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MRIS subsidiary RealEstate Business Intelligence rolls out housing stats by city, subdivision

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RealEstate Business Intelligence, a subsidiary of one of the largest multiple listing services in the nation, has rolled out housing statistics for more than 8,000 cities and subdivisions in the Mid-Atlantic region. RBI provides statistical information gleaned from the MLS of its parent company, Metropolitan Regional Information Systems Inc. (MRIS). Now, customers of its rbiEXPERT service will be able to view housing market trends from more than 600 cities and 7,500 subdivisions, all of which must have had at least 12 sales in the past two years to be included. "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, in a statement. "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 hel...