NEW YORK, NY--(Marketwire - April 3, 2008) - Despite the influx of bad news about the U.S. housing markets, segments of the U.S. residential market are showing signs of stability and improvement. As the data are from January, the low point in the seasonal cycle, we could continue to see improvement in the coming months, according to the January 2008 RPX™ Monthly Housing Market Report released today by Radar Logic Incorporated.
"While we see similar pressures as have been reported by others, these may be the result of a specific confluence of factors which we believe need to be watched closely," said Michael Feder, Chief Executive Officer of Radar Logic Incorporated. "The spring is when most markets show seasonal rebounds and there is some evidence that we could observe this phenomenon in the next several months."
For more information visit MarketWire.com and RadarLogic.com.
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