Featured Real Estate News
Mid-Atlantic Home Sales Down Amid Decline in New Listings
February closed sales totaled 12,618 across the Mid-Atlantic region covered by the Bright MLS service area, down 1.1% year-over-year, while new pending sales were down 0.5% from one year earlier. New listings for the region totaled 15,833, down 11.1% year-over-year,...
Mid-Atlantic Home Sales Down Amid Decline in New Listings
“The outlook for the spring homebuying season in the Mid-Atlantic has become cloudier,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Down Amid Decline in New Listings
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
The Henry, a 169-unit multifamily community in the New York City suburb of Pomona, New York, has been sold for $63.7 million. Completed in 2001 and partially renovated between 2015 and 2019, the property consists of townhouse-style apartments with private entrances...
Archie Hughes Joins Madison Capital Group as EVP
Madison Capital Group, a Charlotte-based real estate investment firm, has hired Archie Hughes as executive vice president to lead distribution efforts in Texas, New Mexico, Oklahoma, Arkansas, and Louisiana. Hughes will support the firm's continued distribution...
Regional Group Acquires Ottawa Office Tower
The property investment firm Regional Group has acquired 150 Slater Street, a 19-story office tower in downtown Ottawa. The 500,000-square-foot property is 100% occupied with office and ground floor retail tenants, including the global headquarters of Export...
News & Current Events
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected
An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
New Bill Would Exempt Homebuilding Materials from Tariffs
The bill was introduced by Sens. Jacky Rosen (D-NV) and Chris Coons (D-DE). Continue Reading New Bill Would Exempt Homebuilding Materials from Tariffs
Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
Rita Ortiz was arrested on Thursday and faces 25 counts of filing a false or forged document with a public office. Continue Reading Los Angeles Woman Arrested for Filing Fraudulent Multimillion-Dollar Property Liens
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Exclusive News
Georgia Home Sales Down 9% During November
During November, the median sales price dipped by 1% to $356,000 while the average sales price inched up 2% to $449,463. Continue Reading Georgia Home Sales Down 9% During November
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Chicago Board of Education Approves Small Property Tax Hike
For a Chicago household with a $250,000 home, they will have to pay an additional $8 next year. Continue Reading Chicago Board of Education Approves Small Property Tax Hike
DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
The consent decree does not carry a financial penalty or the acknowledgment of wrongdoing. Continue Reading DOJ Announces Settlement with LivCor on Rental Housing Price Fixing
Trump Renews Attacks on Fed Chairman Powell
“He should resign – it would be a favor to the nation,” Trump said. Continue Reading Trump Renews Attacks on Fed Chairman Powell
Oregon Led the Nation in 2025 for Inbound Migration
New Jersey led the states with a 62% outbound migration. Continue Reading Oregon Led the Nation in 2025 for Inbound Migration
Illinois Home Prices Rising While Sales Decline
The city of Chicago experienced an 11.8% year-over-year decrease in sales. Continue Reading Illinois Home Prices Rising While Sales Decline
Report: Typical Household Needs 7 Years to Save for a Down Payment
In many expensive coastal metros, saving for a typical down payment can take 20 to more than 35 years. Continue Reading Report: Typical Household Needs 7 Years to Save for a Down Payment
Pending Home Sales Up 3.3%
On a regional measurement, pending home sales were up month-over-month and year-over-year in the Northeast, Midwest, South, and West. Continue Reading Pending Home Sales Up 3.3%