Topic: Housing Market Climbing Back Toward Stability in Mid-Atlantic Region
RealEstate Business Intelligence (RBI), an MRIS, Inc. company, just released its August 2010 statistics that show another month of continued stabilization in the Mid-Atlantic real estate market. Data from the report suggests that home prices and days on market are experiencing positive changes as the summer selling season nears its close.
Homes spent an average of 16.5 percent fewer days on market compared to August 2009, dropping from 97 days to 81 days.