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Tysons
Thursday, May 26, 2022

Real Estate

Weichert group continues effort keeping Route 123 tidy

Members of the McLean office of Weichert, Realtors, recently picked up litter along a stretch of Route 123 as part of Virginia’s Adopt-a-Highway program. This marks the fifth year the Weichert clean-up crew has been working with the Virginia Department...

Analyst: Fundamentals ‘remain strong’ in Va. housing market

Virginia’s real-estate market reported seasonal vigor in April, despite being held back by inventory issues and rising national economic woes. A total of 11,991 properties went to closing across the commonwealth during the month, according to figures reported by the...

Pro-seller environment continues (for now) in local homes market

It’s a good, albeit slightly lagging, indicator of the state of the local real-estate market – the number of months’ worth of housing supply available at any given point in time. Any figure higher than three months’ worth of housing...

Builder confidence tanks on bad economic news

In another sign that the housing market is now slowing and taking the economy with it, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases...

More and more Fairfax homes selling for $1-million-plus

A dearth of inventory continues to hold back the Fairfax County real-estate market, but also is pushing prices higher – with the average single-family sales price last month again clocking it at more than $1 million. A total of 1,523...

MCA voices concern about more development in airport corridors

Seeing few benefits and numerous concerns, McLean Citizens Association (MCA) board members on May 4 went on record opposing a proposed Fairfax County comprehensive-plan amendment that would allow residential uses in higher-noise areas near local airports. The resolution came to...

Per-square-foot home-sales prices still on upswing

Headwinds may be on the horizon, but home-sellers across Northern Virginia are still getting more on a per-square-foot basis from buyers than they were a year before, according to new data. The year-over-year increase for the first four months of...

Fairfax still trailing Philly in real-estate footrace

Fairfax County and Philadelphia battled to a relative draw for real-estate supremacy for the Mid-Atlantic region in April, but that leaves the (supposed) City of Brotherly Love in a commanding lead as the first third of the year goes...

Amazon kicks in $55M to support affordable housing in Tysons

A $55 million commitment from the Amazon Housing Equity Fund will allow construction of hundreds more affordable-housing units at the Dominion Square West development in Tysons, Fairfax County officials said. “Any investment in affordable housing is much more than an...

More Va. Realtors seeing prospect of downturn in market

They remain in the minority, but an increasing number of Virginia Realtors see the prospect of declining home-sales prices in coming months, according to a new survey. “The share of survey respondents who expect prices to rise in their local...
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Latest News

Potomac School second in state softball tourney

For a third straight time, the season ended for the Potomac School Panthers girls softball team with a loss...
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