Current News & Events
Home Sales and Prices Surged Across Mid-Atlantic Region
The median sold price in June was $460,000, a 2.3% year-over-year increase and a new record high for the Bright MLS service area. Continue Reading Home Sales and Prices Surged Across Mid-Atlantic Region
Report: Office Market Demand at Highest Level in 6 Years
“The first half of 2026 reinforced that the office recovery is no longer confined to a handful of leading markets or trophy assets,” said David C. Smith, head of Americas Insights at Cushman & Wakefield. Continue Reading Report: Office Market Demand at Highest Level in 6 Years
CoStar Group Debuts Platform for French Commercial Real Estate Market
“France is one of the most important real estate markets in the world,” said Andy Florance, founder and CEO of CoStar Group. Continue Reading CoStar Group Debuts Platform for French Commercial Real Estate Market
PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
The company added that more acquisitions are expected to occur during the third quarter. Continue Reading PROREIT Acquires 2 Industrial Portfolios for $136.8 Million
List Prices Record Steepest Annual Decline in 9 Years
“Eight straight months of falling prices and seven straight months of rising pending sales are not a contradiction,” said Danielle Hale, chief economist at Realtor.com. Continue Reading List Prices Record Steepest Annual Decline in 9 Years
CMBS Delinquency Rate Drops by 20 Basis Points
Trepp attributed the drop to the lodging sector, which posted a 78 basis points decline to 5.22%. Continue Reading CMBS Delinquency Rate Drops by 20 Basis Points
Long Island Man Charged in $100K Real Estate Investment Scams
Arnulfo Castillo pleaded not guilty and was released to pretrial services. Continue Reading Long Island Man Charged in $100K Real Estate Investment Scams
Trump: FHFA’s Pulte to Serve as Acting Intelligence Chief for ‘A Month or Two Months or Something’
Jay Clayton, Trump’s pick to become the next DNI, will have a Senate hearing in two weeks. Continue Reading Trump: FHFA’s Pulte to Serve as Acting Intelligence Chief for ‘A Month or Two Months or Something’
Mortgage Application Activity Records Slight Uptick
The FHA share of total applications decreased to 16.9% from 17.9% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
NAIOP Rebrands as Commercial Real Estate Development Association
The organization was founded in 1967 and now represents more than 21,000 members through 55 chapters across North America. Continue Reading NAIOP Rebrands as Commercial Real Estate Development Association
Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion
Kroger operates over 2,700 locations under nearly two dozen different banners. Continue Reading Kroger Acquires Giant Eagle, Multistate Food and Pharmacy Retailer, for $1.65 Billion
Illinois Realtors Donate $30,000 to Aid Counties Impacted by Tornadoes
“We are trying to ensure our neighbors don’t have to face the recovery process alone.” Illinois Realtors CEO Jeff Baker. Continue Reading Illinois Realtors Donate $30,000 to Aid Counties Impacted by Tornadoes
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