalent enough. A monthly housing report from real estate analytics firm Radar Logic Inc., released Monday morning, found that in March of this year, so-called motivated sales -- defined as liquidity-driven sales of real-estate owned and similar transactions -- had managed to split apart more than a few local markets.
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  • A Needle in a Haystack: Where's the Good News on Housing?

    There is plenty of bad news on housing, at least transactionally, right now -- prices are down, sales volume is down, inventories remain far too high. And that shouldn't be surprising, given that we're in the middle of one of the worst downcycles for real estate in our nation's history. A report released yesterday by real estate analytics firm RadarLogic highlighted continued problems for housing in January: out of 25 major MSAs studied, only two -- Charlotte, NC and New York -- remained in positive pricing territory on a yearly comparison basis.
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  • And the clue is A LOT

    How about "what is the size of price declines from the top so far?" We obtained a report from Tradition Financial Services, Inc. that definitely deserves some attention. The firm located high points in each major market and then calculated just how far prices have fallen since then.
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