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Mid-Atlantic Home Sales Slumped in February

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...
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

Data Study Finds Trump Has Not Disrupted DC-Area Housing Market

by Phil Hall | Feb 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the Trump administration has focused on severely reducing the federal workforce, a new analysis from Homes.com of the Washington, DC area has not found any great change in housing activity since Donald Trump returned to the White House. In studying the quantity...
Mid-Atlantic Home Sales Slumped in February

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...
Treasury Secretary Bessent Buys DC Mansion for $12.5 Million

Treasury Secretary Bessent Buys DC Mansion for $12.5 Million

by Phil Hall | Feb 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The newly sworn-in Treasury Secretary Scott Bessent is making himself as home in Washington, DC, at a historic mansion that he acquired for $12.5 million. According to a Wall Street Journal report sourced from unnamed “people familiar with the deal,” the property in...
Clear Investment Group Acquires DC-Based Multifamily Complex

Clear Investment Group Acquires DC-Based Multifamily Complex

by Phil Hall | Jan 17, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Clear Investment Group, a real estate investment firm based in Chicago, has acquired Marbury Plaza, the 681-unit multifamily complex in Southeast Washington, DC. The property will be rebranded as Langston Views, which the company said reflected “both the...
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