Local markets are finding their footing as the economy continues to press forward towards sustainability. The Fed's
recent action to continue to taper its bond-purchasing program signals an increased confidence in the labor market,
but the economy is not out of the woods. Some local markets are still struggling to maintain footing in this soft
market, which is why this month's State of Affairs section offers a detailed view of the strength of the market based
on key factors that impact the industry at large. Within the following pages, state markets are broken into regions
so that you can find the most relevant information to your specific market and compare that information to what is
happening across the nation giving you a full picture of the health of the industry. In the Northeast, Midwest, South,
and West; there are homeowners, homebuyers, investors, vendors and others all looking at ways to improve their
local economies. Take a look at the full scope of the marketplace coast to coast.
Note: The state-by-state trends are based on a compilation
of January 2014 real estate public records data and proprietary
mortgage loan performance transactions provided by LPS
Data & Analytics as well as a preliminary unemployment rate for
January 2014 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.
P R E S E N T S
of Affairs
