Mid-Atlantic Home Sales Jump 7.3% to a Record Median Price
Bright MLS: June sales rose 7.3% as the Mid-Atlantic median hit a record $460,000 — with higher-income buyers doing the driving.
Steve Thompson
Staff Reporter, RealtyWire
Steve Thompson is a staff reporter for RealtyWire, where he covers residential real estate, mortgage trends, home sales, housing market data, real estate finance, industry regulation, and the issues affecting Realtors, buyers, sellers, lenders, and property owners.
Before joining RealtyWire, Steve worked as a mortgage broker, giving him direct experience with the financing side of real estate transactions. His background in the mortgage business gives him valuable insight into how interest rates, lending standards, affordability, buyer demand, and regulatory changes influence the broader real estate market.
Steve brings a practical understanding of home sales, market analysis, real estate trends, financing issues, and the laws and regulations that shape residential real estate. His reporting focuses on making complex market and mortgage-related topics clear and useful for readers across the real estate industry.
He earned a Bachelor of Science in Business from the University of Central Florida and currently lives in Orlando, Florida.
Articles by Steve Thompson
Steve Thompson
Retail Real Estate in 2026: Why Low Supply Is Helping Landlords
Retail real estate is tight in 2026. Years of low construction are giving landlords pricing power in well-located centers.
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Property taxes are squeezing homeowners hardest in 2026 where assessments lag prices. Where bills are rising the most.
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Homeowners insurance nonrenewals are rising as insurers reassess risk. What a nonrenewal notice means and what to do next.
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Spec Homes Explained: Why Builders Discount Completed Inventory
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Contingencies Explained: Inspection, Financing and Appraisal Clauses
Real estate contingencies can protect buyers, but they also affect offer strength. Learn inspection, financing and appraisal clauses.
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An appraisal gap happens when the appraised value is lower than the purchase price. Here’s what buyers and sellers should know.
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Buying vs. renting in 2026 depends on location, time horizon, mortgage rates, rent levels and ownership costs.