Summit Valuations Debuts Market Overview Report

Summit Valuations LLC, a full service valuation company based in Niles, Ill., is now providing a monthly report that includes real estate data and analysis of interest to mortgage loan servicers and capital markets firms that trade mortgage portfolios.

The inaugural report is prepared by Summit's Chief Valuation Officer Mark Melikian and provides data made public by the U.S. Government, the National Association of Realtors and Freddie Mac on the median sales price, number of homes sold, pending sales and mortgage interest rates for December 2015.

"Our industry is very fortunate to have access to some very good data about the markets in which we work," Melikian said. "Typically one has to search several sources to access this data. Our new report is an attempt to filter some of the information in the marketplace into a report that will make it easier for the companies we partner with to make good decisions. A bit of analysis added to each report will provide our take on the data."