Posted on July 11, 2011 by Corey Hart
Jul

11

2011

We're proud to introduce the Local Market Insight report, a monthly installment that replaces the Monthly Summary reports. Click here for an example or go to the Reports tab on any county page to find the new report.

NEW features of the report include:

features, rbiPRO
Posted on June 21, 2011 by Corey Hart
Jun

21

2011

Visit the Videos tab to embed the most recent month's MarketWatch video (if you haven't already embedded the auto-updating version on your site). This month we've posted all 9 videos below.

 

Baltimore Metro

 

Northern Virginia

 

videos
Posted on June 15, 2011 by Corey Hart
Jun

15

2011

MRIS President and CEO David Charron contributed his perspective on the value of local real estate data with Inman News. 

A few of our favorite points:

rbiPRO
Posted on June 10, 2011 by Corey Hart
Jun

10

2011

May Pending Sales Show Seasonal 0.7% Rise From April; 53.7% Year-Over-Year Surge Reflects Last Year’s Lull After Tax Credit Deadline. Median Sales Price Rises Higher At Second Slowest Rate Year-To-Date In Decade

Rockville, MD (June 10, 2011) – The following analysis of the Baltimore Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the May 2011 RBI Pending Home Sales Index™ released today:

 

View PDF version of this press release

OVERVIEW:

Buyers and sellers signed 2,731 contracts in the month of May, 0.7% more than in April and 53.7% more than during the same month last year.  The month-over-month increase in newly signed contracts was consistent with seasonal trends but the year-over-year spike was an anomaly as a result of last year’s 48.7% April to May drop in pending sales after the April 30 federal homebuyers tax credit-related contract signing deadline expired.  While the median sales price increased 3.2% to $221,950 in May 2011 from the prior month, it remained 5.1% below the median sales price of $234,000 in the same month last year.  Median sales has edged 5.7% higher since January, the second lowest rate of increase in a decade.

 

 

Posted on June 10, 2011 by Corey Hart
Jun

10

2011

May Pending Sales Show Seasonal 6.5% Rise From April;  43.1% Year-Over-Year Surge Reflects Last Year’s Lull After Tax Credit Deadline. Median Sales Price Rises 5.9% To Last Summer’s Levels

Rockville, MD (June 10, 2011) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by housing market expert Jonathan Miller of Miller Samuel, based on the May 2011 RBI Pending Home Sales Index released today:

 

View PDF version of this press release

 

OVERVIEW

There were 5,506 new purchase contracts signed in May 2011, 6.5% more than the 5,170 total in the prior month and 43.1% more than the 3,849 total during the same month last year.  However, the year-over-year jump in new pending sales overstates the consistent improvement in the Washington, D.C. metro area housing market.  In May of 2010 the contract signing deadline for the federal homebuyers tax credit had just expired and pending sales had fallen sharply because they had been “stimulated” to higher levels in the preceding months.  Median sales price continues to show seasonal stability, rising 5.9% in May 2011 to $353,606 – 5.9% higher than April 2011 and 3.5% higher than May 2010.

 

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