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Thursday, December 1, 2022

Real Estate

Kitchen/bath industry seeing impact of economic downturn

The quarterly market index of the National Kitchen & Bath Association (NKBA), the world’s leading not-for-profit trade association for the kitchen and bath industry, is the lowest it has been in two years, confirming fears of industry professionals that...

Data: Buyers still willing to pay top dollar for Arlington homes

Home sales across Arlington are down, down, down, but that doesn’t mean buyers aren’t willing to open their checkbooks to get a property they really want, according to new data. The average sales price of single-family homes that went to...

Per-square-foot sales prices up from 2021, down from earlier in 2022

Home-sellers across the Washington region in October continued to garner more, on a per-square-foot basis, than a year previously in next data. But for most jurisdictions, October’s median per-square-foot sales price was trailing the average for the first 10 months...

Letter: ‘Voters have spoken: We want Missing Middle’

Editor: The recently concluded Arlington County Board election was billed as a referendum on Missing Middle housing policies, which surged to become the most dominant and divisive issue in a county election since the streetcar eight years ago. The results...

Letter: Election results show Arlington embraces Missing Middle

Editor: Many have stated that this year’s Arlington County Board election was serving as a proxy vote for Missing Middle housing. The results are clear: Arlington voters overwhelmingly support Missing Middle housing. County Board member Matt de Ferranti, who takes...

Letter: County Board being hypocritical on housing

Editor: If the Arlington County Board is so concerned about affordable housing, as it claims to be, why did its members approve the plan for 40 $2-million-dollar homes on the old Rouse estate? Why didn’t they require Toll Brothers...

Regional home prices still up, but pace is slowing

Median sales prices continue to inch up across the Washington metropolitan area, albeit more slowly, even as overall home sales continue to tumble significantly, based on new October sales data. With more slowing likely to come. “During the last two months...

Housing affordability continues to tumble

Housing affordability has fallen to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012, as rising mortgage rates, ongoing building-material supply-chain disruptions, high inflation and elevated home prices...

Home-value appreciation continues, but pace is slowing

An overwhelming majority of metropolitan-area markets saw home-price gains in the third quarter of 2022 despite mortgage rates that approached 7 percent and declining sales, according to the National Association of Realtors’ latest quarterly report, and the Washington region...

Advocacy group preps community forum on Missing Middle

Virginians Organized for Interfaith Community Engagement (VOICE) will host a community forum focused on Arlington’s proposed Missing Middle zoning changes on Thursday, Nov. 17 at 7 p.m. at Unitarian Universalist Church of Arlington, 4444 Arlington Blvd. County Board members Libby...
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Candidate: Run against Beyer sets stage for GOP resurgence

It was an aggressive campaign, though in the end one that didn’t put much of a dent in the...
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