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DC Metro Price and Sales_Dec blog post

RBI Housing Market 2015 Year-End Review

January 13, 2016  |  by Corey

The following analyses of the Washington, D.C. Metro and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of RealEstate Business Intelligence (RBI) and are based on year-end 2015 MRIS housing data. Click here to view the full releases. DC Metro Overview DC Metro home sales reached highest level since 2006. Closed sales up 9 percent annually; Prices gain... Continue Reading

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Economic Forecast for 2016: Slightly Better Than 2015

January 7, 2016  |  by Ellen

The following is a monthly economics column written by Elliot Eisenberg, Ph.D., Chief Economist for RBI.  Looking at 2016, the domestic economic landscape looks solid, albeit unspectacular. The unemployment rate should continue falling, house prices are likely to rise by 5%, and the economy will be led almost entirely by the continuing improvement in household balance sheets, and in conjunction with increased... Continue Reading

DC Metro - Key Trends

RBI November 2015 Update: DC sales up for 12th straight month; Baltimore Contract Activity Reached Highest November Level Since 2004

December 10, 2015  |  by Corey

The following analyses of the Washington, D.C. and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of RealEstate Business Intelligence (RBI) and are based on November 2015 MRIS housing data. DC Metro Overview The Washington, D.C. housing market continued to see solid increases in closed and pending sales in November, with pending sales at the best... Continue Reading

DC Rowhouses

We Want To Know Wednesday: What Explains Logan Circle’s Price Trends?

November 25, 2015  |  by Ellen

RBI has an article over on Inman Local about the softening of prices in the Logan Circle zip code. It doesn’t look like there is a reason to panic, but sales prices are on a downward trend. You can check out more of the hard numbers in the Inman story (free access for MRIS customers who have signed up for... Continue Reading

Rowhouses in Autumn

Baltimore Sees Slight Increase In FHA Loans; No Change In Cash Sales

November 20, 2015  |  by Ellen

In addition to our post about the rise and fall of cash sales and FHA loans for the DC area, we’re also taking a look at what is happening in the Baltimore region. For this RBI used the 130 zip codes in and around Baltimore City. When it comes to cash sales, the vast majority of activity took place in... Continue Reading

Watergate Complex Foggy Bottom DC

DC Area: Cash Sales Show Slight Decline; FHA Loans On The Rise

November 20, 2015  |  by Ellen

RBI/MRIS has released a funding report looking at the rise and fall of two types of funding: cash sales and FHA loans. Using the 153 ZIP codes in and around the DC area, from January through to September of this year, cash sales made up 15% of total sales (a decline of two percent from last year). The ten zip codes with... Continue Reading

Employment

A Closer Look At The Numbers Behind Labor Force Loss

November 12, 2015  |  by Ellen

Economist Elliot Eisenberg, PhD writes a monthly column covering major trends in our economy. This month he dug a little deeper into the statistics behind labor force participation and how many people we should really count as being a part of the labor force.  While the unemployment rate is 5.1% and has fallen smartly since peaking at 10% in October... Continue Reading

KeyTrends-DC

RBI October 2015 Update: Continued Increase in Closed and Pending Sales in D.C. Metro; Baltimore Sees Strong Increases in Sales and Pending Contracts

November 10, 2015  |  by Corey

The following analyses of the Washington, D.C. and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of RealEstate Business Intelligence (RBI) and are based on October 2015 MRIS housing data. DC Metro Overview The Washington, D.C. Metro Area housing market continued to see increases in closed and pending sales in October, with pending contracts at the... Continue Reading

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RBI September 2015 Update: Prices Up Across DC Metro Area, Baltimore Metro Sees Nearly 25% Increase in Pending Contracts

October 12, 2015  |  by Corey

The following analyses of the Washington, D.C. and Baltimore Metro Area housing markets have been prepared by Elliot Eisenberg, Ph.D. of RealEstate Business Intelligence (RBI) and are based on September 2015 MRIS housing data. DC Metro Overview September prices up across DC Metro area, led by 10 percent gains in the district The Washington, D.C. housing market began the fall... Continue Reading

GDP Growth

RBI Chief Economist Elliot Eisenberg Discusses Improving GDP Growth

October 8, 2015  |  by Ellen

RBI’s Chief Economist, Elliot Eisenberg, Ph.D., is back with a look at what types of policies could spur economic growth. With our economy growing slowly for nearly a decade, it’s time to promote policies that will spur growth. While there are always the obvious ones such as reducing government regulation, improving K-12 education and offering investment tax credits to firms,... Continue Reading

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