LPS

LPS offers the most accurate, comprehensive and stable Home Price Index (HPI) available today. Granularity is available down to the ZIP-code level, with more ZIP code coverage than other HPIs, including geographic areas with few transactions. 

 

Because LPS owns and controls the data informing the HPI, the resulting index is released before others and trends are identified earlier, based on the most recent data. LPS’ HPI is unique in providing a preview of the following month’s data to help capital markets professionals make better informed decisions.

 

REO discounts are included for every ZIP code and geography, allowing normal housing stock and distressed property values to be estimated. Price tiers are available at every geographic level, providing at-a-glance determination of average ranges in a region. LPS alone provides price tiers per ZIP code, offering more detailed and specific information for more precise estimation.

 

LPS' HPI provides a cost-effective alternative to traditional property valuation methods. Its lower cost, accuracy and broad coverage allow capital markets professionals to quickly and reliably evaluate portfolio equity and determine potential for loss.