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90 Of the 45 metros, 35 continued to see year-over-year gains in their median listing price, with only eight markets outpacing the national growth rate at nine percent, which is an indication of gains mainly confined in smaller markets despite rising prices at a national level. Chattanooga, Tennessee (+17 percent), Spokane, Washington (+15 percent), and Greensboro-High Point, North Carolina (+14 percent), are some of the markets that posted the highest year-over-year median list price growth. San Jose, California; and Austin, Texas; recorded a steep decline by four percent. "Buyers in larger metros are seeing more homes on the market and listing prices decline, while those in smaller markets con- tinued to see price increases," Hale said. Realtor.com calls the housing trends of November, a "Tale of Two Markets." Its report detailing the extent of the rise and fall in markets across various metros in the coun- try revealed price cuts in larger metros. e report also reflected an increase in inventory and slowing listing prices. Compare this to smaller metros, affordable markets experi- enced steady price gains. According to the report, U.S. housing inventory is up by 4 percent. It noted a rapid increase in inventory to 9 percent in the nation's largest and most expensive metros. Markets in the west coast, five of which are in California posted the largest year-over- year inventory increases. e national percentage of listings saw an increase in price reductions to 22 percent in November compared to 19 percent last year. is surge in price reductions is driven by 40 of the 45 top markets, with San Jose, Cali- fornia topped the list with the share of price reductions growing by 16 percent, from 17 percent last year to 33 percent in November. It was followed by Indianapolis (+15 percent), Seattle (+12 percent), San Francisco (+9 per- cent) and San Diego (+9 percent). TEXAS Mr. Cooper Acquires IBM's Seterus Coppell, Texas-based Mr. Cooper has announced that it is acquiring IBM's Seterus platform. e agreement worth $48 billion entails acquiring servicing rights underlying $24 billion in GSE mortgages and entering into a sub-servicing contract for an addi- tional $24 billion in mortgages as well as the percent of U.S. adults are concerned about terrorism." Hate crimes and sexual assault also featured in the list of worries. Columbia, Maryland topped the list with a total score of 85.98 in the list of safest cit- ies, followed by South Burlington, Vermont with at 84.94; Plano, Texas at 84.11; Virginia Beach, Virginia at 83.67; and Warwick, Rhode Island at 83.46. In the Home and Community Safety rankings, the cities were ranked at 4, 15, 1, 9, and 11 respectively. e financial safety of Columbia, Maryland was ranked at 34, followed by South Burlington, Vermont; Plano, Texas; Virginia Beach, Virginia; and Warwick, Rhode Island at 10, 41, 22 and 51 respectively. Fewer traffic fatalities were reported in New York City. Amarillo, Texas recorded the highest number of traffic fatalities per capita. e least number of assaults reflected in Ir- vine, California, while Kansas City, Missouri had the highest number of assaults. El Paso, Texas saw the least number of hate crimes while Cincinnati, Ohio, led the charge in the most number of hate crimes. Dover, Delaware has the lowest natural disaster risk level while San Jose, California tops the list among cities prone to natural disaster risks. TENNESSEE Tennessee Outpaces National Growth According to Realtor.com, the median U.S. listing price grew 9 percent year-over- year to $293,000 in November, down slightly from October, but higher than 2017's increase of 8 percent. purchase of the platform. "IBM acquired Seterus in the wake of the 2008 financial crisis to help a client man- age a portfolio of distressed loans. We were successful in this mortgage servicing work and the portfolio is now much more stable. e time is now right to divest this business, which is no longer core to IBM's portfolio, to a mortgage servicing specialist whose domain expertise and scale can further advance this business," said Jay Bellissimo, General Manager, Cognitive Process Transformation, IBM Global Business Services. Mr. Cooper expects to fund the acquisi- tion with financing on the mortgage servic- ing rights and cash. Subject to regulatory approvals, the transaction is targeted to close in the first quarter of 2019. "We are excited to welcome more than 300,000 customers and the Seterus team to the Mr. Cooper Group family. We are confident our new team will be energized by our people-first culture, and our new custom- ers will benefit from our user-friendly mobile and online tools designed to help them manage their home finances," said Jay Bray, Chairman, and CEO of Mr. Cooper Group Inc. "is transaction is consistent with our outlook for profitability targets and portfolio growth." Mr. Cooper provides servicing, origina- tion, and transaction-based services re- lated principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper and Xome. Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services, and technologies. Xome provides technology and data-enhanced solu- tions to homebuyers, home sellers, real estate agents, and mortgage companies. Last month, Freddie Mac announced a partnership with RBC Capital Markets' Tax Credit Equity Group to provide more than $180 million in affordable rental housing, noting that of the 10 transactions already closed one was in Tennessee. KNOW THIS Reaching a record high, the Dallas-Fort Worth housing market added $14.6 billion in value in 2018 according to an article from DallasNews.com KNOW THIS