Subdivision data gives these real estate professionals the ability to talk about very granular housing trends with clients and gives them a new tool to promote their expert knowledge in the exact areas they cover to help them do their job even better.
Rockville, MD (PRWEB) March 26, 2014
MRIS, the industry-leading Mid-Atlantic Multiple Listing Service (MLS) that facilitates nearly $125 million a day in real estate transactions, announced today that its subsidiary, RealEstate Business Intelligence (RBI), has launched city and subdivision housing statistics for rbiEXPERT customers.
With the addition of city and subdivision data, rbiEXPERT customers can now see critical housing market trends for over 600 cities and 7,500 subdivisions. Subdivisions include 4,100 advertised subdivisions, based on what the area is locally known as, and 3,500 legal subdivisions, based on tax records. To be included in the RBI statistics, subdivisions had to have at least 12 sales in the past two years. RBI also offers housing statistics, such as new listings, active listings, new pending sales and closed sales, for the county and ZIP code level.
“Real estate is an incredibly hyperlocal business. We’ve had many customers ask for housing statistics in the specific neighborhoods they serve,” said Jonathan Hill, President at RBI. “Subdivision data gives these real estate professionals the ability to talk about very granular housing trends with clients and gives them a new tool to promote their expert knowledge in the exact areas they cover to help them do their job even better.”
rbiEXPERT customers can compare critical city statistics to one another with RBI’s Geo Compare function. Geo Compare, which plots core housing statistics on bar or line graphs, enhances the ability to see how a city’s real estate market is trending compared with up to four other geographies. These graphs can be embedded on customers’ websites or shared with prospective clients.
Additionally, RBI now offers a simpler location search for all users. From the RBI statistics homepage, users may type in their search for housing data by region, county, city, ZIP code or subdivision. Previously, users had to select the region from a list of multiple dropdown menus.
To learn more about rbiEXPERT and to get all of the housing stats for the mid-Atlantic, please visit http://www.rbintel.com/statistics.
About RealEstate Business Intelligence, LLC
RealEstate Business Intelligence, LLC (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. The full monthly data report for all jurisdictions in the MRIS region, along with interactive charts and graphics, can be found at http://www.rbintel.com/statistics. RBI is the only company in the Mid-Atlantic region that provides timely, online access to statistical information directly from the MRIS Multiple Listing Service (MLS). Visit rbintel.com or http://www.facebook.com/rbintel to learn more.
MRIS is Real Estate in Real Time™. We’re a leading provider of real estate information technology and services, and are frequently ranked among the most productive Multiple Listing Services (MLS) in the nation, facilitating over $45 billion in system wide sales in 2013. In its core market, MRIS supports over 45,000 real estate professionals spanning the Mid-Atlantic region, including Maryland, Northern Virginia, Washington, D.C. and parts of Pennsylvania, Delaware and West Virginia. MRIS provides a portfolio of technology solutions and proprietary databases for real estate professionals, as well as broker and agent software products and an industry-leading consumer portal, MRIShomes.com (formerly HomesDatabase). In addition, the CURE Solutions Group, a subsidiary of MRIS, provides proprietary back-end technology to other MLS systems, serving nearly 180,000 customers each day. Visit MRIS at MRIS.com and our web based TV station, mrisTV.com. “Like” us on Facebook/MRISonFB, follow us on Twitter, @MRIS_REal_News and be sure to visit MRISblog.com for real-time news and company updates.