Act now to save in 2012!

RBI is pleased to announce a discounted Annual Subscription option for rbiEXPERT. The standard rate for the Annual Subscription will be $299.90 (12 months for the price of 10) starting January 1st, but for the rest of this year the price is $269.91. That’s 12 months for the price of 9 -- 25% off!.

Sign up for rbiEXPERT Annual

Current rbiPRO customers

rbiPRO subscribers can upgrade to the annual rbiEXPERT option to take advantage of this great discount. While the current monthly rate for rbiPRO is $19.99, this $269.91 offer for rbiEXPERT averages out to $22.49 per month - a difference to you of only $2.50!  You’ll now have smartphone access to Stats Where You’re At with rbiMOBILE and be able to compare up to 5 areas on a single Interactive Chart.  And coming very soon, rbiFOCUS, a new feature exclusively for rbiEXPERTs will give you the ability to combine multiple criteria (year built, house type, beds, price, lot size, zip, waterfront, etc.) to get the specific trend you’re looking for.

Once you confirm the upgrade, you will be credited a prorated amount for whatever is left on your current month's subscription and charged the remainder of the $269.91 (or $286.10 with tax for DC customers).

Upgrade to rbiEXPERT Annual

Current rbiEXPERT customers

Fret not existing rbiEXPERTs, you too can take advantage of these savings. To switch over to the annual plan and get your 3 free months, be sure you're logged in and the link below. Once you confirm the change over to the annual subscription, you will be credited a prorated amount for whatever is left on the current month's subscription and charged the remainder of the $269.91 (286.10 with tax for DC customers).

Switch to rbiEXPERT Annual

Highest November Contract Activity in 5 Years, Inventories Continue to Shrink

Rockville, MD –(December 12, 2011) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by RealEstate Business Intelligence (RBI), and is based on the November 2011 RBI Pending Home Sales Index™ released today.

View PDF version of this release

OVERVIEW

The number of contracts signed in the Washington, D.C. metro area for the month of November outpaced the 5-year November average pace by 23.3%.  While month-over-month sales usually decline at this time of year in this market, with a 10 year average drop of 6.2% , there was actually a 3.9% month-over-month increase in closed sales this November. Median sales price also showed an improvement over seasonal patterns,  increasing 4.7% from October to $335,000, whereas the 10 year average change is a nominal 0.3% increase month-over-month. While the median sales price showed some resilience, due in part to a 13.6% decline in foreclosed sales from October, it slipped 3.0% year-over-year from November 2010.