RISMEDIA, November 5, 2009—LPS Real Estate Group, a wholly owned subsidiary of Lender Processing Services, Inc. announced that Long & Foster Real Estate, one of the largest real estate companies in the Mid-Atlantic region, has selected LPS Real Estate Group’s Neighborhood & School Reports to be the exclusive provider of this critical consumer content for their company.
National Association of REALTORS® research suggests that 67% of consumers cite neighborhood quality as a deciding factor in the real estate purchase. Additional research also states that school quality is among the three most important reasons why Americans move. LPS Real Estate Group’s School & Neighborhood Report data comprises more than 100 different school and neighborhood data elements, including housing trends and statistics, demographics, local economic information, school, environment and quality of life covering all 50 states.
“We know that neighborhood and school information is of primary importance when consumers choose their homes, and we’ve conducted an extensive search to select a company that could provide the most comprehensive and timely data to meet the needs of today’s buyers,” said Michael Koval, senior vice president and chief information officer of Long & Foster Real Estate. “We are confident that the new Neighborhood and School information from LPS Real Estate Group will provide high quality, in-depth analysis and insights to help our customers make the best choice for their new home.”
According to the company, the LPS Real Estate Group’s School & Neighborhood Reports are much more comprehensive–zeroing down to the Census Block Group Level. The data can be provided in multiple formats and can be completely customized to display exactly what customers are looking for in a particular neighborhood. Data and statistics for all states are included to provide location comparison information for buyers moving across states, relocating, or buying vacation homes.
For more information, visit www.lpsvcs.com.