June 13, 2013 | by Ellen
The Washington Post Real Estate Section has just published an article looking at what types of houses are for sale in the $750,000 price range in the DC area. MRIS/RBI contributed data for the piece as well as commentary from our Chief Marketing Officer, John L. Heithaus. The DC area housing market is known to be one of the more... Continue Reading
May 16, 2013 | by Jess
Earlier this week, MRIS Chief Marketing Officer John L. Heithaus sat down with NewsChannel8’s Bruce DePuyt to talk about the state of the DC market. Watch the full interview here.
February 20, 2013 | by John Heithaus
Recently, Zillow’s CEO was on Bloomberg and this chart popped up. The analysis is done by Clarity Consulting and I’m not privy to their data methods or accuracy. But what jumped out to me, aside from the huge accuracy variances, is the assertion that only 72% of AVM estimates in the DC market are within 10% of the eventual sales... Continue Reading
January 25, 2013 | by John Heithaus
Here’s a reprint of a very interesting article by Rhonda Porter+. Full article here. Thanks to our friend Jonathan Miller for the article. “Today the CFPB released the “ability-to-repay” and “qualified mortgage” rule which is set to go into effect next year on January 10, 2014. These new laws will require that lenders consider a borrowers ability to repay a mortgage.... Continue Reading
January 21, 2013 | by John Heithaus
Our friends at Business Insider have prepared a great slide show on the many technological innovations at work to make the “home of the future.” Get the article and slide show HERE. From wifi lightbulbs to smart phone controls to robots and “smart” appliances and entertainment systems, the future is indeed here today. Have a look and enjoy!
January 17, 2013 | by John Heithaus
Must Read! The smart folks at NAR have developed a research alliance with Google to add some very powerful insight into the NAR 2012 Home Buyer and Seller Profile. The Digital House Hunt: Consumer and Market Trends in Real Estate is a joint report from NAR and Google that examines the connection between consumer Internet use and online home search... Continue Reading
January 15, 2013 | by John Heithaus
Check out this informative update from NAR on what’s clearly one of the hottest topics in the industry. You can access the full article here. Highlights: Four provisions of H.R. 8, the legislation passed to avoid (for now) the so-called “fiscal cliff” apply to residential real estate. The industry breathed a collective sigh of relief when the mortgage interest deduction was left... Continue Reading
January 11, 2013 | by John Heithaus
From our friends at Business Insider comes this very interesting piece about the future of retail marketing on the web via predictive technologies and “inference engines” that “assist” us to make purchases and decisions based on our activity and, then on algorithms. Get the full article here. Here’s a summary: “Within a few years, you will happily reveal the most intimate details about yourself to... Continue Reading
January 7, 2013 | by John Heithaus
Check out this $20 tablet being sold in India! HERE It’s not the best quality (duh!) but imagine, if you will, Realtors® giving these out to their “serious” customers, branded and ready to rock? Crazy or what?
January 1, 2013 | by Jess
Happy New Year from MRIS! We are so excited to ring in 2013 with you! In honor of the holiday, below is an excerpt from a recent interview between MRIS Chief Marketing Officer John L. Heithaus and Amy Rose Dobson of Curbed DC on the subject of housing trends for our area in 2013. To read the full interview, click... Continue Reading