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Overview of our Black Knight
Home Price Index (HPI)

Designed to provide a more accurate picture of home prices in today’s market for all property types and conditions. Offers a cost-effective alternative to traditional property valuation methods. Its accuracy, coverage and treatment of short and REO sales allow for quick and reliable portfolio valuations.

Who needs it:

  • Mortgage Originators
  • Mortgage Servicers
  • Mortgage Default Managers
  • Risk Managers
  • Capital Markets Investors
  • Real Estate Professionals
  • Government Agencies
  • Property and Casualty Insurers

Why you need it:

  • ​Determine values for properties even when limited property information is available
  • Help ensure more powerful financial models by incorporating granular property price and transaction data down to the ZIP code level (E.g. housing forecasts and prepay/default/loss models)

Why it's better:

  • Updated monthly
  • Identifies new trends several weeks before other HPIs
  • Offers greater accuracy
  • Delivers high geographic granularity with more than 18,500 zip codes, which is more than double that of the nearest competitor
  • Includes price tiers that allow for sub-ZIP code granularity
  • Covers more than 75% of existing loans; 98% of these loans down to the ZIP code level
  • Contains separate price series for REO sales and short sales
  • Provides non-disclosure state information for a comprehensive view of market equity with minimal bias
  • Measures REO and short sale discounts at ZIP code and price tier level
  • Includes both single-family and condos
  • Eliminates transaction-weighting bias by using a property-weighted methodology
  • Offers experienced support desk to assist with implementation, use, and interpretation included during trial and subscription

How to get it:

  • Text file for incorporation into client’s processes
  • Third-party providers:
    • Moody’s Analytics Data Delivery Platform

Receive a free sample geographical area of your choosing.
Send us a listing of your properties and we will send you a free current price.

Contact us today at 866.964.8343

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​More Valuations and Collateral Risk Solutions

Automated Valuation Models (AVM) >

Hybrid Valuations >

Property Score >

 
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