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Thursday, December 1, 2022

Real Estate

Planning Commission tackles Courthouse project tonight

Arlington Planning Commission members tonight are expected to render a recommendation on a major redevelopment plan in the Courthouse area. A developer has proposed razing most of a nearly one-acre lot surrounded by Wilson Boulevard, North Courthouse Road and 15th...

Rouse estate another step closer to wrecking ball

Plans by the trust that owns the Rouse estate on Wilson Boulevard to raze the buildings to the ground moved another step closer late last week, as the Arlington County government authorized the final permit needed for construction activity...

Real-estate growth still focused on outlying areas

Construction of single-family homes continued to overperform in suburbs, exurbs and rural communities while lagging in larger urban areas, according to new fourth-quarter-2020 data from the National Association of Home Builders (NAHB). The trend is a direct result of the...

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...
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Latest News

Editor’s Notebook: Crazy days in the battle to end segregation

Perhaps no surprise here: The year 1961 featured some big battles on the school-integration front, both locally and at...
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