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Mid-Atlantic Home Sales Up in January

Mid-Atlantic Home Sales Up in January

by Phil Hall | Feb 11, 2025 | Current News & Events, Market Snapshot, 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...
CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million

CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million

by Phil Hall | Jan 23, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

CBRE Group Inc. (NYSE: CBRE) announced the sale of three retail properties located in the suburban Philadelphia market totaling $14.7 million. The sales included a 5,051-square-foot standalone property occupied in a long-term lease by Wawa in Wyomissing, Pennsylvania,...
Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

Philadelphia 76ers Cancel Plans for New Arena, Announce Plans to Create Another Venue

by Phil Hall | Jan 14, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Philadelphia 76ers have abruptly cancelled plans for a new $1.3 billion Center City arena project and instead announced plans to play in a new stadium complex in South Philadelphia. NBC Philadelphia reports Philadelphia Mayor Cherelle Parker led a press conference...
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 | Current News & Events, Market Snapshot, 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...
Hits and Misses for the Real Estate Week of Dec. 2-5

Hits and Misses for the Real Estate Week of Dec. 2-5

by Phil Hall | Dec 6, 2024 | Current News & Events, Hits and Misses, International Real Estate News, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 2-5. Hit: A New Home for...
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