Dec
2010Jonathan 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.
In reviewing this new data, I am seeing a couple interesting data points for the region:
Here is an audio analysis of the RBI data.
In addition to region-wide trends, here are what local communities are seeing:
For a full report on all jurisdictions in the MRIS region, check out www.rbintel.com/statistics.