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Tuesday, April 13, 2021

Real Estate

Rising home prices continue to chip away at affordability

With rising home values outpacing household incomes, even small bumps up in median sales prices are having a disproportionate impact on housing affordability in the local area and nationally. A new study by the National Association of Home Builders (NAHB)...

Uptick in Arlington rents may be precursor to normalcy

In what might be another sign of a return to a semblance of normalcy, average rents for Arlington apartments increased in February for the first time since the start of the COVID pandemic. The 0.7-percent month-over-month increase also mirrored the...

New-home sales rise despite higher costs of materials

Strong demand stemming from low interest rates, favorable demographics and a shift to smaller, more affordable housing markets helped to lift new-home sales in January, but rising lumber and material costs threaten to blunt the momentum. Sales of newly built,...

Vaccine rollout could keep real-estate market hot

An increase in those availing themselves of the COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real-estate market. A new survey from Zillow finds 70 percent of homeowners say they would be comfortable...

Builder confidence solid despite lumber, legislative concerns

Strong buyer demand helped offset supply-chain challenges, a surge in lumber prices and the threat of increased regulation, as builder confidence in the market for newly built single-family homes inched up slightly in February to 84 on a 0-to-100...

Home-builder confidence faces headwinds, but stays strong

Strong buyer demand helped offset supply-chain challenges, a surge in lumber prices and the threat of increased regulation, as builder confidence in the market for newly built single-family homes inched up slightly in February to 84 on a 0-to-100...

Va. home sales start year off strong

Home sales and median sales prices continued their upward trajectory across nearly all areas of the commonwealth, with smaller and more rural areas faring best and the market for condominiums trailing. A total of 8,806 properties went to closing during...

Vaccine rollout expected to further boost home sales

An increase in those availing themselves of the COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real-estate market. A new survey from Zillow finds 70 percent of homeowners say they would be comfortable...

Arlington board OKs residential-parking-permit revamp

It took three years and, in the end, left very few in the public completely satisfied. But on Feb. 20, Arlington County Board members adopted changes to how new residential-parking districts are set up and how the system is...

Single-family sector leads N.Va. homes market

Led by a hot-hot-hot single-family market, Northern Virginia homes sales were up nearly 30 percent in January compared to a year before, while average and median sales prices also continued to rise. “Demand for single-family homes is increasing and competition...
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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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