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More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region

More Closed Sales, Fewer Pending Sales Across Mid-Atlantic Region

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region covered by Bright MLS recorded 21,407 closed sales during July, a 4% year-over-year upswing. However, there were fewer new pending sales last month – a total of 20,366, 2.3% lower than July 2025. This decline occurred despite a 12.7% surge in...
California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit

California Realtors-Backed Group Sues 3 Cities for Limiting Housing Near Transit

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Californians for Homeownership, a nonprofit organization sponsored by the California Association of Realtors (CAR), has filed lawsuits against the cities of San Diego, San Francisco, and Montebello that accuse the municipalities of trying to impose limits on a new...
Report: Prince Harry and Meghan Not Planning to Sell California Mansion

Report: Prince Harry and Meghan Not Planning to Sell California Mansion

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The announcement by Prince Harry and Meghan Markle that they are returning to the UK created surprise on both sides of the Atlantic. However, the royal couple do not plan to sell their California home to settle permanently in the UK. Harry and Meghan came to...
Home Purchase Cancellations at Highest Level in Nearly 3 Years

Home Purchase Cancellations at Highest Level in Nearly 3 Years

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from Redfin has found 14% of home sale agreements that went under contract in July were cancelled, up 13.7% from June. Last month’s cancellations marked the highest share in nearly three years on a seasonally adjusted basis. Redfin noted the deals...
Pennsylvania Home Sales Slowed in July

Pennsylvania Home Sales Slowed in July

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania recorded 11,700 home sales in July, a 10% decline from the prior month and a nearly 4% year-over-year drop. According to data from the Pennsylvania Association of Realtors (PAR), the slowdown in sales came amid 45,944 listings on the market, nearly the...
Stark Enterprises Unveils Plans for First Community in Iowa

Stark Enterprises Unveils Plans for First Community in Iowa

by Phil Hall | Aug 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Stark Enterprises, a Cleveland–based real estate developer, has expanded its residential portfolio into Iowa with Blue Creek Village, a new rental home community in the Des Moines suburb of Grimes. Blue Creek Village will feature 164 ranch-style residences across...
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