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Thursday, December 1, 2022

Real Estate

Arlington apartment-rental rates dip, still highest in region

Despite a seasonal dip from September to October, Arlington’s apartment-rental rates remain the priciest in the region and remain above pre-pandemic levels, according to new data. The median two-bedroom Arlington rental unit went for $2,523 last month, according to a...

Va. Realtors’ survey confirms ongoing market tumble

A combination of economic malaise, affordability concerns, higher interest rates and the general seasonality of the market have left a sour taste in the mouths of Virginia’s real-estate professionals. The monthly “flash survey” of members conducted by the Virginia Realtors...

Survey: First-time buyers having harder time in homes market

More signs of the times: The share of first-time home buyers in the overall real-estate market has dropped to a record low, while the age of a typical first-time buyer increased to an all-time high, in recently released data...

Candidate: Missing Middle will come out winner on Election Day

He may not come out on top, but Arlington County Board candidate Adam Theo believes that the real winner in the 2022 election will be the Missing Middle housing proposal. Theo is a supporter of the proposal to largely eliminate...

Letter: Missing Middle will result in destruction of neighborhoods

Editor: Let us fervently hope that the current Arlington County Board will not be remembered as the group that foisted on unsuspecting residents the destruction of our community’s old, leafy, peaceful, beautiful neighborhoods. I don’t happen to live in one...

No surprise: Report confirms local cooling in homes market

Two new indicators provide confirmation – if any is needed – that the Washington region’s homes market has cooled significantly. But they also provide some reassurance that the local market is hardly in a state of freefall. New data from...

N.Va. seeing largest home-sales dropoff in commonwealth

Northern Virginia in September saw the largest year-over-year decline in home sales among the commonwealth’s eight broad geographic areas as defined by the Virginia Realtors trade group. With 3,180 sales in September 2022 and 4,573 in September 2021, the year-over-year...

Candidate: Biden administration pushing Missing Middle on localities

Arlington residents need to stop local leaders from imposing Missing Middle housing policies, if for no other reason than to send a message to the federal government that top-down housing/zoning changes will not be tolerated. That’s the position of Karina...

Home-builders bummed as market conditions deteriorate further

Mortgage rates approaching 7 percent along with declining builder sentiment stemming from stubbornly high construction costs and weakening consumer demand pushed new-home sales down at a double-digit rate in September. Following a brief uptick in August, sales of newly built,...

Letter: Proponents of Missing Middle keep changing rationale

Editor: The confusing messaging and misinformation surrounding Arlington’s Missing Middle Housing framework are undermining the clarity of and confidence in the entire process. Individual County Board members have made, and are continuing to make, different and conflicting arguments for Missing...
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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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