Items Tagged with 'Radar Logic Inc.'

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  • A Look at Both Sides of the Argument over US Housing

    The principal argument of those who expect home prices to improve steadily is that home prices have already fallen significantly from their peaks and homes are now affordable to a large group of prospective buyers. The decline in home prices over the last 3-4 years has released "pent-up demand" for housing that is more than sufficient to absorb the homes brought to market while keeping housing prices at current levels.
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  • Demand for Distressed Property Props Up Sales Volume

    Sales declines in 25 major metropolitan housing markets slowed during January, as the number of "motivated" sales transactions continued to drive sales volume in many of the nation's larger housing markets -- the result is that sales volume declined 6 percent year-over-year in January, compared to a 36 percent decline in the same period one year earlier.
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  • Home Sales Rise With Foreclosures: Report

    So-called "motivated sales," or foreclosures, drove a 7 percent increase in home sales across the nation in December, according to data released Wednesday by Radar Logic Inc., a New York-based real estate data and analytics company.
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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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  • For Housing, an October to Forget

    Housing markets in key major metropolitan areas endured their worst Oct. in at least eight years -- and perhaps longer, as the number of distressed property sales managed to push recorded home prices downward further and a number of key MSAs saw sales volume drop sharply. According to a report from New York-based real estate data and analytics firm Radar Logic, Inc., released Tuesday morning, home prices and sales volumes decreased more in Oct. 2008 than in any other Oct. since the company's data set began in Jan. 2000.
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  • Seasonal Weakness Drives Down September Home Prices

    (Update 1 clarifies Radar Logic Inc.'s company status as unaffiliated with First American Corp.) Home prices continued to fall in local markets across the nation in September, according to a monthly Housing Market Report released Monday by New York-based Radar Logic Inc. Seasonal trends, distressed-sale discounts and a generally weak market were said to have driven the declines in 23 of the 25 Metropolitan Statistical Areas (MSAs) Radar Logic tracks.
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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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