Skip to main content

Collateral Analytics Develops New Market Ranking System

NationalMortgageProfessional.com
Sep 03, 2015
Collateral Analytics Logo

Collateral Analytics has developed a new automated ranking system to objectively define the market condition of individual real estate markets ranging from specific neighborhoods to cities, states or the overall U.S. This new system is completely data driven and is based on the same market indicators which are used by appraisers in the Market Condition Addendum of the standard 1004 Appraisal Report.

The CA Market Condition Ranking system is based on the magnitude and trends of the individual market indicators with which are then combined to create the qualitative market ranking which include ratings such as “Normal,” “Distressed” or “Hot.” This innovative ranking system can be completely automated and used to define, not only current, but also historical market conditions for any geographical area, property type, property characteristics or price range. 

“It seems that everyone has an opinion regarding the state of the real estate market,” said Michael Sklarz, president and CEO of Collateral Analytics. “Most of these opinions are anecdotal and subjective which is unfortunate given the importance of the real estate market to the larger economy. The Collateral Analytics Market Ranking System provides a straightforward and systematic way to do this.”

Published
Sep 03, 2015
Federal Regulators Race To Address Cryptocurrency Risks

Cryptocurrency is quickly morphing into a volatile but widely embraced innovation, and federal regulators are racing to address the potential risks to consumers and the market. 

Industry News
Sep 24, 2021
MBA Initiative Seeks To Close Racial Homeownership Gap

Says its advocacy, partnerships & connections will help increase opportunities for minority borrowers

Industry News
Sep 24, 2021
Guaranteed Rate Opens New Branch In Southwestern Michigan

Guaranteed Rate expanded its presence in Southwester Michigan, after opening a new branch in St. Joseph

Industry News
Sep 22, 2021
Chinese Property Giant Evergrande Falters, Threatening U.S. Investors

On Monday, investors across three continents dumped their stocks, mainly out of fear that the world’s two largest governments — the United States and China — would undercut the beginnings of a global economic recovery. 

Industry News
Sep 22, 2021
Compass Mortgage Expands In Four Additional States

Compass Mortgage is now licensed in Virginia, Washington, North Carolina and South Carolina.

Industry News
Sep 22, 2021
Enact Holdings Completes IPO

Genworth Financial Inc. announced the completion of the initial public offering for its subsidiary Enact Holdings Inc.

Industry News
Sep 21, 2021