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January ’17 Housing Market Update: January home sales hit ten-year highs in both Baltimore and DC Metro areas

February 10, 2017  |  by Jonathan Hill

The following analyses of the Washington, D.C. and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of ShowingTime and are based on January 2017 MRIS housing data. DC Metro Overview Click here to view PDF version of this report OVERVIEW January 2017’s median sales price of $390,000 was up $14,500 or 3.9% compared to last year. ... Continue Reading

Maryland

MRIS Highlights The Strong Maryland Market For Washington Post

April 12, 2016  |  by Ellen

Last week MRIS tackled the topic of Washington D.C. housing trends for the Post, and this past weekend it was Maryland’s turn. Jonathan Hill, VP of Marketing & Communications, provided data and analysis of the increased competition for buying a home here, with places like Montgomery County and Prince George’s County seeing large increases in the number of closed sales.... Continue Reading

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Elliot Eisenberg: How The Government Could Prevent Another Recession (If It Ever Needs To)

April 7, 2016  |  by Ellen

The following is the monthly column by RBI Chief Economist Elliot Eisenberg, Ph.D. This month he tackles the question of the tools the U.S. government could rely on in case we start moving toward a recession. He’s not saying there is a recession looming, but just in case we ever get close to one, this is how the government could... Continue Reading

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MRIS Region Sees Increase In Closed Sales As Numbers Drop Nationwide

March 22, 2016  |  by Ellen

Yesterday many news outlets covered the story that the number of closed sales dropped by 7.1% nationally for the month of February and, more alarmingly, 17.1% in the Northeast (both figures are comparisons to February of 2015). The MRIS region saw the opposite trend, with closed sales continuing to see double-digit increases compared to last year. As the chart above... Continue Reading

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Why There Will Be No Recession In 2016

March 7, 2016  |  by Ellen

The following is a monthly economics column written by Elliot Eisenberg, Ph.D., Chief Economist for RBI.  Despite all the news to the contrary, the US economy is in pretty good shape, better than the financial pundits think. Sure, the stock market has taken a battering of late, exploration and production activity in the oil patch has been declining, and exports are performing... Continue Reading

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MRIS/RBI Real Estate Predictions For Anne Arundel County, Eastern Shore

March 4, 2016  |  by Ellen

If you have clients interested in properties in Anne Arundel County or the Eastern Shore areas, this article in What’s Up magazine goes into great detail about what the market looks like there now and what is most likely to happen in the coming year. Jonathan Hill, MRIS Vice President of Marketing & Communications, shared some RBI statistics about the... Continue Reading

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Why There’s No Housing Bubble In Sight

February 15, 2016  |  by Ellen

Elliot Eisenberg, Ph.D., Chief Economist for RBI, writes a monthly column on the latest topics impacting our economy. This month he tackles the possibility of a housing bubble happening in the near future.  House prices are once again regularly in the news and have been rising for 43 straight months. In cities such as Boston, Denver and San Francisco, prices today... Continue Reading

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Hear Why Elliot Eisenberg Is Optimistic About The Housing Market

February 4, 2016  |  by Ellen

At Inman Connect NYC last week RBI Chief Economist Elliot Eisenberg gave a talk on the health of the economy and what that means for real estate in 2016. Overall he’s pretty optimistic and he has the data to prove why. In his talk, Elliot covered the main pieces of the puzzle such as consumer spending, consumer debt, interest rates, gas prices,... Continue Reading

Greening the MLS

A Closer Look At The Rising Demand For Eco-Friendly Homes

January 27, 2016  |  by Ellen

Last year we released the results of a joint study about the role of eco-friendly homes within Washington D.C. and now one of the partners of the study has released a more detailed report that drills down even further. The Washington Post talked to some of the homeowners in the study as well as developers who build or retrofit these high performance... Continue Reading

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