The picture could change completely in 2016 if interest rates begin edging up following the Fed's decision to raise rates on Wednesday.
Read More »Pro Teck Announces Two New Information Security Hires
In an effort to enhance information security, Pro Teck Valuation Services announced Tuesday that the company has hired two new employees. According to a press release from Pro Teck, Luc Levensohn will fill the newly created position of Chief Information Security Officer (CISO), that is expected to better the company's information security programs.
Read More »Advantage Seller: Housing Inventory at “Historical Lows”
As the housing market continues to improve, more buyers enter the market, and inventory levels decline, favor now rests in sellers' hands.
Read More »Report: Housing Recovery Favors High-Income Neighborhoods
While at a national level the housing market continues to recover, a look at local markets reveals a recovery that is most prominent in high-income areas, while lower-income neighborhoods continue to struggle. ProTeck Valuation Services delves into this phenomenon in its latest Home Value Forecast, with a spotlight on the Seattle metro area.
Read More »Tech Authority Joins Pro Teck’s Strategic Advisory Board
Technology expert Arny Epstein has joined the strategic advisory board at Pro Teck Valuation Services, the company announced.
Read More »Growing Workforce Propelling Housing in Rust Belt
As the housing market continues to mend, analysts find the young-adult sector of the market is lagging. Some feel the lack of young first-time buyers is the main component holding the housing market back. However, this may not be the case everywhere. A burgeoning young, knowledge-based workforce is contributing to housing and overall economic growth in Pittsburgh and Cleveland, according to the latest Home Value Forecast from Pro Teck Valuation Services.
Read More »Pro Teck Chief Appraiser Appointed to National Appraisal Congress
Pro Teck Valuation Services' own chief appraiser, Jeff Dickstein, has been appointed to serve on the Five Star Institute's National Appraisal Congress (NAC), according to a company announcement.
Read More »Pro Teck Announces COO Appointment
Pro Teck Valuation Services announced the appointment of a new COO, with management veteran Todd Gerspach stepping into the role.
Read More »Trends Indicate Recovering (Not Bubbling) Home Market
Market trends across the United States indicate a recovering real estate market—but not a bubble—according to the latest Home Value Forecast from Pro Teck Valuation Services. According to the forecast, the housing economy is in healthy rebound, so much so that even the markets showing the greatest appreciation are not near 2006 figures, when the market was at its historical peak.
Read More »As Markets Come to Boil, Analysts Dispel Bubble Fears
Pro Teck released its March Home Value Forecast, which ranks the hottest metro markets in the country. California claimed nine of the top 10 slots, while Florida claimed seven of the bottom 10 areas for home value appreciation. Though California has shown impressive gains in valuation recently—a trait that often makes California the subject of “new bubble” talk—Pro Teck CEO Tom O’Grady said he does not foresee trouble over the next five years.
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