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Sunday, November 28, 2021

Real Estate

Va. homes market coming back to seasonal norms

A comeback in what might be called urban-village communities in parts of Virginia is helping to lead a strong, though increasingly back-to-seasonal, statewide home market. A total of 13,424 properties went to closing across the commonwealth in October, according to...

Despite headwinds, homebuilder confidence remains strong

Low existing inventories and strong buyer demand helped push builder confidence higher for the third consecutive month, even as supply-side challenges – including building-material bottlenecks and lot and labor shortages – remain stubbornly persistent. Builder sentiment in the market for...

Survey: Kitchen amenities can boost home-sales price

Kitchens are put through the ultimate stress test on Thanksgiving, with every appliance and inch of countertop space pushed to the limit. However, certain kitchen features are not only better equipped to handle the pressures of entertaining a crowd,...

Proposed lot-coverage changes find little Vienna consensus

Proposals to loosen lot-coverage requirements and allow for more outdoor amenities in Vienna have the support of some residents and builders, but some Vienna Planning Commission members remain skeptical. After more than two hours’ worth of staff presentations, public testimony...

Sales prices of local condos growing, but slowly

The Washington region’s year-over-year home-value appreciation in the condominium sector for the third quarter of 2021 was the lowest of all metro areas tracked in a quarterly survey. The median condo sales price of $338,100 was up just 0.8 percent...

N.Va. home sales look good when compared to 2019

Depending on how you judge it, year-over-year home sales across Northern Virginia were either up, or down, in October. The 2,038 transactions recorded by the Northern Virginia Association of Realtors (NVAR) during the month represented an 8.2-percent decline from a...

Year-to-date home sales still up over 2020 in N.Va.

Home sales across the five largest localities in Northern Virginia for the first 10 months of 2021 are running 17 percent ahead of last year, the result of the initial blast of COVID briefly derailing the market in mid-2020. A...

Average Fairfax single-family sales price tops $1M for first time

The average single-family home-sales price in Fairfax County soared past $1 million for the first time ever in October, even as there were signs of some cooling in the market. A total of 1,476 properties went to closing during the...

Deer causes mayhem at barbershop, then escapes

A deer broke through the storefront window of Clip & Style Barber Shop, 116 Branch Road, S.E., on Nov. 6 at 1:03 p.m., then ran around the salon and back out the window, Vienna police said. The deer struck one...

Home-buyer interest mixed in parts of Fairfax

While the regional homes market appears to be returning to seasonal norms – strong spring and summer, cooler fall and winter – a forward-looking index suggests the market should hold up well in coming months, if pricing expectations of...
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Latest News

Arlington man arrested after supermarket shooting

Fairfax County police have charged a 33-year-old Arlington man in connection with a shooting that occurred Nov. 20 at...
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