InsideValuation™, Residential and Commercial Property Valuation Provider, Increases Year To Date Revenues and New Clients at Record Rate

RENO, Nev., Oct. 23, 2012 /PRNewswire/ -- InsideValuation™,  a nation-wide provider of residential and commercial property evaluation products,  increased revenues by 74% and expanded the number of new clients by 38% year to date compared with the same period in 2011.  The gains were realized in both their residential and commercial valuation product lines which are provided to clients under the requirements of the Federal Interagency Appraisal and Evaluation Guidelines issued in December 2010.

"All indications point to a recovering residential and commercial real estate market," commented John A. Calhoun, Chief Executive Officer for InsideValuation™.  "The Mortgage Bankers Association's Purchase Application rate is on the rise while Housing Starts are topping expectations, led by multi-family units.  The National Association of Realtors forecasts a decrease in commercial vacancy rates and an increase in rental rates for industrial and retail commercial space.  These trends will directly and positively affect our valuation business going into 2013 and beyond."

Brandon Melanese, Senior Vice President for Business Development, sees a strengthening market heading into 2013 as well.  "We're providing valuation solutions to a diverse set of clients, from national banks with real estate portfolios to servicers, hedge funds and government entities.  Customers are demanding data-driven valuations of their holdings and often require quick turnaround.  We're meeting that demand head on and quite successfully.  Our valuation product line includes Replacement Cost Values, Automated Valuation Models and enhanced forms that incorporate line item adjustments so our clients truly have an integrated source for property valuation solutions."

Clients include top tier national banks, regional banks, credit unions, government agencies and portfolio acquisition firms including Arvest, BMO Harris Bank N.A., Umpqua Bank and Granite Loan Solutions.

About InsideValuation™
InsideValuation™ provides commercial and residential property valuation solutions through timely and accurate evaluation data so clients can make strategic decisions about their real estate holdings.  The firm serves financial and real estate holding customers with integrity and market knowledge through a nationwide network of more than 30,000 vetted field agents and an exemplary staff who are often recognized for their conscientious customer service.

InsideValuation™ recently relocated to state-of-the-art offices to better serve its expanding customer base.  Contact InsideValuation™ at www.InsideValuation.com, 775-828-4044, and at 241 Ridge Street, Reno, NV  89501.

Contact:
Jane Holman
Director of Communications
[email protected]
775-815-4121

SOURCE InsideValuation