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Tuesday, April 13, 2021

Real Estate

1st-quarter N.Va. home sales up nearly 20% from 2020

Total home sales during the first quarter of 2021 stood a whopping 19.9 percent higher than at the same period in 2020 in Northern Virginia’s five major jurisdictions, marking essentially the last comparison to a pre-COVID environment. A total of...

Remodelers bullish on future prospects

The pandemic has done many unpleasant things. But on the up-side, it’s made the nation’s home-remodelers ever more bullish on the future. The National Association of Home Builders (NAHB) has released its Remodeling Market Index (RMI) in the first quarter...

New data suggest geographic reshuffling is at hand

Call it “the great reshuffling” – one in 10 Americans moved during the year of the pandemic, and with the health situation (hopefully) stabilizing through the widespread accessibility of vaccines, more may be on the way. “Millions of additional households...

Report: Va. among more urbanized states in U.S.

It’s no New Jersey (with a whopping 1,200 people crammed into every square mile) and New York (fuggedaboutit!), but Virginia does rank as among the more urbanized states in the nation, based on a new analysis. The Old Dominion sits...

Arlington home-sellers getting about 98.5% of asking price

If Arlington homeowners appear to be getting a little too aggressive in setting listing prices for their homes, they are in good company.The same seems to be true for neighboring Alexandria and Falls Church, as well. For the first two...

Arlington rents back on the rise

After having declined precipitously during the worst of the COVID pandemic and resulting government lockdowns, average rents across Arlington have stabilized and, ever so slightly, started to rebound. A monthly survey by Apartment List, released March 30, pegs the month-over-month...

First-time buyers growing as part of new-homes market

As the housing industry celebrates New Homes Month in April, recent data from the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) reveals that first-time home buyers account for 43 percent of the new-home market in...

Leadership change is on horizon at APAH

The Arlington Partnership for Affordable Housing (APAH) is anticipating a smooth transition as longtime CEO Nina Janopaul heads toward retirement.The organization announced March 30 that Janopaul would retire at the end of June after 14 years at the helm,...

Va. home-ownership rate back on the rise

Virginia’s home-ownership rate rose from 2018 to 2019, according to new Census Bureau data, part of a trend across most states. The commonwealth’s home-ownership rate of 66.1 percent in 2019 was up from 65.9 percent in 2018, although down from...

Homes market is so good, even California thrives

For all the talk of “will the last person leaving California please turn out the lights,” the Golden State’s real-estate market seems to be doing just fine. Homes that sold in February garnered a median $338 per square foot, the...
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Arlington teachers win Wolf Trap grants

Two Arlington Public Schools teachers have received grants from the Wolf Trap Foundation for the Performing Arts to fund...
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