Posted on January 11, 2011 by Corey Hart



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 December 10, 2010 by Corey Hart



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.


Posted on November 10, 2010 by Corey Hart



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.

Posted on October 10, 2010 by Corey Hart



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.

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