Posted by Jonathan J. Miller -Thursday, March 17, 2011, 3:39 PM
It’s time to share my Three Cents Worth on Curbed DC, at the intersection of neighborhood and real estate in our Nation’s capitol.
…As a Manhattan real estate appraiser who grew up in the Washington, DC metro area, I thought it would be appropriate to link the two markets in my inaugural Three Cents Worth DC column for Curbed. One of the things that seems to be missing from the DC metro area housing market discussion is some historical context…
Three Cents Worth: Who Has The More Resilient Market: Washington Or New York?
[Click to expand and read full post on Curbed DC]
Curbed DC Three Cents Worth Archive
Curbed NY Three Cents Worth Archive
Posted by Jonathan J. Miller -Monday, March 14, 2011, 1:05 PM
[click to open release]
These days I have added reporting on the DC and Baltimore housing markets to our suite of market research – this time for RealEstate Business Intelligence (RBI), the research, analytics arm of MRIS, the largest MLS in the country.
I grew up in that region of the country and it’s been fun to analyze it. What got me excited about the index I created is the fact that it is released about 3-4 weeks sooner than NAR’s version and is 5-6 months faster than the point where contracts are signed for the Case Shiller Index and the FHFA Home Price Index.
Here is the DC headline from March release (February results):
“There was a 33 percent year-over-year increase in the number of contracts signed in February, the largest increase in more than a decade,” says housing market expert and RBI analyst Jonathan Miller. “The number of signed contracts remains 13.7 percent below the ten year average but activity has begun to expand. Unusually restrictive mortgage lending conditions continue to keep housing prices in check.”
View the release and listen to the podcast below.
Posted by Jonathan J. Miller -Friday, February 4, 2011, 9:57 AM
As I expand my market research to the Washington DC and Baltimore housing markets (market reports coming soon) for MRIS, the largest MLS in the US and their research group, RealEstate Business Intelligence (RBI), I am dropping in on their blogs fairly regularly to share my thoughts, ranging from the technical to the whimsical.
Today I “employ” some housing related census data thoughts on the DC market:
Washington DC Metro Shows Largest Over-The-Year Employment Increase
[click to read MRIS post]
Posted by Jonathan J. Miller -Thursday, October 14, 2010, 1:24 PM
Well it’s official.
Here’s the press release.
MRIS, the largest MLS in the country, approached me to analyze the housing market in their region citing my neutrality and clarity. Since I grew up in the region, it’s almost like going home.
There is a new source for credible and timely real estate information in the Washington, D.C. metropolitan region, thanks to a new alliance between real estate industry expert Jonathan Miller and MRIS. Miller will serve as a spokesperson for RBI, a wholly owned subsidiary of MRIS, and will offer regular commentary and insight on real estate trends and analyses, specifically on RBI-released data.
Here are some of their vital statistics. They manage the cleanest data set I have ever seen.
Nothing changes for me in New York City metro area – in fact – I plan to expand our reporting reach here. The market report series I author for Prudential Douglas Elliman continues as it has since 1994 – what could be more fun?
Also a huge hat tip to Dottie Herman for championing my emphasis on neutrality in market reporting from day one.