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Sunday, October 24, 2021

Real Estate

Affordability, inventory impacting homes market

Existing-home sales declined in February, following two months of gains, according to the National Association of Realtors. Month-over-month, only one major region saw an increase in February, but all four U.S. regions recorded year-over-year gains. Total existing-home sales decreased 6.6...

Just a mistake, or censorship attempt, on Rouse issue?

It appears, in the end, to have been a case of miscommunication, but the Arlington County government over the weekend had to address questions about whether an advocate for preservation of the Rouse estate on Wilson Boulevard was being...

Virginia home sales start year strong, but will it hold?

A combination of more sales and higher prices last month led the total sales volume across the Virginia home-sales market up more than 31 percent from a year ago, according to new data. A total of 8,804 homes went to...

Update: Zoning proposal could aid housing, irk residents

Two potentially conflicting constituencies – advocates of affordable housing and residents of single-family neighborhoods – could end up colliding if Arlington County Board members next month move forward on a recommendation to allow much higher building heights in some transitional areas of the county.

New real-estate ranking puts 22201, 22204 near top

A newly launched ranking of how healthy local communities are, real-estate wise, puts the 22201 ZIP code of North Arlington atop all locales in the Sun Gazette coverage area, with 22204 further south in the county not far behind. Bright...

Builder confidence wobbles as materials costs grow

Despite high buyer traffic and strong demand, home-builder sentiment fell in March as rising lumber and other material prices pushed builder confidence lower. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released shows that builder...

Sellers cashing in on accumulated equity

Home-sellers nationally are taking away a median $66,000 in equity from their homes, after holding onto their property for a median 10 years, according to the National Association of Realtors’ 20201 “Home Buyers and Sellers Generational Trends” report. That median...

Another residential building could become hotel for a time

Arlington County Board members next month are expected to allow another developer to temporarily convert apartment space to hotel use. The developer of the 809-unit property at 1555 Wilson Blvd. is asking permission to use 100 of the residential units...

Updated: N.Va. homes market shows ongoing strength

Who’d have thought, pre-pandemic, that the Northern Virginia real-estate market not only would have withstood COVID, but prospered in an era of economic uncertainty?

Home sales up, up, up in new Arlington data

Average sales prices were down in the single-family and condominium categories, but sales were way – make that waaaaaaaaaaayyy – up in February, leading to a 52-percent year-over-year increase in total sales volume for Arlington’s residential-real estate market. Sales for...
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No injuries reported in Fairlington shooting incident

On Oct. 19 at 9:40 a.m., an individual approached the area of the 4400 block of 31st Street South...
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