Spring home sales in mid-Atlantic are expected to be bright

More than half, 57 percent, of Mid-Atlantic real estate professionals are optimistic this year’s spring home sales market will out due last year.

According to a Metropolitan Regional Information Systems (MRIS) survey of 750 professionals, the entrance…

MRIS reports DC, Baltimore housing conditions for February

Recent existing home sales data for Washington, D.C. and Baltimore suggest it’s a seller’s market in the district and a time for buyers in the Charm City. In February, the District witnessed a number of market conditions that benefit sellers: a favorab…

ShowingTime beefs up its ‘big data’ arm with RBI acquisition

ShowingTime is definitely not just a showing management company anymore. The Chicago-based firm just acquired its second real estate analytics company in less than six months: MRIS subsidiary RealEstate Business Intelligence (RBI) …

January homes sales in DC and Baltimore reach 8-year high

Home sales in DC and Baltimore metros reached their highest levels for a January dating back to 2007. Last month 2,702 homes sold in the Washington, D.C. metro, with 2,073 single-family residences closing in the Baltimore metro, according to market rep…

January homes sales in DC and Baltimore reach 8-year high

Home sales in DC and Baltimore metros reached their highest levels for a January dating back to 2007. Last month 2,702 homes sold in the Washington, D.C. metro, with 2,073 single-family residences closing in the Baltimore metro, according to market rep…

Live Baltimore boasts about city’s low cost of living against DC

It’s not your imagination: as prices heat up in major metros such as Washington, D.C., cities that hug the big metro’s perimeter are ramping up promotional efforts about their towns. Anything from fresh websites to promotional campaigns large and small is part of the mix to sell outlying, lower-cost area to potential homebuyers is fair game …

MRIS forecasts DC and Baltimore home sales activity spikes this year

In the Washington, D.C., and Baltimore metros, single-family housing conditions in 2016 should closely mirror last year. This means DC and Baltimore home sales activity should continue to increase. Home values are expected to increase slightly in DC an…

DC housing market steady despite the season

The DC metro market keeps on sprinting forward in a pace that it has maintained for well over a year, even overcoming a seasonal blip seen in the RealEstate Business Intelligence (RBI) month numbers for October. In November, RBI noted that 3,347 sales closed for a 10.2 percent year-over-year gain. That’s a more than likely seasonal drop from the 3,871 sales that closed in October. But, that’s still good for the 12th consecutive month of year-over-year gains …

Will D.C. see more for-sale townhome developments?

In a number of D.C. neighborhoods the majority of newly-built housing has been rental product, but with more $1 million-plus home sales occurring it now seems for-sale developers are ready to re-enter the fray. Lock 7 Development is under construction …

DC median sales price takes a tiny dip

The DC metro market keeps on with the exhausting pace that it has maintained for well over a year. In October, 3,871 sales closed, a 2.3 percent year-over-year increase, and the 11th consecutive month of year-over-year increases. …