News
Median Sold Price in Mid-Atlantic Region Hits Record High
17+ hour, 43+ min ago (489+ words) by Phil Hall | Jun 10, 2026 | 0 comments The median sold price for the Mid-Atlantic region encompassed by Bright MLS reached $450, 000 in May, a 3. 4% year-over-year increase and the highest level on record. There were 24, 153 new contracts on homes in May, a 4. 5% increase from…...
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
15+ hour, 26+ min ago (291+ words) by Phil Hall | Jun 10, 2026 | 0 comments Alec Baldwin is back in the real estate news headlines, this time with another price cut on his 8. 28-acre Hamptons mansion that no one seems interested in buying. Baldwin acquired the property for $1. 75 million in…...
Gwyneth Paltrow Stars in Advertising Campaign for Israeli Real Estate Development
23+ hour, 20+ min ago (422+ words) by Phil Hall | Jun 10, 2026 | 0 comments Oscar-winning actress Gwyneth Paltrow has a new role as the celebrity spokesperson for 51 Park, a luxury residential development in the affluent Israeli city of Herzliya. The Times of Israel reports that Paltrow stars in a…...
Trump Announces FHFA's Pulte to Take on National Intelligence Role on June 19
1+ day, 34+ min ago (277+ words) by Phil Hall | Jun 10, 2026 | 0 comments President Trump has ignored criticism of his appointment of Bill Pulte as acting director of national intelligence and stated he will assume the new job earlier than previously announced. In a Truth Social post, Trump…...
CFG Bank Launches CFG Mortgage Partners, Aimed at Multifamily Market
1+ day, 19+ hour ago (242+ words) by Phil Hall | Jun 9, 2026 | 0 comments According to the bank, CFG Mortgage Partners will focus on providing capital solutions and execution options to meet the diverse needs of multifamily owners, developers, and investors across the country. Dan Sacks was named managing…...
Canadian Government Provides $112 Million for 217-Unit Toronto Multifamily Property
1+ day, 20+ hour ago (319+ words) by Phil Hall | Jun 9, 2026 | 0 comments Canada's federal government is providing over $112 million in funding for the construction of a new 217-unit multifamily property in Toronto. Located at 389 Cleveland Street, the project is a 15-story residential building with a ground-floor commercial…...
Baltimore City Council Advances Property Tax Relief Bill
1+ day, 23+ hour ago (489+ words) by Phil Hall | Jun 9, 2026 | 0 comments The Baltimore City Council has voted to advance a property tax relief measure that critics claim will raise taxes for some homeowners. WBFF reports the measure reduces the property tax rate by 1 cent for every…...
M&A News Reconfigures Mortgage Banking Industry
2+ day, 24+ min ago (409+ words) by Phil Hall | Jun 9, 2026 | 0 comments The mortgage banking industry has been reconfigured with merger and acquisition news involving two pairs of prominent originators. "This marks a defining moment for APM," said APM CEO Dustin Sheppard. "Synergy One has built an…...
Darren Macri Named Board President of Passive House Network
3+ day, 39+ min ago (305+ words) by Phil Hall | Jun 8, 2026 | 0 comments Passive House Network, a nonprofit organization focused on providing educational outreach on the Passive House sector, as named Darren Macri as the president of its board. Macri, who previously served as the board's vice chairman,…...
Sola REIT Donates 5-Acre Parcel for New San Diego-Area Fire Station
2+ day, 19+ hour ago (373+ words) by Phil Hall | Jun 8, 2026 | 0 comments Vienna, Virginia-headquartered Sola REIT, a renewable energy real estate company focused on delivering financing solutions for solar and battery energy storage developers, has donated a 5-acre land parcel to the County of San Diego for…...