Category Archives: Real Estate

Platinum Data Named to HousingWire’s HW TECH100 for Third Consecutive Year

valuation data and analytics

ALISO VIEJO, Calif., March 1, 2016 (SEND2PRESS NEWSWIRE) -- Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's HW TECH100(TM) list for the third year of the three year old awards program.

The HW TECH100(TM) highlights the housing economy's top 100 technology innovators. According to the publication, the number of applicants for the 2016 awards increased significantly from previous years.

Platinum Data, whose technologies include RealView(R) appraisal quality and compliance technology, OptiVal(R) AVM suitability testing technology, and Collateral Expert(R), an address-driven property data technology, was recognized for innovation in two key areas:
* Appraisal quality and compliance
* Valuation data and analytics.

Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.

"Innovation is at the core of our goals for this year and into the next," said Huff. "Appraisal and valuation accuracy and quality are a major focus in the industry right now, so there's a huge need for the type of solutions we have innovated and will continue to innovate. It's so validating for a publication as respected as HousingWire to endorse our contributions to the industry."

Since he joined the company, Platinum has launched the industry's first free appraisal review technologies specifically for appraisers; released the industry's first user-controlled customization function in an appraisal technology; introduced the industry's only pay-as-you go AVM compliance program; created the industry's only independent peer comparison feature for identifying appraiser-to-appraiser property description discrepancies; secured over 70 new lender clients; and much more.

"The companies in the HW TECH100 are providing innovative solutions to the traditionally hide-bound mortgage finance industry," said HousingWire Editor-in-Chief Jacob Gaffney. "In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry."

Platinum Data's online platform and analytical tools are used to protect the country's top 10 mortgage lenders, and are integrated with nine of the top 10 appraisal management systems.

ABOUT PLATINUM DATA SOLUTIONS:

Platinum Data Solutions provides valuation data and analytics technologies that help mortgage lenders, servicers, investors, AMCs and their vendors value collateral, identify potential collateral weaknesses and manage collateral risk. The company's online platform and analytical tools protect the country's top 10 mortgage lenders and help hundreds of companies to perform due diligence and prevent collateral-based loss. Each year, Platinum Data protects billions of dollars in assets across the U.S. against collateral-based non-compliance, buybacks and other risks.

The company's RealView system pioneered computer-assisted appraisal underwriting. Its valuation analytics channel provides the industry's only turnkey services that assure the responsible use of AVMs. Platinum Data Solutions is based in Aliso Viejo, California and was founded in 2002.

For more information, visit http://www.platdata.com/, follow @Platinum_Data or email info@PlatinumData.com.

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/platinum-data-named-to-housingwire-hw-tech100-for-third-consecutive-year-2016-0301-03.shtml.

NEWS SOURCE Platinum Data Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

John Cannon Homes Awarded First Place as Best Residential Builder Again, for 24th Consecutive Year

Showcase Home The Miah

SARASOTA, Fla., Feb. 29, 2016 (SEND2PRESS NEWSWIRE) -- The Reader's Choice Awards, an annual event presented by the Sarasota Herald-Tribune, was held last Thursday evening. John Cannon Homes once again received the first place award for Best Residential Builder in both Sarasota and Manatee Counties for the 24th consecutive year.

"We have won hundreds of design and building awards in our time," John Cannon, CEO and president, said, "but this one from our community is the most personal for me. There are many builders in southwest Florida - and we all are proud of our work - but to be recognized by the community, and be awarded 'best of the best' year after year, is one of the highest honors we are proud to accept."

John Cannon, along with business partner and wife Phillipa, began building homes in the Preserve at Misty Creek and Plantation Golf & Country Club in the late 1980s. In 1995, John Cannon Homes became one of the original approved builders in Lakewood Ranch in southeastern Manatee County; 21 years later, his award-winning custom homes can be found throughout the villages and communities of this master planned community.

Of the five new models slated for 2016-2017, two will be built in Lakewood Ranch: The Akarra IV, in The Vineyards at The Lake Club and The Talia, in Seacroft at Country Club East. The Islands on the Manatee River will be home to The Corindi, and The Victoria, will be built at The Concession, a luxury, gated 1,200-acre community featuring an exquisite golf course designed by Jack Nicklaus and Tony Jacklin. The Ellora will be built in the brand-new development, Indian Lakes, located east of I-75 on Fruitville Road in Sarasota. The models, range in size from 3,376 to 5,193 sq. ft.

In addition to building stunning residential homes in planned communities, John Cannon has a solid reputation for on-your-lot building having built over 350 waterfront homes on client-owned lots throughout southwest Florida. One of Cannon's newest projects, his "Siesta Enclave," near Siesta Key, will be home to only eight luxury custom residences; home and lot packages are available now starting at $1 million.

Clients and residents also give him high marks for respecting the traditions and environment of established neighborhoods. The Miah, a 4,225 sq. ft. Showcase home opened recently in the sought-after "west of the Trail" area of Sarasota. One of the first things a visitor to this stylish Spanish Revival experiences is how it complements the existing surrounding homes while Cannon has updated the design style to be contemporary and sophisticated.

John Cannon Homes continues to build on his reputation for excellence in customer service with a high-end interactive experience in a newly expanded design center. Clients are able to sit down with professional staff and touch, see and feel materials they can choose for their custom homes. Along with competitive pricing and attention to detail, and first-class reputation for excellence in design and building, the readers of the Sarasota Herald-Tribune in both Sarasota and Manatee counties have signaled their resounding approval, now for 24 consecutive years.

For more information, visit: http://www.johncannonhomes.com/.

(Editorial Note: Correct spelling is Phillipa Cannon.)

MEDIA CONTACT:
For additional information, please contact:
Nancy Hielscher, 941-361-1303 or nhielscher@johncannonhomes.com

John Cannon Homes, 6710 Professional Parkway West, Sarasota, FL 34240.

*VIDEO: John Cannon Homes, The Miah - https://youtu.be/SCs9XgohHaY

*PHOTO for media: Send2Press.com/mediaboom/16-0229-jcannon-miah-300dpi.jpg

*Photo Caption: John Cannon Homes Showcase Home, The Miah, Sarasota, Fla.

Twitter: @JCannonHomes

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NEWS SOURCE John Cannon Homes :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Malakai Sparks Group Soars to Top of Huntington Beach Real Estate

Huntington Beach real estate

HUNTINGTON BEACH, Calif., Feb. 29, 2016 (SEND2PRESS NEWSWIRE) -- When it came to selling real estate in Huntington Beach in 2015, nobody did it better than the Malakai Sparks Group. As the top team at Coldwell Banker in Huntington Beach, Malakai and his associates constantly set one record after another. Always setting new price records in the areas in which they sold, the Malakai Sparks Group knows what it takes to sell a property quickly and at the best possible price.

Using a variety of the latest technology, the Malakai Sparks Group stood head and shoulders above the competition. With its ability to use technology in ways no other agents have done to this point, Malakai and the team have proven time and time again they are the foremost real estate team in Huntington Beach and the surrounding area. As proof of this, they broke the top sales record in Huntington Beach for the most expensive sale ever made.

While others failed at negotiating a sale for the property at 1818 Lake Street in Huntington Beach, the Malakai Sparks Group took on the challenge and knew they could make it happen. And happen it did, with the group representing both the buyer and the seller. Even though they were constantly told this was one property that simply could not be sold, Malakai and the team persevered. After demonstrating determination, patience, and their unique insight into the Huntington Beach real estate market, the group successfully sold the property at one of the highest prices per square foot ever for a house on Lake Street.

"Winning this award has been the greatest achievement in my career so far. We are doing things with technology that nobody else is doing, and that's why our results are so fantastic. I'm so happy and thankful for our clients this past year that allowed us to help them," said Mr. Malakai Sparks.

The Malakai Sparks Group will continue to build on that success going into 2016 and look to build a strong name within the luxury real estate industry in and around Orange County. New marketing strategies and client services are coming out first quarter 2016 and they should propel the group's success to new heights in the coming year.

If you're looking for a real estate team that knows how to deliver results, don't hesitate to contact the Malakai Sparks Group at Coldwell Banker in Huntington Beach. Patient, persistent, and professional every step of the way, they'll get you the results you want and need.

The Malakai Sparks Group: http://malakaisparks.com/ .

*LOGO for media: Send2Press.com/mediaboom/16-0224-malakai-sparks-300dpi.jpg

MEDIA CONTACT:
Ryan Clark
Luxury Branded
ryan@luxurybranded.com
604-710-2651

Twitter: @MalakaiSparks

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/malakai-sparks-group-soars-to-top-of-huntington-beach-real-estate-2016-0229-02.shtml.

NEWS SOURCE Malakai Sparks Group :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

IDS Celebrates 30th Anniversary in 2016

mortgage documents and compliance

SALT LAKE CITY, Utah, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business this year. The company plans to celebrate with various promotions and events throughout the year.

"Given the twists and turns the mortgage industry has taken since 1986, we feel truly honored to have served this industry for 30 years," Mark Mackey, CEO of IDS, said. "The theme IDS has chosen to mark this occasion, '30, Sturdy, and Thriving' speaks to both the company's longevity in the mortgage industry and the continued growth we've achieved over the past few years despite market downturns and regulatory challenges."

Major IDS milestones over its 30 years in business include:

* 1986 - IDS, Inc. was founded
* 1994 - Overnight Fax Request Fulfillment
* 1995 - Requests Sent out by Modem
* 1996 - Emailing options for doc delivery
* 1998 - Implementation of the compliance audit system in idsDoc
* 2000 - idsDoc moves to the Web
* 2004 - High-cost checks for all 50 states
* 2009 - Introduction of initial disclosures to idsDoc; addition of in-house fulfillment
* 2011 - Release of eSign platform; RESPA reform implementation
* 2015 - TRID implementation; acquisition by Reynolds & Reynolds.

In keeping with the company philosophy, Mackey added, IDS is giving back to its customers for their 30 years of support by offering rewards, such as gift cards, for participating in various promotions throughout the year.

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms.

The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

More information: http://info.idsdoc.com/ .

Twitter: @idsDoc #mortgage #docprep #compliance

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/ids-celebrates-30th-anniversary-2016-0225-03.shtml.

NEWS SOURCE International Document Services, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup

Nancy G. Pratt

PLANO, Texas, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) -- Nancy G. Pratt, vice president of Partner Strategies & Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization's Winter Summit in January. The eMortgage Workgroup develops voluntary technical standards and business and technical guidance for the advancement of electronic mortgages and paperless technology in the mortgage industry and also provides general education about the legal framework for the use of eMortgages and related standards.

"I'm elated to serve as part of the MISMO leadership. I've been active with MISMO for quite some time, so when the opportunity to co-chair a group that aligns so well with my endeavor to implement widespread eClosings, I jumped at the chance," Pratt said.

Current projects for the eMortgage Workgroup include an Implementation Guide for SMART Docs(R), a report on warehouse lender interests and concerns with eNotes, and an eMortgage Glossary.

"We have high expectations of everything that we can accomplish with this group and have strict objectives set to ensure that we achieve everything we set forth at the Winter Summit," Pratt added.

Pratt has been in the mortgage/title industry for over 32 years and has over 12 years of experience specifically in the eMortgage/eClosing space. Highlights of her career include industry milestones of performing the first complete eMortgage with lenders and conducting the first ever FHA and VA eClosings.

She has been invited to speak at various Industry Conventions as an eClosing/eMortgage subject expert and is a member of the ALTA Government Affairs, Public Relations, State Regulatory Action and Technology Committee. Pratt is also a member of the MBA MISMO Residential Technology Committee. She is a member of PRIA, MBA, MISMO, ESRA, RESPRO, National eNotarization Board and served on the eMortgage FNMA Innovation Team.

At Pavaso, Pratt manages the firm's strategic partnerships and is responsible in maintaining relationships at the federal and state level, as well as understanding key regulatory issues and laws that pertain to the operations of Pavaso.

About Pavaso:

Pavaso is redefining real estate for the real world by connecting everyone in the real estate lifecycle through powerfully simple innovation. For more information on how our platform and solutions can help you meet TILA-RESPA compliance, digitally transform your organization, and dramatically enhance the consumer experience, call 866-288-7051 or visit http://www.pavaso.com/.

*PHOTO for media: Send2Press.com/mediaboom/16-0225-Nancy-Pratt-300dpi.jpg

*Photo Caption: Nancy Pratt to Co-Chair MISMO Workgroup.

Twitter: @Pavasotweets

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/pavaso-s-vice-president-of-partner-strategies-and-government-affairs-elected-to-co-chair-mismo-workgroup-2016-0225-02.shtml.

NEWS SOURCE Pavaso, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Titan Offers Trade Transaction Management Services to Mortgage Investors

Mortgage services

DENVER, Colo., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage services expert Titan Lenders Corp. (Titan) announced it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.

After the investor has opened the bid and issued a Letter of Intent (LOI)/Trade Confirmation, Titan manages the due diligence activity on the loans, scrubs and remediates exceptions related to data and documents, conducts a collateral review, and when possible, works with the seller to cure issues.

"The process of determining the risk of a seasoned loan is quite different from conducting analysis on a freshly originated loan," said Mary Kladde, CEO of Titan. "For investors to accurately gauge risk a loan poses in its current life stage requires an innate understanding of the mortgage process, the underlying data associated with the loan file and the compliance vintage of the loan originated, which has always been Titan's forte."

"In most cases, large investment firms have the capital, but they lack the in-house knowledge or expertise in mortgage asset analysis," said Ruth Lee, CSO and executive vice president at Titan. "Titan offers a turnkey solution to this problem with a software platform and a team of mortgage professionals that are able to steward a trade from initiation to completion."

For more information on Titan's Trade Transaction Management and Servicing Transfer Management services, contact sales@titanlenderscorp.com.

About Titan Lenders Corp.:

Denver-based Titan Lenders Corp. ( http://www.TitanLendersCorp.com/ ) was originally founded to meet the mortgage industry's increasing appetite for a variable cost solution to operational challenges. Today, that mission has expanded to include supporting strategic channel growth for lenders, servicers and investors evolving their businesses in an increasingly complex regulatory environment. As such, Titan's core offerings have expanded to include MERS audit services, data reconciliation, document custody and whole loan purchase review.

Twitter: @TitanLenders #Mortgage

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/titan-offers-trade-transaction-management-services-to-mortgage-investors-2016-0119-04.shtml.

NEWS SOURCE Titan Lenders Corp. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Real Estate Investment Firm Turns Tidy Profit in One Year

real estate investment

LOS ANGELES, Calif., Jan. 6, 2016 (SEND2PRESS NEWSWIRE) -- Carolwood Equities, a privately-held, fully-integrated real estate investment company, just closed a deal for an impressive return and the firm's founders, Andrew Shanfeld and Adam Rubin, partners, say it's just the beginning.

One year ago, they, along with a group of investors purchased a 56-unit apartment complex in Charlotte, N.C. The firm just sold the property, yielding an impressive 81 percent return.

"Andrew and I met in high school, but then went to different colleges," Rubin says. "After college, we re-connected in New York City and put the plans in motion for Carolwood Equities. We'd talked about it for years and our first deal was a great success."

These two 23-year old principals are no strangers to the business world. Rubin is the son of Nathan Rubin, a Los Angeles cardiologist and principal of parking conglomerate the L & R Group of companies which operates under the name Joe's Auto Parks in downtown Los Angeles and Wally Park, a national airport parking operator. Shanfeld's father is also a prominent real estate investor in West Los Angeles.

When the partners and their investors purchased the Charlotte apartment complex, it was in disrepair. With the help of Rra Shannon, the onsite property manager, the interiors were completely renovated; they put in new landscaping, installed a security system and re-branded the property which included changing the name from Bent-Oaks to Dewberry Townhomes.

"Rra oversaw the whole transition and was instrumental in seeing this project through to its successful conclusion," Rubin says.

By researching these markets, stressing selectivity rather than volume and thriving in complex situations, Carolwood Equities will continue to deliver unusually high returns at minimal risk to its limited partners. The company's proven ability to both accurately underwrite transactions and implement management strategies allows the firm to yield strong risk adjusted returns to its investors.

"We make good investments," Rubin says. "We're young, we provide quick turnaround times and impressive IRRs."

For more information: http://www.CarolwoodEquities.com/ .

About Carolwood Equities:

Carolwood Equities was formed in 2012. All start-up money was raised from outside investors. The firm's objective is to acquire a diverse portfolio of investment-grade assets ripe for repositioning through tailored renovation, attractive financing and focused management. Los Angeles-based, the firm also operates offices in New York City and Charlotte, N.C.

TWITTER: @carolwoodequity - https://twitter.com/carolwoodequity

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/real-estate-investment-firm-turns-tidy-profit-in-one-year-2016-0106-01.shtml.

NEWS SOURCE Carolwood Equities :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

Mid America Mortgage Seeks TRID Scratch and Dent Mortgage Loans for Potential Purchase

TRID loans

ADDISON, Texas, Dec. 22, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm's interest in purchasing Scratch & Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.

"With TRID now in effect for two months, loans with the new disclosures have begun making their way to investors and been rejected for purchase due to minor TRID infractions to more significant errors. It is to be expected, with a change this voluminous, to have errors during the first months of loans," Bode explained. "While the industry has diligently striven to have systems in place, training delivered, and testing fully vetted, errors cannot be completely avoided."

"Mid America feels confident in its ability to cure these defects while providing lenders with an outlet for investor-rejected TRID loans," he added.

Examples of defects include:
* Disclosure timing outside of required timelines
* Missing NMLS information
* Missing real estate broker information
* Extraneous logos on the Loan Estimate (LE) or Closing Disclosure (CD)
* Title fees missing and/or not including "Title" before the fee name
* CD showing property address as borrower current address on a purchase.

To have your loan with TRID infractions considered for purchase by Mid America Mortgage, contact Richard Glover, managing director of whole loan sales, at 817-735-1071 or richard.glover@midamericamortgage.com.

About Mid America:
Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

*LOGO for media: Send2Press.com/mediaboom/15-1209-mid-america-300dpi.jpg

Twitter: @midamericamtge #TRID

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-seeks-trid-scratch-and-dent-mortgage-loans-for-potential-purchase-2015-1222-01.shtml.

NEWS SOURCE Mid America Mortgage, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

ReverseVision Offers Lenders and REALTORS a Reverse Mortgage Education Track at Jan. 2016 User Conference in San Diego

Reverse Mortgage Facts

SAN DIEGO, Calif., Dec. 21, 2015 (SEND2PRESS NEWSWIRE) -- ReverseVision, Inc. (www.reversevision.com), today announced that mortgage lenders, bankers and REALTORS(R) interested in learning why offering reverse mortgages in their lending portfolio allows them to better serve consumers are invited to attend a "Reverse Mortgage Facts" track at its inaugural User Conference 2016 in San Diego January 20 - 22 at the Sheraton San Diego Hotel & Marina.

For ReverseVision RV Exchange(TM) users, User Con 2016 will feature general sessions and career tracks for reverse mortgage executives, loan officers, account executives, and administrators. The event will also feature sessions focused on forging relationships with Financial Planners, advertising and the CFPB, how TRID has impacted the reverse industry and more.

The "Reverse Mortgage Facts" track is an opportunity for both mortgage lenders and REALTORS to learn how HECM loans can be a safe, secure option for building their business by responsibly serving consumers in retirement or considering retirement lifestyle options. Included in the track will be an overview of the Home Equity Conversion Mortgage (HECM), the most common reverse mortgage product, created during the Reagan Administration and significantly restructured in the last two years. In addition, attendees will learn how reverse mortgages can help meet the needs of consumers by serving them where they are in life and retain them-and possibly their children-as "customers for life." Leading financial planners will explain HECMs as a valuable retirement tool and demonstrate the ability to accurately model cash flow scenarios that show retirees the best possible outcome for their financial future.

"If you are in the business of helping consumers make well-rounded decisions about how they buy a home or leverage home equity work after age 62, you need to learn from experts how reverse mortgages really work and impact the lives of consumers," said Wendy Peel, VP of Sales & Marketing at ReverseVision. "Since the HECM was created to serve this demographic in a specific way by allowing the home equity asset to be properly leveraged in retirement, it is important to be able to accurately discuss the option with consumers."

As home values continue to recover and interest rates rise in 2016, homeowners can once again be expected to factor home equity options in their financial decision making. Lenders, banks, credit unions and REALTORS will be able to improve their mortgage loan customer service and competitiveness by investing in education on home equity product options.

Early registration for "Reverse Mortgage Facts" is $249 until December 31, 2015.

To learn more about ReverseVision User Con 2016, visit the event website and to check-out this newly added track's schedule click on the blue "Reverse Mortgage Facts Track" button: http://www.reversevision.com/rv-user-con/ .

About ReverseVision:

Recognized as a Deloitte's 2015 Technology Fast 500(TM) Company, ReverseVision, Inc. ( http://reversevision.com/ ) is the leading software and technology provider for the reverse mortgage industry offering products and services focused exclusively on reverse mortgages. More reverse mortgages are originated monthly using ReverseVision's RV Exchange platform than all other systems combined. ReverseVision has partnered with some of the finest and fastest growing lending organizations in the U.S. to provide the leading reverse mortgage technology to brokers, correspondents, lenders and investors. ReverseVision is recognized as a driving innovator in the reverse mortgage industry. ReverseVision continues to improve their software with frequent new innovations building on pioneering capabilities in reverse mortgage interactive graphs, scenario analysis, multi-environment performance analysis and workflow in the origination process.

Twitter: @ReverseVision #HECM #reversemortgage #realtors

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/reversevision-offers-lenders-and-realtors-a-reverse-mortgage-education-track-at-jan-20-22-2016-user-conference-in-san-diego-2015-1221-02.shtml.

NEWS SOURCE ReverseVision, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Mid America Mortgage Offers Marketing Tools to Partners through Mid America Concierge Service

Mid America Concierge

ADDISON, Texas, Dec. 9, 2015 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has developed Mid America Concierge, an online marketing support portal for its strategic business partners, including real estate agents and brokers.

The portal provides Mid America's partners with access to marketing and promotional materials, in addition to services for lead generation, social media marketing, customer relationship management (CRM) and more.

"Mid America's partners are a critical component to our success," Bode said. "Whether its using Mid America's affiliated LOS Mortgage Machine or the best-of-breed services available through Mid America Concierge, we want to ensure our partners have the absolute best technology and services available to execute at the highest level possible."

To make the available services more affordable, Mid America offers incentives for partners to promote their work with Mid America through credits and discounts for services on the site.

"Providing value, whether its to borrowers or our partners, is one of the cornerstones of Mid America's philosophy, and we want to make it both easy and beneficial for our partners to access the services available through Mid America Concierge," Bode added. "Something as simple as taking a photo at closing can translate into big savings on services, which helps our partners grow their business while supporting Mid America. It's truly a win-win for everyone."

To learn more about Mid America Concierge, visit http://www.midamericaconcierge.com/.

About Mid America:

Additional information about Mid America Mortgage, Inc. can be found on the company's website at http://www.midamericamortgage.com/about/.

Twitter: @midamericamtge

*LOGO for media: Send2Press.com/mediaboom/15-1209-mid-america-300dpi.jpg

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mid-america-mortgage-offers-marketing-tools-to-partners-through-mid-america-concierge-service-2015-1209-03.shtml.

NEWS SOURCE Mid America Mortgage, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Arkansas Mortgage Banker of The Year Announced at Fall Conference

Asa Hutchinson

LITTLE ROCK, Ark., Nov. 24, 2015 (SEND2PRESS NEWSWIRE) -- The Mortgage Bankers Association of Arkansas (MBAA) kicked off its annual Fall Conference with a dinner at the Little Rocks Arts Center. Arkansas Governor, Asa Hutchinson welcomed the crowd of over 100 attendees.

The top 5 nominees for the Mortgage Banker of the Year were: Keith Smith of Regions Bank, Gene Holman of Bank of the Ozarks, Mike Milner of First Security Mortgage, Tricia Depeel of First Western Mortgage, and Mark Rydel of First Security Bank.

The award went to Mike Milner. Mr. Milner is the Senior Vice President at First Security Mortgage in charge of mortgage originations statewide. Mr. Milner is a former President of MBAA and served on its board for many years. He has served locally on the board of the Faulkner County Home Builders Association and as an active associate supporter of the Faulkner County Board of REALTORS.

Incorporated in 1959, the MBAA's objective is to encourage sound business practices in the making, marketing and servicing of real estate mortgage loans. This is accomplished through: educating and training industry professionals; providing networking opportunities: developing open and fair standards and practices for the industry; and representing the industry's voice on legislative and regulatory issues.

If you would like more information about the MBAA, please visit: http://www.arkansasmba.org/.

* Photo Caption: Ryan Atkins, MBAA President - Governor Asa Hutchinson - Bucky Houser, MBAA Vice President

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mortgage-bankers-association-of-arkansas-mortgage-banker-of-the-year-announced-at-fall-conference-2015-1124-06.shtml.

NEWS SOURCE Mortgage Bankers Association of Arkansas :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

MLSListings Inc and New Homes Navigator Offer New Tool to Expand Home Search in Tight Market

new construction inventory

SUNNYVALE, Calif., Nov. 11, 2015 (SEND2PRESS NEWSWIRE) -- MLSListings today became the first multiple listing service in California to offer New Homes Navigator - a first of its kind service that connects real estate professionals with new construction inventory for their clients' home search.

In this time of extremely limited inventory in California, MLSListings brokers and agents can better help clients realize their dreams of homeownership beyond existing homes. Real estate professionals will be able to provide buyers with a comprehensive new home construction search tool, as well as an exciting mobile and interactive buying experience.

"Data indicates that nearly 20 percent of home buyers are only looking for newly-built homes. Couple that with the 88 percent of shoppers who use a REALTOR to assist with their home purchase and it's a win-win situation - both for our subscribers and for consumers who rely on all of us for timely and accurate real estate information," said James Harrison, president and CEO, MLSListings. "MLSListings is proud to join New Homes Navigator to launch this market-forward solution to confront our current market challenges."

"According to a recent California Association of REALTORS survey, the number one item buyers would change about working with an agent would be that they have better knowledge of the markets," said Jonathan Wilhelm, director, New Homes Navigator. New Homes Navigator gives agents and their buyers just that, with a comprehensive and easy to use new construction portal. "Since more than 50 percent of buyers are in the market for a new construction home, we're putting a powerful tool into the hands of MLSListings brokers and agents."

The New Homes Navigator database is continually updated with information on new home communities throughout California.

About New Homes Navigator:

New Homes Navigator provides real estate professionals with their own new construction search engine - a digital tool that can significantly improve communications with their clients about additional inventory not found on an MLS. Agents who know about more homes for sale during the home buying process can stay more connected to clients and help them find that perfect home faster. With more insight and visibility, agents can help ensure a more seamless home buying experience for their clients. For more information, visit: http://www.newhomesnavigator.com/.

About MLSListings:

MLSListings Inc. is recognized as a premier multiple listing service in the nation. Based in the heart of Silicon Valley and specializing in Monterey, San Benito, Santa Clara, Santa Cruz, and San Mateo counties, MLSListings provides real estate professionals and consumers with accurate data that is updated every five minutes. Facilitating more than $70 billion in annual real estate activity, the MLSListings platform is the intersection of comprehensive real estate data and the transaction for the Northern California marketplace. Learn more at: http://www.mlslistings.com/.

Twitter: @NewHomesNav @mlslistingsinc

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/mlslistings-inc-and-new-homes-navigator-offer-new-tool-to-expand-home-search-in-tight-market-2015-1111-01.shtml.

NEWS SOURCE New Homes Navigator :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Veros Home Valuation Annual Forecast is Strongest in More Than Two Years

VeroFORECAST

SANTA ANA, Calif., Oct. 15, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today reports that residential market values will continue in a positive trajectory over the next 12 months, with overall annual appreciation rising to +3.6% from its Q2 forecast of 3.1%. The number of markets expected to increase in value is up to 94% from last quarter's 90%.

This is the strongest forecast appreciation that has been seen in nearly two years.

This insight comes from the company's most recent VeroFORECAST, a quarterly national real estate market forecast that combines multiple complex modeling strategies along with aggregated housing price index (HPI) data. The forecast modeling is used to project market price changes for the next two years, and discloses its findings for the12-month period ending September 1, 2016.

"Our Q3 VeroFORECAST continues to show strength for the next year increasing from last quarter's update," says Eric Fox, vice president of Statistical and Economic Modeling at Veros. "The top forecast markets continue to show double-digit appreciation. Top performing markets continue to confine themselves to California, Colorado, Florida, Washington, and Oregon. Florida is making a bit of a comeback and is buoyed by international buyers in many markets. Several Texas markets such as Dallas and Austin are still forecast to do well although there is definitely some weakening in markets impacted by the oil and gas industry such as Houston, Midland, and Odessa."

Low housing supply, an influx of population, and low unemployment rates continue to be common characteristics of the top forecast performing markets.

Although the next 12 months look to be strong and improving for the residential house price market, the longer time horizon is showing a bit of weakness. Fox continues, "Although the overall forecast is a strong +3.6% for the next 12 months, is softens significantly to +2.1% for months 13 to 24 in our forecast. The primary driver for this weakening is suspected tightening that the Fed will be doing which will likely cause mortgage interest rates to begin ticking upward. We don't see dramatic increases in interest rates. However, even a 25- or 50-basis point increase would be enough to cause consumers at the margin to drop out of the market to purchase a home, which will cause some softening overall. While we do see softening in the long-term, the overall market is still expected to appreciate. We don't see a repeat of the last downturn in 2007."

The weakest markets are again primarily in the Eastern part of the U.S. which has 23 of the bottom 25 markets. "The bottom forecast markets are still by and large in relatively small cities within the Eastern U.S. with poor economic conditions and general population declines often spanning decades. The good news for these markets is that all are characterized by slight depreciation of no more than one- to two-percent."

Projected Top Twenty-Five Markets*
1 SAN FRANCISCO-OAKLAND-FREMONT, CA 10.7%
2 SAN JOSE-SUNNYVALE-SANTA CLARA, CA 10.5%
3 DENVER-AURORA-BROOMFIELD, CO 10.3%
4 PORT ST. LUCIE, FL 10.0%
5 SEATTLE-TACOMA-BELLEVUE, WA 9.5%
6 PORTLAND-VANCOUVER-HILLSBORO, OR-WA 9.3%
7 BOULDER, CO 9.2%
8 GREELEY, CO 9.2%
9 FORT COLLINS-LOVELAND, CO 9.2%
10 DALLAS-FORT WORTH-ARLINGTON, TX 9.0%
11 SANTA CRUZ-WATSONVILLE, CA 8.9%
12 BEND, OR 8.8%
13 SEBASTIAN-VERO BEACH, FL 8.6%
14 BREMERTON-SILVERDALE, WA 8.6%
15 PALM BAY-MELBOURNE-TITUSVILLE, FL 8.5%
16 SANTA ROSA-PETALUMA, CA 8.1%
17 SALEM, OR 8.1%
18 NORTH PORT-BRADENTON-SARASOTA, FL 8.0%
19 AUSTIN-ROUND ROCK-SAN MARCOS, TX 8.0%
20 RENO-SPARKS, NV 8.0%
21 ORLANDO-KISSIMMEE-SANFORD, FL 8.0%
22 PALM COAST, FL 7.9%
23 MIAMI-FORT LAUDERDALE-POMPANO BEACH, FL 7.9%
24 OLYMPIA, WA 7.8%
25 TAMPA-ST. PETERSBURG-CLEARWATER, FL 7.8%
Projected Bottom Twenty-Five Markets*
1 WICHITA FALLS, TX -1.9%
2 LEBANON, PA -1.7%
3 GADSDEN, AL -1.7%
4 MARION, IN -1.3%
5 BINGHAMTON, NY -1.1%
6 ALEXANDRIA, LA -1.1%
7 SCRANTON--WILKES-BARRE, PA -1.0%
8 HATTIESBURG, MS -0.9%
9 FAYETTEVILLE, NC -0.8%
10 CUMBERLAND, MD-WV -0.7%
11 CLEVELAND, TN -0.7%
12 DOTHAN, AL -0.6%
13 LYNCHBURG, VA -0.6%
14 TORRINGTON, CT -0.5%
15 ANNISTON-OXFORD, AL -0.5%
16 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY -0.3%
17 FLORENCE, SC -0.1%
18 KINGSTON, NY -0.1%
19 MACON, GA 0.1%
20 ATLANTIC CITY-HAMMONTON, NJ 0.2%
21 SUMTER, SC 0.3%
22 FLORENCE-MUSCLE SHOALS, AL 0.4%
23 FORT SMITH, AR-OK 0.4%
24 DECATUR, AL 0.5%
25 TRENTON-EWING, NJ 0.5%


*Markets demonstrated are for residential real estate in metro areas (typically greater than 100,000 residents) among single-family homes in the median price tier.

Additional forecasts and infographics for U.S. markets available to the press upon request.

About Veros Real Estate Solutions:

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit http://www.veros.com/ or call (866) 458-3767.

About Eric Fox, VP of Statistical and Economic Modeling:

Eric Fox received his M.S. in Statistics and B.S. in Mathematics and Economics from Purdue University, and has more than 22 years of industrial experience in statistical and econometric modeling, probabilistic life methodology development, statistical training, probabilistic design software development, and probabilistic financial/competitive analysis. Fox has published more than 20 technical papers on probabilistic and statistical methods.

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/veros-home-valuation-annual-forecast-is-strongest-in-more-than-two-years-2015-1015-03.shtml.

NEWS SOURCE Veros Real Estate Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Eco-Friendly Sprinkler Systems Save Water and Avoid Drought Violations

eco sprinkler systems

MISSION VIEJO, Calif., Aug. 17, 2015 (SEND2PRESS NEWSWIRE) -- Sprinkler Repair Guy keeps customers green by being green. How? They set customers up with automated sprinkler systems that are 100 percent water efficient and ensure that residential and commercial customers are not in violation of California drought violations.

Water saving sprinkler nozzles and other parts and accessories are responsible for a water savings of up to 75 percent per year. And, while saving water is important, Michael Guerra, president, Sprinkler Repair Guy, says that this is not the most important differentiator between them and other water sprinkler companies.

"It's not just about being green - the eco-friendly green - it's all about being effective," he says. "And, what most people don't realize is that slow watering techniques are much more effective for lawns and gardens."

So, when people water their yards and landscaping with traditional sprinkler systems, the plants are not processing that water in the most effective way possible. A large portion of that water is simply running off and not being properly absorbed. They key is slow watering.

Guerra further explains that during periods of drought, people think the answer is to abstain from watering altogether. He says that's not the answer.

"It's a big misconception. Poor looking lawns and gardens quickly depreciate the value of properties and that's never a good thing," he says. "Using green watering systems is really a win-win for all. Customers save money and water without being in violation of drought laws while plants, lawns and gardens also benefit."

The bottom line is this: Efficient irrigation practices conserve water, save money and improve the landscape too. It's a triple play.

For more information, visit: http://www.SprinklerRepairGuy.com/ or like them on Facebook at: https://www.facebook.com/SprinklerRepairGuy.

About Sprinkler Repair Guy:

Sprinkler Repair Guy services the state of California. They offer professional services for lawn irrigation, landscape lighting, drip irrigation and drainage systems services. They handle everything from a minor sprinkler repair to a new cost effective water conservation system or a customized landscape lighting system.

- Photo 300dpi: Send2Press.com/mediaboom/15-0817-sprinkler-300dpi.jpg

- Photo Caption: A Sprinkler Repair Guy technician ensures reduced water consumption and more effective hydration.

TWITTER: @sprinklerguyca - https://twitter.com/sprinklerguyca.

Media Contact: Michael Guerra, Sprinkler Repair Guy, 800-479-8161, michael@sprinklerrepairguy.com.

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/eco-friendly-sprinkler-systems-save-water-and-avoid-drought-violations-2015-0817-03.shtml.

NEWS SOURCE Sprinkler Repair Guy :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Homewood Suites – Seattle/Lynnwood Sold to RLJ Lodging Trust

hotel realty northwest

SEATTLE, Wash., July 28, 2015 (SEND2PRESS NEWSWIRE) -- Kennedy & Mohn announced today that they represented Legacy Hospitality, an Albuquerque based hotel development and operating company, in the sale of the 170-room Homewood Suites by Hilton, Seattle/Lynnwood. The hotel was acquired by RLJ Lodging Trust for $37.9 million or approximately $223,000 per key.

The vibrant and expanding economy of the Seattle area combined with limited availability of prime, institutional-grade hotel assets allowed the Seller to realize premium pricing on this still pre-stabilized hotel.

"We were able to achieve the Seller's primary goals of capitalizing on opportunistic timing and pricing influences, while maintaining a highly discreet transactional environment," said Michael Mohn, Vice President, Kennedy & Mohn, P.S.

The Homewood Suites is the first hotel acquisition by RLJ Lodging Trust in the greater Seattle area and only its second hotel in the Pacific Northwest. RLJ currently owns 126 hotels with approximately 20,800 rooms and two planned hotel conversions, located in 22 states and the District of Columbia.

The Homewood Suites opened in May 2014 and is located in Lynnwood, Washington, a suburban community 20-miles north of downtown Seattle. The hotel is uniquely positioned, close to major retail outlets, Boeing-anchored aerospace activities, and a variety of biotech and technology firms in south Snohomish County.

More information: http://HotelRealtyNW.com/.

*LOGO: Send2Press.com/mediaboom/15-0728-hotel-realty-300dpi.jpg

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/homewood-suites-seattle-lynnwood-sold-to-rlj-lodging-trust-2015-0728-03.shtml.

NEWS SOURCE Kennedy and Mohn P.S. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Residential Market Sustains Strength Predicted by Veros’ Latest 12-Month Forecast Update

VeroFORECAST

SANTA ANA, Calif., July 9, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market continues in a positive trajectory, with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 90% from last quarter's 86%. While still reflecting positive numbers, the latest VeroFORECAST also predicts declining growth in some Texas cities that are influenced by changes in the oil and gas industries.

The national forecast moved slightly lower to +3.1% annual appreciation, decreasing over the previous VeroFORECAST rate of 3.2%. It is the twelfth consecutive quarter in which the index has shown forecast appreciation, but with some flattening of the incline. This insight comes from the company's most recent VeroFORECAST, a national real estate market forecast for the 12-month period ending June 1, 2016, updated quarterly and covering 976 counties, 338 metro areas, and 13,548 zip codes.

The number of Texas cities in VeroFORECAST's top 25 has decreased this quarter and has seen an increase in the number of cities in the bottom 25. Additionally, there is a noticeable decline in the growth prediction for those areas that are impacted by changes in the oil and gas industries. For instance, Houston had an annual forecast of +7.6% last quarter but has seen that decline to +5.7% this quarter. Similar declines are seen in the Midland and Odessa areas while the Dallas and Austin areas maintain a steady spot in the top 25.

"Housing supplies in the top 5 markets remain tight and, coupled with price run-ups, affordability is becoming an issue," stated Eric Fox, Veros' vice president of statistical and economic modeling. "Conversely, the bottom markets continue to reflect the impact of decreasing population trends and continued high unemployment."

"We've noticed consistency in the forecast over the last several quarters, especially when compared to forecasts in the 2005-2006 timeframe when the market was forecast to 'overheat'," continued Fox. "During that time, we saw appreciation at levels of +25% or more in some of the strongest markets. Now our strongest markets have consistently been forecast to be in the +10% range over the last several quarters."

Projected Top Twenty-Five Markets*
1San Francisco-Oakland-Fremont, CA+10.5%
2Denver-Aurora-Broomfield, CO+10.3%
3Santa Rosa-Petaluma, CA+9.9%
4San Jose-Sunnyvale-Santa Clara, CA+9.8%
5Bend, OR+8.7%
6Port St. Lucie, FL+8.7%
7Portland-Vancouver-Hillsboro, OR-WA+8.5%
8Naples-Marco Island, FL+8.4%
9Greeley, CO+8.2%
10Boulder, CO+8.1%
11Vallejo-Fairfield, CA+8.1%
12Palm Coast, FL+8.1%
13College Station-Bryan, TX+8.0%
14Sebastian-Vero Beach, FL+7.9%
15Seattle-Tacoma-Bellevue, WA+7.8%
16Palm Bay-Melbourne-Titusville, FL+7.8%
17Fort Collins-Loveland, CO+7.8%
18Dallas-Fort Worth-Arlington, TX+7.6%
19Medford, OR+7.5%
20Santa Barbara-Santa Maria-Goleta, CA+7.4%
21Merced, CA+7.3%
22Austin-Round Rock-San Marcos, TX+7.3%
23Miami-Fort Lauderdale-Pompano Beach, FL+7.2%
24Reno-Sparks, NV+7.1%
25Santa Cruz-Watsonville, CA+7.1%
Projected Bottom Twenty-Five Markets*
1Vineland-Millville-Bridgeton, NJ-2.9%
2Gadsden, AL-2.2%
3Bangor, ME-1.9%
4Terre Haute, IN-1.8%
5Jacksonville, NC-1.7%
6Alexandria, LA-1.7%
7Parkersburg-Marietta-Vienna, WV-OH-1.6%
8Atlantic City-Hammonton, NJ-1.6%
9Lewiston-Auburn, ME-1.4%
10Pittsfield, MA-1.3%
11Greenville, NC-1.2%
12Shreveport-Bossier City, LA-1.0%
13Greensboro-High Point, NC-0.9%
14Midland, MI-0.9%
15Waterloo-Cedar Falls, IA-0.8%
16El Paso, TX-0.7%
17Binghamton, NY-0.6%
18Torrington, CT-0.5%
19Kingston, NY-0.5%
20Dothan, AL-0.5%
21Sumter, SC-0.4%
22Jackson, TN-0.4%
23Montgomery, AL-0.4%
24Wichita Falls, TX-0.4%
25Lynchburg, VA-0.3%


*Markets demonstrated are for residential real estate in metro areas (typically greater than 100,000 residents) among single-family homes in the median price tier.

Additional forecasts and infographics for U.S. markets available to the press upon request.

About Veros Real Estate Solutions:

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit http://www.veros.com/ or call (866) 458-3767.

About Eric Fox, VP of Statistical and Economic Modeling:

Eric Fox received his M.S. in Statistics and B.S. in Mathematics and Economics from Purdue University, and has more than 22 years of industrial experience in statistical and econometric modeling, probabilistic life methodology development, statistical training, probabilistic design software development, and probabilistic financial/competitive analysis. Fox has published more than 20 technical papers on probabilistic and statistical methods.

Infographic: http://veros.com/files/3314/3646/2536/2015-Q2-VeroFORECAST-Infographic_070815_web.png

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/residential-market-sustains-strength-predicted-by-veros-latest-12-month-forecast-update-2015-0709-04.shtml.

NEWS SOURCE Veros Real Estate Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.

Market Showing Increasing Signs of Strengthening, Says Veros’ Latest 12-Month Forecast Update

VeroFORECAST

SANTA ANA, Calif., April 2, 2015 (SEND2PRESS NEWSWIRE) -- Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 86% from last quarter's 82%. The latest VeroFORECAST also found two interesting market areas, one on each coast, that reflect both the predicted top and bottom growth areas in the residential market.

The national forecast grew to +3.2% annual appreciation, increasing over the previous VeroFORECAST rate of 2.4%. It is the eleventh consecutive quarter in which the index has shown forecast appreciation, with the pace now indicating an upward trend. This insight comes from the company's most recent VeroFORECAST, a national real estate market forecast for the 12-month period ending March 1, 2016, updated quarterly and covering 967 counties, 333 metro areas, and 13,549 zip codes.

Reminiscent of Dickens' classic story, VeroFORECAST revealed a "Tale of Two Coasts" in the forecast's top and bottom residential markets. Six out of the "Top 10" appreciating markets are located within a 75-mile radius in the Bay Area of California. Conversely, six of the "Bottom 10" are located within a 100-mile radius in the Northeast coastal area.

"We continue to see the same factors influencing the appreciation or depreciation of residential markets across the country," stated Eric Fox, Veros' vice president of statistical and economic modeling and developer of VeroFORECAST. "Unemployment rates, housing supplies, and population trends remain the primary factors affecting the housing market. Their impact is clearly reflected in the market forecasts for these coastal areas."




















































Projected Twenty-Five Strongest Markets*
1Santa Rosa-Petaluma, CA+10.0%
2San Francisco-Oakland-Fremont, CA+9.9%
3Denver-Aurora-Broomfield, CO+9.3%
4San Jose-Sunnyvale-Santa Clara, CA+9.2%
5Austin-Round Rock-San Marcos, TX+8.8%
6Santa Cruz-Watsonville, CA+8.7%
7Vallejo-Fairfield, CA+8.6%
8Salinas, CA+8.5%
9Boulder, CO+8.4%
10Dallas-Fort Worth-Arlington, TX+8.0%
11Port St. Lucie, FL+8.0%
12College Station-Bryan, TX+8.0%
13Portland-Vancouver-Hillsboro, OR-WA+7.6%
14Houston-Sugar Land-Baytown, TX+7.6%
15Fort Collins-Loveland, CO+7.5%
16Coeur d'Alene, ID+7.5%
17Bend, OR +7.4%
18Merced, CA+7.4%
19Greeley, CO+7.3%
20Medford, OR+7.2%
21Reno-Sparks, NV+7.1%
22Modesto, CA+7.0%
23Naples-Marco Island, FL+6.9%
24Stockton, CA+6.9%
25  Carson City, NV+6.9%

Projected Twenty-Five Weakest Markets*
1Vineland-Millville-Bridgeton, NJ-3.9%
2Sumter, SC-2.6%
3Salisbury, MD-2.6%
4Atlantic City-Hammonton, NJ-2.4%
5Jacksonville, NC-2.3%
6Gadsden, AL-2.2%
7Scranton-Wilkes-Barre, PA-2.2%
8Warner Robins, GA-1.9%
9New Haven-Milford, CT-1.9%
10Torrington, CT-1.9%
11Elizabethtown, KY-1.9%
12Saginaw-Saginaw Township North, MI-1.8%
13Jackson, TN-1.7%
14Hartford-West Hartford-East Hartford, CT-1.7%
15Pittsfield, MA-1.5%
16Fayetteville, NC-1.4%
17Williamsport, PA-1.4%
18Kingston, NY-1.3%
19Ocean City, NJ-1.3%
20Valdosta, GA-1.2%
21Joplin, MO-1.0%
22Greensboro-High Point, NC-0.9%
23Norwich-New London, CT-0.9%
24Dothan, AL-0.8%
25Santa Fe, NM-0.7%

*Markets demonstrated are for residential real estate in metro areas (typically greater than 100,000 residents) among single-family homes in the median price tier.

Additional forecasts for U.S. markets available to the press upon request.

About Veros Real Estate Solutions:

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, please visit http://www.veros.com/ or call (866) 458-3767.

About Eric Fox, VP of Statistical and Economic Modeling:

Eric Fox received his M.S. in Statistics and B.S. in Mathematics and Economics from Purdue University, and has more than 22 years of industrial experience in statistical and econometric modeling, probabilistic life methodology development, statistical training, probabilistic design software development, and probabilistic financial/competitive analysis. Fox has published more than 20 technical papers on probabilistic and statistical methods.

INFOGRAPHIC VeroFORECAST Q1-2015 Update
http://www.veros.com/files/7714/2800/1327/VeroFORECAST_Q1_Infographic.png

TWITTER: @verosres

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/market-showing-increasing-signs-of-strengthening-says-veros-latest-12-month-forecast-update-2015-0402-02.shtml.

NEWS SOURCE Veros Real Estate Solutions :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.