The median sold price for the Mid-Atlantic region encompassed by Bright MLS reached $450,000 in May, a 3.4% year-over-year increase and the highest level on record. There were 24,153 new contracts on homes in May, a 4.5% increase from one year ago, although closed...
The federal government sold has sold the Waldorf Astoria hotel in Washington, DC, which was originally the Post Office Building, for $80 million. The Wall Street Journal, sourcing its’ coverage from unnamed “people familiar with the matter,” report the sale involves...
Alec Baldwin is back in the real estate news headlines, this time with another price cut on his 8.28-acre Hamptons mansion that no one seems interested in buying. The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022...
The Office of the US Attorney for the Northern District of Illinois has indicted a former director for the Chicago Housing Authority (CHA) and the owner of a Chicago construction company on charges that they ran a multi-million-dollar kickback scheme. The indictment...
Maine’s home sales and home prices held steady during May, according to new data from the Maine Association of Realtors (MAR). A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Both figures were...
Hits and Misses for the Real Estate Week of June 22-26
