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IMS Launches Happy RE News Web Site for US Housing Market

May 27, 2008 | 374 words

TORONTO, May 27 /PRNewswire/ -- "The doom and gloom in media stories about residential real estate ignore positive, healthy activity in many cities across America," says Leon d'Ancona, President of IMS Incorporated, the leading provider of real estate market intelligence to brokers and agents throughout North America.

"There is no doubt," says d'Ancona, "that the US real estate market has taken a huge hit recently. As the effects of the sub-prime mortgage meltdown reverberate across the continent, many homeowners are feeling the pain of loosing their homes."

"The problem with glass-is-half-empty stories is that they have an undue psychological impact on markets that is not borne out by all the facts. We know, because it's our business to know, that there are hundreds of cities and thousands of neighborhoods in the United States right now where the market is very healthy, thank you," states d'Ancona.

In order to focus a spotlight on these vibrant markets for his clients -- real estate brokers and agents, as well as for the public -- d'Ancona has set up a new website:

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