July Market Update from RBI

Another new market report is out. The report was put together by RealEstate Business Intelligence and GMU Center for Regional Analysis from July 2013 MRIS data. The report covers the Baltimore area as well as the DC-Metro area. Both markets saw continued growth in some key areas as demand in both areas remained high.

Click on the link below to view the reports including charts and month to month and year to year comparisons.

RBI July Market Update: DC Sees Third Month of Double-Digit Price Growth, Baltimore Growth Trend Continues Throughout Metro Region

RE/MAX August National Housing Report

Full August Housing Report

Video: Home Affordability Still High

Video from MRIS "RE IQ: Value of a Real Estate Professional"

Have you ever wondered why you need an agent in our modern age of freely available information? Here's a great little video talking about the value that clients get from their real estate agents. With all the information available online today, today's consumers are much more savvy, but real estate agents are not obsolete. The professional expertise they bring to the table cannot be overlooked. Watch the video below to find out more.

President Obama's New Housing Plan

Click here to view this infographic in full on WhiteHouse.gov

President Obama recently outlined his plan for to continue growing the housing market. His plan consisted of efforts in three main areas:

• Offer a better bargain for responsible homeowners
• Reform the housing finance system
• Make mortgages safe and simple

While the housing market has bounced back in many areas, there are still places where it's lagging. It will be interesting to see when and how the President's new plan will be implemented and how it will affect the market.

The President of the National Association of Realtors offered his take on the plan at realtor.org. Click here to read that article
What do you think? Will this plan help lagging markets? Will it further boost already growing areas? Will it fulfill the President's goal of "Protecting the American Dream" of middle class homeownership?
Real estate professionals everywhere will be following this as it develops and as these plans take a more definite shape.

Maryland Real Estate by Pamela DuBois: Inventory for homes is low - time is great for sel...

Maryland Real Estate by Pamela DuBois: Inventory for homes is low - time is great for sel...: I think this is a good article to help with what is going on with the Washington DC Real Estate market.   http://www.washingtonpost.com/bu...

Inventory for homes is low - time is great for sellers again!!!

I think this is a good article to help with what is going on with the Washington DC Real Estate market.  

http://www.washingtonpost.com/business/economy/washington-area-homes-fly-off-the-listings-fast/2013/07/26/43245ae8-e8bf-11e2-aa9f-c03a72e2d342_story.html?hpid=z2