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Monday, August 15, 2022

home sales

Millennials flex new-found strength, look for larger homes

As the housing industry celebrated New Homes Month in April, Millennials say their housing preferences have changed due to the COVID-19 pandemic. More than a third (36%) of Millennials are now in favor of a larger home, and builders are...

Va. quarterly home sales down; inventory crunch may ease

Constrained largely by inventory issues, Virginia’s first-quarter home sales trailed the same period in 2021, but prices kept on moving up. A total of 27,669 properties went to closing statewide in the January-February-March 2022 period, according to figures reported by...

Top Va. markets see housing-inventory crunch cut into sales

The seven largest home-sales markets in Virginia saw an 11.5-percent decline in sales during the first quarter of 2022 compared to a year before, owing to a number of factors. A total of 11,043 properties went to closing in those...

N.Va. housing prices likely to hold firm despite interest-rate jumps

As the Northern Virginia real-estate market transitioned from winter to spring, a lack of inventory has led prospective purchasers and their agents to move fast. “What Realtors are dealing with now are a lot of showings within the first 48...

Quarterly home sales take hit on inventory issues

Inventory or lack thereof is the prime culprit, but total home sales for the first quarter of 2022 in Northern Virginia’s five largest jurisdictions were down a collective 10.1 percent from the same three-month period in 2021. A total of...

Arlington homes market still hot-hot-hottest in region

Home-buyers are still sold on Arlington as a location – if they can find anything to buy – as all parts of the county are seeing strong buyer interest. And in some nooks and crannies, that interest level is almost...

Fairfax falls behind Philly in home-sales sweepstakes

Looks like it’s not going to even be much of a competition this year. In both 2020 and 2021, Philadelphia and Fairfax County vied throughout the year for the crown of most real-estate sales in the Mid-Atlantic, based on data...

Survey says: Timing is key in getting top dollar

Homes are selling fast year-round these days, with a difference of only a few days between the fastest and slowest periods. But one thing that’s remained constant: Listing a home for sale in the spring will yield the best...

Some homes earned more than their owners in 2021

Did your house earn more than you did in 2021? In the Washington area, the answer for most of us probably is “no” – although in the rest of the country, it in many cases may be “yes.” That’s the conclusion...

Va. Realtors fear higher interest rates, other headwinds

Upwardly spiraling prices, a limited inventory, rising interest rates, the possibility of a recession and ramped-up world strife adding to the uncertainty. It’s no picnic in the park for prospective home-buyers these days, but Virginians seem to be moving forward...
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Golf teams see plenty of tournament action

Of the local high-school golf teams in the Sun Gazette’s coverage areas, the McLean Highlanders have enjoyed the most...
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