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.” 

 

Posted on March 10, 2011 by Corey Hart
Mar

10

2011

Rockville, MD (March 10, 2011) – According to data released today by RealEstate Business Intelligence (RBI), an MRIS company, the Baltimore metro area housing market showed gains in pending home sales in the first two months of 2011, reaching its highest level since April 2010 when the federal homebuyer’s tax credit expired.  However, housing prices have declined to levels last seen in 2004.

 

“Pending home sales increased 25.1 percent year-over-year in a manner consistent with seasonal expectations year to date in 2011,” says noted housing market expert and RBI analyst Jonathan Miller.  However, median sales price in February fell 9.5 percent from the same month last year.  The economic challenges of tight credit and above average unemployment levels continue to press housing prices lower.”

 

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