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Tuesday, April 13, 2021

Real Estate

Supply issues continue to bedevil home-builders

Higher interest rates, supply shortages and rising material prices, particularly for lumber, put a damper on new-home sales in February. Sales of newly built, single-family homes fell 18.2 percent to a 775,000 seasonally adjusted annual rate, according to newly released...

Survey: Gen X most savvy about home-buying credit issues

Of all the various age groups in the country – from the Baby Boomers and their predecessors to “Gen Z” up-and-comers – it turns out that “Generation X” has the most insight as to how credit scores impact one’s...

Forecast: Sunny for N.Va. real-estate market in 2021

More sales and ever-upwardly spiraling prices are expected to continue throughout 2021 in the Northern Virginia real-estate market, despite a number of potential headwinds. The Northern Virginia Association of Realtors (NVAR) and the Center for Regional Analysis at George Mason...

Arlington board brings back Columbia Pike zoning tool

Who says there’s no such thing as reincarnation? Even though they wondered aloud if it ever would be used, Arlington County Board members on March 23 brought back from the recently deceased a zoning tool giving the owners of two...

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...
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Latest News

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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