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Raj Dosaj

LPS: Home Prices Have Risen 2.5 Percent in 2012

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Lender Processing Services Inc. (LPS) has announced that its LPS Applied Analytics division updated its home price index (LPS HPI) with residential sales concluded during April 2012. “Home prices have risen 2.5 percent so far this year, indicating an exceptionally strong spring,” said Raj Dosaj, vice president of LPS Applied Analytics. “While prices typically see a boost in the spring, the magnitude and speed of this increase and its consistency across the nation have not been seen since October 2005.”Click to continue

Home Prices Rise in February for Only the Third Time in Five Years

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Lender Processing Services Inc. (LPS) has announced that its LPS Applied Analytics division updated its home price index (LPS HPI) with residential sales concluded during February 2012. "Our HPI shows an increase in seasonally adjusted prices this month for the first time since March 2010, and for only the third time in five years,” said Raj Dosaj, vice president of LPS Applied Analytics. “There have been signs of price declines slowing for a few months now, and our estimates for next month are flat to slightly positive.Click to continue

LPS: Home Prices Now in Sixth Consecutive Month of Decrease

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Lender Processing Services Inc. (LPS), a provider of technology, data and analytics for the mortgage and real estate industries, has announced that its LPS Applied Analytics division updated its home price index (LPS HPI) with residential sales concluded during December 2011. “Following the real estate bubble, the proportion of short sale transactions is much higher than historically observed. Other HPI suppliers have not updated their analyses in the face of increased short-sale transactions.Click to continue