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Jerome Powell Sells Maryland Mansion for $7.2 Million

Jerome Powell Sells Maryland Mansion for $7.2 Million

by Phil Hall | Sep 10, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Former Federal Reserve Chairman Jerome Powell is back in the news – not because of what he said, but because of what he sold. The Baltimore Business Journal reports Powell unloaded his 2-acre property on Maryland’s affluent Gibson Island last month for $7.2 million in...
Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland

Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland

by Phil Hall | Aug 18, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A federal judge has blocked the Trump administration’s plan to move the FBI’s headquarters across town in Washington, DC, instead of shifting the agency to a Maryland location that was picked in 2023. Reuters reports US District Judge Theodore Chuang, an Obama...
Maryland Home Sales Rise Amid Inventory Declines

Maryland Home Sales Rise Amid Inventory Declines

by Phil Hall | Jul 20, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maryland recorded 6,913 home sales during June, a 2.3% upswing from the 6,760 sold one year earlier. According to Maryland Realtors, this marked the first year-over-year home sales increase since January 2025. Pending sales were up 7.0% from 6,412 transactions in June...
Long-Dormant Maryland Auto Racing Track Listed at $15 Million

Long-Dormant Maryland Auto Racing Track Listed at $15 Million

by Phil Hall | Jul 10, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Maryland auto racing track which has been dormant for decades has been listed for sale at $15 million. The Baynet reports the 42.14-acre parcel that was once home to Marlboro Motor Raceway outside of Upper Marlboro, Maryland, is being marketed for commercial...
Maryland Home Sales Decline Amid Tight Inventory

Maryland Home Sales Decline Amid Tight Inventory

by Phil Hall | Jun 22, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 6,331 homes were sold in Maryland during May, a 2.8% decline from the 6,555 transactions recorded one year earlier. According to data from Maryland Realtors, the state’s active housing inventory last month totaled 15,395 properties for sale, a 16.4% drop...
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