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Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

by Phil Hall | Aug 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney

Court Overturns Mortgage Fraud Conviction of Ex-Baltimore State’s Attorney

by Phil Hall | Jul 14, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A federal appeals court overturned the mortgage fraud conviction of former Baltimore State’s Attorney Marilyn Mosby but upheld two perjury convictions relating to her case. The Philadelphia Tribune reports the 4th US Circuit Court of Appeals issued a 2-1...
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Slumped in February

by Phil Hall | Mar 13, 2025 | Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region recorded 12,763 closed home sales during February, according to data from Bright MLS. This is down 4.3% compared to the same time last year. There were 16,020 new pending sales in the region, down 9.1% from a year ago and the lowest February...
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Up in January

by Phil Hall | Feb 11, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Mid-Atlantic region recorded a total of 13,117 transactions closed in January, up 8.5% increase from one year earlier, while the total of 14,971 new pending sales in January was down 5.2% from one year ago, according to data from Bright MLS. Showing activity was...
Matt Nader Named President at First Home Mortgage

Matt Nader Named President at First Home Mortgage

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Baltimore-headquartered First Home Mortgage has promoted Matt Nader to president. Nader joined First Home Mortgage in 2018 as a loan officer and served as the company’s director of sales since February 2023. He replaces Tim Whittier, who was appointed president in May...
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