PRESENTS
of Affairs
The real estate mantra of "location, location, location" perhaps rings more true today than at any other time in recent history. Magnified by the
volatility brought on by the housing downturn, individual markets were a world unto themselves, bracing underneath the weight of plunging
home values and rising delinquencies. And it's the same in recovery, with some markets bouncing back at admirable speeds and others in a
virtual state of stagnation. All of this movement, at both ends of the spectrum, is compounded by the local economy and the local job market.
Recognizing the significance of location in the schematic of real estate, DS News strives to provide content relevant to the many individual
markets across the country here in the State of Affairs section of the magazine. And with this issue, we've redesigned State of Affairs to better
present impactful local market news and information, positioning it within its regional context. You'll find each state section organized by
region: Northeast, Midwest, South, or West, with easy-to-follow coding denoted at the top of each page should you get lost in your crosscountry trek. Zero in on your own local market conditions, test the temperature of the surrounding area, or scan the full scope of the marketplace
from coast to coast.
Note: The state-by-state trends are based on a compilation
of October 2013 real estate public records data and proprietary
mortgage loan performance transactions provided by LPS
Data & Analytics as well as a preliminary unemployment rate for
October 2013 based upon public information from the Bureau
of Labor Statistics.
LPS Data & Analytics is a trusted resource for mortgage lenders, servicers and investors—providing
market-leading data and analytics solutions to help them succeed. These offerings allow professionals
to improve performance, proactively identify risk, create mitigation strategies and accurately estimate
collateral value. An integral part of parent company LPS' end-to-end solution suite, LPS Data & Analytics
products include: property, MLS and mortgage performance data, mortgage and real estate analytics, lead
generation, portfolio monitoring and analytics, valuations and property tax reporting. To learn more about
LPS visit LPSvcs.com.
