We are excited to announce the availability of new reports, exclusively for RBI customers, designed to help you better explain market trends to your buyers and sellers.

Here is a snapshot of the new reports available now:

New Local Market Insight Reports

Previously only available at the County Level, these are now be available from Region to ZIP code. See examples:

Mid-Atlantic (MRIS-wide) - Available to all visitors

Region - Available to all visitors

County - Available to all visitors

ZIP Code - Exclusively for rbiPRO and rbiEXPERT

New Local Market Insight Reports - By Home Type

New reports containing key trends, infographics, and new narrative pertaining to a specific home type (e.g. condo/coop, detached, or townhouses). Examples:

Detached Properties - Exclusively for rbiEXPERT

Townhouse Properties - Exclusively for rbiEXPERT

Condos & Coops - Exclusively for rbiEXPERT

New Detailed Reports with Quarterly, Year End, and YTD Options

RBI will continue to provide the monthly Detailed Reports at all geo-levels.   We will continue providing the year-end reports for all MLS counties as MRIS has done in years past.  But we've added new Year End reports at the MLS, Region & ZIP level exlusively for RBI customers, as well as new Quarterly & Year-to-Date (YTD) reports. Examples:

Year End County - Available to all visitors

Year End ZIP & Region - Exlusively for rbiPRO and rbiEXPERT

Year to Date - Exclusively for rbiPRO and rbiEXPERT

Quarterly - Exclusively for rbiPRO and rbiEXPERT

Foreclosed Inventory & Sales Continue to Decline

Rockville, MD –(February 10, 2012) – 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 January 2012 RBI Pending Home Sales Index™ released today.

View PDF version of this release

OVERVIEW

Inventory levels continue to shrink in the Washington, D.C. Metro Area compared to years past, with only 10,095 active listings representing the lowest January level since 2005. Against this backdrop of reduced inventory, the number of contracts signed in January still managed to outpace the five-year January average by a sizable 22.0%. Foreclosed inventory is down sharply year-over-year with 67.2% fewer foreclosed properties for sale at month’s end compared to January 2011. The average sold price per square foot for foreclosed properties in January was less than half the $289 price per square foot level for traditional sales.