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 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.

 

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.

Posted on November 05, 2010 by Corey Hart
Nov

05

2010

Our mapping solution partner, Digital Maps Products (DMP), issued a press release describing the dynamic ways in which we are leveraging their SpatialStream™ development platform. “We’re thrilled to be working with a company that recognizes the immense value mapping brings to analytics,” Digital Map Products CEO Jim Skurzynski was quoted as saying in the release. “RBI is taking real estate analytics and visualization to new levels and embodies the new, data-driven direction of real estate. SpatialStream™ is ideal for innovators like RBI because it allows them to rapidly evolve their products without needing to build a core competency in spatial technology.”

Click here to view the full press release.

maps, partners, press release

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