'Tis the Season for Stable Home Prices
Posted on December 10, 2010 by Corey Hart
Dec

10

2010

Jonathan Miller, the "housing market analyst guy" that RBI and MRIS have tapped for market analysis services, provided the market commentary for our November 2010 Housing Market Stats press release (leveraging rbiPRO, of course). Jonathan was named “Best Online Real Estate Expert" by Money Magazine and appears in publications such as the Wall Street Journal and NY Times covering national and regional housing issues. Needless to say, we're thrilled to have him join our team!  Merry reading...

 

RBI Released November 2010 Housing Market Stats Today

The monthly housing data released by RBI today shows an encouraging pattern of stability in home pricing while a downward trend is emerging in sales activity.  The median price of a home in the Baltimore Washington metro area has remained constant over the last three months indicating overall strength in the regional housing market. And while housing is hyper-local, and each area is seeing its own fluctuation, I’m still seeing this as a region-wide trend.

 

Read More
market analysis, press release
DC-Baltimore Housing Prices Remain Stable; Sales Down Over 2009
Posted on November 10, 2010 by Corey Hart
Nov

10

2010

ROCKVILLE, Md., Nov. 10, 2010  -- RealEstate Business Intelligence (RBI), an MRIS company, released the latest market data on the Washington, DC, Baltimore metro housing market today, which suggests that home prices in the market continue to remain stable, but the number of home sales remains lower than October 2009. This is attributable to the federal tax credit expiration, which offered an $8,000 tax credit for first-time home buyers and a $6,500 tax credit for repeat home buyers, who signed a purchase contract before April 30th of this year.

Read More
market analysis, press release
DC Metro Market May Show Signs of Recovery
Posted on October 10, 2010 by Corey Hart
Oct

10

2010

Rockville, MD – RealEstate Business Intelligence (RBI), an MRIS, Inc. company, today released its September 2010 housing market statistics, which show continued recovery when comparing home sales against this time last year, especially in large population centers such as Washington, D.C., Montgomery County, MD and Fairfax County, VA. Data from the report also suggests that the average sold price of a home, throughout the entire MRIS region has improved by nearly 3 percent, and days on the market has decreased.

Homes spent an average of 8 fewer days on the market compared to September 2009, dropping 8% from 96 days to 88 days. Nearly 40 percent of homes sold in less than 30 days in September 2010. The average sold price jumped to $326,079 in September 2010 from $317,192 in September 2009.

Read More
market analysis, press release

RBI Sign In




Forgot password? Click here...