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RealEstate Business Intelligence, LLC (RBI) is a wholly owned subsidiary of Metropolitan Regional Information Systems, Inc. (MRIS).   RBI is a primary source of real estate data, analytics and business intelligence for real estate professionals with business interests in the mid-Atlantic region.  

RBI produces market videos for eight regions in the Maryland, DC, Virginia, West Virginia and Pennsylvania area. Each video is about 2 minutes long and reviews basic statistics about the region.

It's Time To Buy Again "Forget stocks. Don't bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing."  -Fortune Magazine 4/2011 Click Here to Read The Full Article

Case-Shiller Index: Washington Metro #1

Once again the Washington Area real estate market has topped the Case-Shiller home price index.

According to this most recent report, released November 30th, average home prices in the DC area have increased 4.5% from just a year ago. 
With an index of 188.79, our local market is the highest of any metro area in the country.

It is important to understand how the Case-Shiller Index works and what this number actually means.  Home prices in the 20 biggest metro areas in the U.S. are tracked.  The Case-Shiller indices have a base value of 100 back in January of 2000.  If an area has an index of 120, then home prices have appreciated 20% since the year 2000.

With an index of 188.79, Washington area home prices have appreciated almost 90% since January of 2000.

Click Here To View The Full Report