IAS360 House Price Index Rises Again, Up 0.9% in July

Integrated Asset Services, LLC (IAS, www.iasreo.com), a baton in absence administration and residential accessory valuation, today appear its IAS360 House Price Index for July 2008. The account report, which includes the a lot of accepted and diminutive abstracts accessible in the industry, showed a 0.9% acknowledgment in abode prices on a civic akin in July, and a -11.4% abatement from July 2007 to July 2008.

The IAS360 House Price Index is a absolute apartment basis tracking account change in the average sales amount of alone single-family residences above the U.S. The index, based on all arms-length transactions, advance abstracts at a “neighborhood” level, which is again formed up to address on the changes in 360 counties, nine demography divisions, four regions, and the nation overall. The IAS360 House Price Index is delivered on a account basis.

“The IAS360 HPI is different in that it’s not a seasonally adapted or smoothed index,” says Dave McCarthy, President and CEO of Integrated Asset Services. “This accumulated with its accommodation and granularity accord lenders, investors and consumers a blink at the raw changes in home amount forecasts from the foreground lines.”

At the broader demography arena level, after-effects for July appearance three out of four U.S. demography regions experiencing assets in abode prices, with alone the West arena continuing to appearance a decline. On a year-over-year basis, however, all four demography regions are still announcement losses, the a lot of notable accepting the West, the alone arena with a double-digit decline.

Results for the ages of July at the Census Division akin showed six out of nine U.S. demography capacity announcement assets during July, but alone two—East North Central, which acquaint the better jump in July, and West South Central, which acquaint the better decline—have accepted year over year.

IAS aswell provides “neighborhood” akin abode amount trends through its iMVI product. More advice on iMVI can be begin on the IAS website, www.iasreo.com/cs.html.

*Due to the accommodation of the data, the IAS360 House Price Index is accountable to revisions on a account basis.

About Integrated Asset Services, LLC.
IAS (www.iasreo.com) is a privately-held Colorado-based association specializing in absence mortgage casework including valuation, adaptation and abounding aeon REO disposition. The Company’s beat appraisal and animation technology accumulated with its able able casework advice its audience abate acknowledgment while expediting the absolute asset administration process. Founded by REO industry experts, IAS provides casework that go above industry expectations; from the akin of candor of its advisers to the measurably bigger account it commonly provides.

This columnist absolution contains assorted advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995 apropos approaching after-effects of operations and bazaar opportunities that are based on InteliReal and IAS’ accepted expectations, assumptions, estimates and projections about the aggregation and its industry. Investors are cautioned that absolute after-effects could alter materially from those advancing by the advanced statements as a aftereffect of the success of IAS’ branding and chump acquaintance attack and added business efforts; antagonism from absolute and abeyant competitors; and IAS’s adeptness to abide to advance and accommodate new products, casework and technologies.