Posted on October 10, 2012 by Corey Hart
Oct

10

2012

Both measures below the 10-year September averages; Prices relatively stable, low inventory playing a role

OVERVIEW

Sales activity has slowed in the Baltimore Metro Area housing market as we end September. All property segments posted lower than average sales for the month, which could be an early sign that demand has weakened. New contract activity is also down relative to the 10-year September average. Despite the slower growth, sales activity, new contracts, and median sales price are all above their September 2011 levels, and in many cases are at multi-year September highs, which indicates a...

Posted on October 10, 2012 by Corey Hart
Oct

10

2012

Persistent declines in active and new listings continue; Low inventory keeping prices above the 10-year average despite cooling demand

OVERVIEW

Activity has cooled in the Washington DC metro housing market as we end September, following typical seasonal market patterns. Closed sales, new pending contracts, and median prices all declined from August, however these indicators remain above September 2011 levels, and in many cases are at multi-year September highs, providing evidence of a stronger market. The median price is the highest September median price in...

Posted on September 19, 2012 by Corey Hart
Sep

19

2012

Sometimes a 2-minute video is the best way to learn how to use something new. We know you're busy. HELP is on the way!  Take a few minutes to watch these quick videos to get the most out of your RBI subscription. Learn how to use RBI information when making listing presentations to sellers, or when presenting purchase contracts for your buyers. Learn how to add value to your website and expand your online presence with relevant facts that answer the question everyone's asking, "How's the market?"  Impress, inform and most importantly, close more business.

Posted on September 18, 2012 by Corey Hart
Sep

18

2012

The nine regional MarketWatch videos for August are now live.  Visit the Videos section to watch and/or embed your region's video.  Here's the Northern Virginia MarketWatch:

market analysis, videos
Posted on September 10, 2012 by Corey Hart
Sep

10

2012

Median price up $29K from a year ago, new contracts at 7-year August high

OVERVIEW

Demand remains strong in the Washington DC Metro housing market in August, as many indicators reach multi-year highs.  Sales rose to their highest August-level in three years, and new contracts reached their highest August-level in seven years.  Prices continue to climb, up year-over-year for the seventh straight month, and their highest August-level in five years.  Low inventory of active and new listings persists, and is playing a major role in the price appreciation.

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