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Friday, March 24, 2023

Real Estate

N.Va. homes market shows upward climb from 1975-2022

2022 proved a year where the homes market started off hot-hot-hot and then cooled significantly, making analyzing the year as a whole a complex endeavor. Homes sales across Northern Virginia took their biggest year-over-year tumble since 2006, down 23.8 percent...

Home trends of 2023 put back yards in forefront

Move over, chef’s kitchens. Functional outdoor space is the new must-have for 2023 home buyers. Zillow data finds backyards are now being mentioned 22 percent more often in for-sale listings compared to last year, suggesting this once overlooked area will...

National home sales to decline in 2023; Atlanta to be the hottest market

Lawrence Yun, the chief economist and senior vice president of research at the National Association of Realtors (NAR) forecasts that 4.78 million existing homes will be sold nationally, prices will remain stable, and Atlanta will be the top real...

Analysts: Midwest may prove the hot homes market of 2023

Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look for new ways to overcome the housing-affordability crisis. However, that crisis will stabilize – if not...

Q&A: A good time to enter the real-estate field?

Considering the different effects the pandemic has had on the real-estate market, local Realtors were asked what advice they would give, say, a family member who might want to enter the real estate field now, and how that advice...

Average Fairfax s/f home price back above $1 million

Home sales across Fairfax County may be in the winter doldrums, but the December market broke a four-month streak and gave sellers a little more reason to break out a smile. For the first time since July, Fairfax’s average single-family...

Experts: Mid-Atlantic should see decline in home sales for 2023

The Mid-Atlantic region likely will see its smallest home-sales total since 2015 in the coming year, but the year-over-year dropoff across the Washington region is expected to be slightly less than the drop expected nationally. A total of 247,500 home...

Wild 2002 ends on down note in N.Va. homes market

A roller-coaster year for Northern Virginia’s real-estate market ended with an expected chill, as sales were well off in December compared to a year before and prices began to stagnate. A total of 1,068 properties changed hands across the region...

No surprise: N.Va. jurisdictions see lower home sales to end year

Northern Virginia’s five major jurisdictions posted a 24.3-percent decline in home sales from 2021 to 2022, and year-over-year dropoff for the month of December was nearly twice as large. A total of 32,784 homes went to closing in 2022, down...

Va. Realtors open year with cautious optimism

Members of the Virginia real-estate profession are entering the new year with a degree of cautious optimism, according to new data. The Virginia Realtors’ trade group’s latest “confidence survey” reveals continuing slow activity in the market, but suggests that thoughts...
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Latest News

New School Board member receives liaison assignments

New Arlington School Board member Bethany Sutton has her assignments. School Board members on Feb. 2 are expected to approve...
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