The launch is an expansion of the Long & Foster Market Minute reports, which include units sold, active inventory, median sale price, months of supply, new listings, new contracts, list-to-sold price ratio, and days on market.
The reports previously only covered about 100 counties in the Mid-Atlantic region and now covers more than 500 ZIP codes. The reports use data from the nation’s largest MLS, Rockville, Md.-based Metropolitan Regional Information Systems Inc. (MRIS). Consumers can sign up for a free subscription to receive a report for their county or ZIP code every month.
Jeffrey S. Detwiler, president and chief operating officer of The Long & Foster Companies, said in a statement, "The expansion of the Long & Foster Market Minute reports to neighborhood-level data means that consumers can clearly see not only what’s happening in their counties, but also in their local area."
Long & Foster also recently launched free wireless Internet service for its offices.