SOURCE: Radar Logic

 Radar Logic

June 10, 2009 14:15 ET

In a New Report, Radar Logic Examines the Evidence of Stability in U.S. Housing Markets

NEW YORK, NY--(Marketwire - June 10, 2009) - Recently, an increasing number of housing experts have suggested that stability may be returning to the nation's housing markets. A special report released today by Radar Logic Incorporated examines the key evidence for these claims and analyzes the determinants and ramifications of the current market trends. The report also describes how sales of foreclosed homes are influencing the prices of homes that are not in foreclosure.

To view the report, please visit www.radarlogic.com or follow this link: http://www.radarlogic.com/research/special/June2009RPXSpecialReport.pdf

About Radar Logic

Radar Logic Incorporated, a real estate data and analytics company, calculates and publishes the Radar Logic Daily Prices. The prices track housing values for major U.S. metropolitan areas and are the basis of the Residential Property Index (RPX), a market that enables real estate to be traded as a liquid asset, via property derivatives marketed by major financial institutions.

RPX allows real estate and financial professionals to manage opportunity and risk, invest in real estate values without owning physical assets and effectively analyze markets using a consistent metric: price per square foot. Data in the RPX Year in Review for 2008 reflect the 28-day aggregated value of Radar Logic Daily Prices. The price per square foot metric used significantly reduces the influence of property sizes on overall housing price trends, which can skew results.

The Daily Prices are not adjusted for seasonal variations. In some cases, Daily Prices may vary based on reporting characteristics within individual markets. The RPX Year in Review provides insight and detailed analysis of Radar Logic's 25 MSAs and the Manhattan Condo market.

Contact Information