Posted on January 13, 2011 by Corey Hart
Jan

13

2011

Rockville, MD - (January 13, 2011) RealEstate Business Intelligence (RBI), an MRIS company, launched its inaugural RBI Pending Home Sales IndexTM [Washington, DC Metro Area], a two-year moving window on the housing market tracking pending sales and average sales prices. The results include pending sales from December 2008 through and including December 2010 in order to provide a robust scope of the local market starting at the first major dip in the current cycle. The two-year index shows housing prices are stable (after months of unsteady market conditions) and more importantly, pending sales activity is returning to normal seasonal patterns. The market area includes: Washington DC, Montgomery County, Prince George’s County, Alexandria City, Arlington County, Fairfax County, Fairfax City and Falls Church City.

Posted on January 11, 2011 by Corey Hart
Jan

11

2011

Rockville, MD – (January 11, 2011) – According to data released recently by RealEstate Business Intelligence (RBI), an MRIS company, the Baltimore housing market continued downward at the close of 2010. To continue tracking the local housing market and provide a relevant look ahead for real estate professionals and consumers, RBI announced its inaugural RBI Pending Home Sales Index™ [Baltimore Metro Area], a two-year moving window on the housing market using pending sales and average sales price. The results include pending sales through and including December 2010. The market area includes: Baltimore City, Baltimore County, Anne Arundel County, Carroll County, Harford County and Howard County.

Posted on January 04, 2011 by Corey Hart
Jan

04

2011

You may have noticed a new function on the right-hand side of each Interactive Chart – ‘Compare to Past’. We integrated this feature into the rbiPRO/EXPERT experience and it can also be previewed by non-subscribers on the Mid-Atlantic page (scroll down to the Interactive Charts tab).

This new function provides yet another way of comparing monthly trends and is especially useful in pointing out when a given month really bucks the historical, seasonal trend. As an example, here's a chart showing how Pending Sales peaked earlier than usual this year as a result of the First Time Homebuyer Tax Credit:

 

Posted on January 01, 2011 by Corey Hart
Jan

01

2011

We're proud to announce the launch of our second subscription option - rbiEXPERT. Building on the foundation of rbiPRO and retaining all of its features as well, rbiEXPERT provides detailed statistical analysis for multiple geographies found nowhere else in this price range. Available at $29.99 a month, rbiEXPERT sets itself apart from rbiPRO by focusing on the context of a given micromarket and how it compares to its "parent" market(s) or "sibling" markets.

In our initial release, rbiEXPERT provides the ability to compare up to five geographies in a single view. Additionally, users can drill down on how a given stat (e.g. SP to LP ratio) is trending for a particular home type/criteria (e.g. Detached homes or 4 BR homes) across several areas. In addition to the line or bar view, customers can also export the data to Excel sheets with just one click. Embedding an rbiEXPERT graph on your website with ZIP Codes you farm instantly positions you as the local market expert.

Example

 

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.

 

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