Posted on March 03, 2011 by Jonathan Miller
Mar

03

2011

Posted on March 03, 2011 by Jonathan Miller
Mar

03

2011

Posted on March 02, 2011 by Corey Hart
Mar

02

2011

2010 Year End Stats are here! If you haven't already, check out RBI's analysis of the 2010 Baltimore Metro and DC Metro areas. As MRIS has done in the past, we have published county-by-county year end reports, though you'll notice new formatting. Another critical difference - we leveraged a cleaner methodology in generating the stats in these reports (as detailed in a previous post) as well as all historical reports going back to 1997. Finally, we've added the year end reports for each of the multi-county associations that currently have standalone pages on our site. See below for more information on where these reports are located.

features, Year-End Stats
Posted on March 02, 2011 by Corey Hart
Mar

02

2011

RBI Year End Report Indicates Housing Prices Edge 2 Percent Higher as Properties Sell Faster

Rockville, MD (March 2, 2011) – RBI, the primary source of real estate data, analytics, and business intelligence for real estate professionals in the Mid-Atlantic region, today released its 2010 year end statistical analysis for the Washington, DC metro housing market. The market area includes: Washington, DC; Montgomery County; Prince George’s County; Alexandria City; Arlington County; Fairfax County; Fairfax City; and Falls Church City.

 

“After a roller coaster ride in home sales caused by the federal homebuyers tax credit, the Washington, DC metro area housing market ended the year with about the same number of sales for 2010 as occurred in 2009,” said noted housing market expert and RBI analyst Jonathan Miller.  “Despite improved affordability from record low mortgage rates and housing prices below the peak levels of a few years ago, conservative mortgage underwriting, as evidenced by the 35 percent year-over-year increase in cash purchases, continues to keep the housing market improvement in check.”

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Posted on March 02, 2011 by Corey Hart
Mar

02

2011

New RBI Report Shows Higher Priced Detached Housing Outperforms Attached Housing Market

Rockville, MD (March 2, 2011) –  RBI, the primary source of real estate data, analytics, and business intelligence for real estate professionals in the Mid-Atlantic region, today released its 2010 year end statistical analysis for the Baltimore metro housing market. The market area includes: Baltimore City, Baltimore County, Anne Arundel County, Carroll County, Harford County, and Howard County. 

 

After numbers were tallied for 2010, units sold fell short of the 2009 total but remained relatively consistent with levels of the prior two years,” said noted housing market expert and RBI analyst Jonathan Miller.  “Because unit sales were at about half the peak levels of 2005, overall prices continued to slip.  Lower unit sales resulted from a weak employment picture and conservative mortgage lending.  There was a drop in unit sales and prices in the attached housing market sector as a result of the expiration of the federal homebuyer tax credit. In contrast, detached property prices edged higher as unit sales remained flat.”

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