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93
us," said Zillow Senior Economist Aaron
Terrazas. "e gap between the metros with
the strongest and weakest housing market
recoveries is as wide as it has ever been.
e California Bay Area's housing recovery
stands out when compared to other markets
that saw similar home value appreciation
because it has more than regained all of its
lost value. Strong, high-paying job markets
and persistently limited inventory sent prices
skyrocketing, leading to the Bay Area having
the most valuable housing markets in the
country."
COLORADO
Situs Acquires
MountainView
Financial Solutions
Situs, a provider of strategic business
and technology solutions to the real estate
industry, announced that it has entered
into a definitive agreement to acquire
MountainView Financial Solutions, a service
provider to the financial services industry.
Headquartered in Denver, MountainView
is a valuation and risk analytics business for
the financial services sector.
"MountainView is the premier valuation
and brokerage platform for Mortgage
Servicing Rights (MSRs), hard-to-value
securities, and whole loans, and has a
well-earned reputation as an elite provider
of risk management analytics for financial
institutions," said Steve Powel, CEO of Situs.
"Together with our 2017 acquisition of e
Collingwood Group, the MountainView
transaction expands our set of capabilities and
positions Situs as the trusted advisor of choice
within the continually evolving housing
finance market, and puts Situs at the nexus of
real estate and fintech."
MountainView's professionals will work
alongside Situs to deliver a spectrum of
risk management and transaction services,
and build on the group's foundation of
valuation and regulatory advisory services.
"MountainView's breadth of services is a
natural extension of Situs' existing analytics
offerings," said MountainView CEO Michael
Morgan. "As a part of the Situs family,
MountainView will be able to leverage
Situs' existing tools, resources, data and
partnerships to further develop our combined
analytics framework, enhance our models,
and extend our offerings into new asset
classes and to more clients."
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