Objective view of local real estate market conditions, providing reliable data and comprehensive insights for informed decisions.
Vendor
ICE Mortgage Technology
Company Website
The Market Condition Report provides an objective, clear, and accurate view of local market conditions, moving beyond subjective and generalized descriptions of buyer's or seller's markets. It offers a structured format to easily identify current market trends and conditions, using reliable data to objectively define current or historical market conditions at any geographical level. The report delivers comprehensive, intuitive data through a map view, showing the geographic dispersion of conditions in individual markets for quick comparison. Flexible delivery options, including website, XML, and batch, ensure easy access and quick delivery. The reports are downloadable as PDFs or as Fannie Mae/Freddie Mac editable PDF addendum reports. Appraisers can rely on this automated report, which provides a qualitative market ranking from distressed to hot, along with charts displaying market trends and data for the past 12 months, including number of sales, absorption rate, comparable active listings, months of inventory remaining, median sold price, median sold market time, median active listing price, median listing active market time, median sold-to-list price ratio, and number of foreclosure sales as a percentage of regular and REO sales. Customize reports with trend charts, current and retroactive reporting, comparable selection by neighborhood, ZIP, or distance, and detailed property characteristics.
- Identify market trends with ease Provides a structured format to easily identify current market trends and conditions.
- Reliable data Objectively defines current or historical-market conditions on any geographical level.
- Comprehensive, intuitive data Provides a map view to show the geographic dispersion of conditions in individual markets to quickly compare one local area to another.
- Easy access, quick delivery Offers flexible delivery options to best meet your needs, including website, XML and batch.
- Downloadable as PDF Enables you to download the reports as PDFs or as Fannie Mae/Freddie Mac editable PDF addendum reports.