Posted on April 11, 2011 by Corey Hart
Apr

11

2011

March Signed Contracts Jump 34.3% Over February; Median Sales Price Rises 3.2% Year‐Over‐Year

Rockville, MD – (April 11, 2011) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller, based on the March 2011 RBI Pending Home Sales Index™ released today:

 


OVERVIEW:

Pending home sales jumped 34.3% month‐over‐month as the Washington, DC metro area entered the “spring market” with 5,432 signed contracts, the highest number for the month of March since 2006. The March total exceeded the federal homebuyers tax credit‐fueled total reached in the same month last year. With three consecutive months of increased pending sales activity, median sales price showed a seasonal increase of 6.7%, the first month‐over‐month increase since last October.

 

 

Posted on March 18, 2011 by Corey Hart
Mar

18

2011

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Posted on March 10, 2011 by Jonathan Miller
Mar

10

2011

 

Posted on March 10, 2011 by Jonathan Miller
Mar

10

2011

Posted on March 10, 2011 by Corey Hart
Mar

10

2011

RBI Pending Home Sales Index™ Reports a 33 Percent Jump Year-Over-Year; Home Prices Slip

Rockville, MD – (March 10, 2011) – According to data released today by RealEstate Business Intelligence (RBI), an MRIS company, the Washington, DC metro area housing market showed the largest year-over-year increase in pending home sales although housing prices remained weak.

 

“There was a 33 percent year-over-year increase in the number of contracts signed in February, the largest increase in more than a decade,” says housing market expert and RBI analyst Jonathan Miller. “The number of signed contracts remains 13.7 percent below the ten year average but activity has begun to expand.  Unusually restrictive mortgage lending conditions continue to keep housing prices in check.” 

 

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