Real Estate News & Insights
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
American Express to Build 55-Story HQ at World Trade Center Site
Construction will begin this spring, with completion expected by 2031. Continue Reading American Express to Build 55-Story HQ at World Trade Center Site
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
Mortgage Application Payments Increased in May
The national median mortgage payment for conventional loan applicants was $2,235, up from $2,206 in April and up from $2,226 in May 2024. Continue Reading Mortgage Application Payments Increased in May
Weis Markets Opens First New Supermarket in 3 Years
The new store is Weis’ 50th in Maryland and includes a drive-thru pharmacy and a six-pump fuel center. Continue Reading Weis Markets Opens First New Supermarket in 3 Years
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Greystar will pay triple damages to the servicemembers who paid the early termination charges. Continue Reading Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
High construction costs are seen as a challenge to this sector’s growth. Continue Reading Global Wellness Real Estate Market Predicted to Reach $941 Billion by 2030
Blackfin Real Estate Investors Acquires First Property in Georgia
Sage Creek Apartments was built in 2016 and encompasses one- and two-bedroom apartments ranging from 812 to 1,076 square feet. Continue Reading Blackfin Real Estate Investors Acquires First Property in Georgia
Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
Espace Canevas will be based at the site of the former Village Cartier shopping center. Continue Reading Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
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