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Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

by Phil Hall | Dec 12, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales activity was on the rise across the Mid-Atlantic region in November, according to new data from Bright MLS. Across the Bright MLS service area, there was a 5.7% year-over-year increase in the number of homes for sale. This marked the third consecutive month...
Baltimore Enacts New Special Property Tax on Vacant Homes

Baltimore Enacts New Special Property Tax on Vacant Homes

by Phil Hall | Dec 3, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Baltimore Mayor Brandon Scott has signed into law a bill that creates a special property tax increase for vacant homes. CBS News reported the bill was introduced in early October and was unanimously sponsored by the members of the City Council. The tax increase is...
Pending Sales Up in Mid-Atlantic Region

Pending Sales Up in Mid-Atlantic Region

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
Pending Sales Up in Mid-Atlantic Region

Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region

by Phil Hall | Sep 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number of active listings in the Mid-Atlantic region totaled 37,340 at the end of August, up 21.4% year-over-year, according to new data from Bright MLS. This represented a 2.06-month supply regionwide. Sales activity last month was more robust in the Mid-Atlantic...
David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74

David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74

by Phil Hall | Aug 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

David M. Gillece, a Baltimore-area real estate professional who achieved leadership positions in city development before becoming president of Colliers Pinkard, passed away on Aug. 17 at the age of 74 from Parkinson’s disease. According to a Baltimore Sun obituary,...
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