The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...
Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...
Texas Gov. Greg Abbott has proposed a “taxpayer empowerment plan” designed to lower property taxes on homeowners. Abbott, who is seeking a fourth term as governor, used his Substack page to present five key points for his plan: Property tax increases must be voted on...
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April...
First-time homebuyers accounted for 21% of all residential property purchases in Texas during 2025, according to data from Texas Realtors. This is slightly above the all-time low of 20% recorded in 2024. Last year’s homebuyers in Texas had a median age of 58, tied...
A total of 24,812 new listings came onto the Mid-Atlantic market served by Bright MLS in March, a 0.6% year-over-year spike and the strongest March new listing total since 2022. Active listings totaled 39,495, a 9.4% surge from the 36,110 recorded one year earlier....
