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Thursday, January 27, 2022

National Association of Realtors

2021 home sales highest in 15 years

Despite a year-over-year decline in December, U.S. home sales in 2021 stood at their highest point in 15 years, while prices keep on rising, according to new data from the National Association of Realtors. In 2021, existing-home sales totaled 6.12...

Single-family homes continue to gain value in region

The median price of single-family homes in the Washington region posted a double-digit year-over-year increase in the third quarter, but its bump up was below that of the nation as a whole. With a median sales price of $548,600 across...

Editor’s Notebook: The (alleged) smut gets to stay

Sur-prise, sur-prise, sur-prise, as Gomer Pyle used to say: Panels hand-selected by the leadership of Fairfax County Public Schools have come down on the side of, well, the leadership of Fairfax County Public Schools when it comes to keeping...

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...

Regional home values up 21% over past year

The Washington region saw year-over-year median home-sale prices rise just over 21 percent in the second quarter, slightly below the national increase in a market where affordability and inventory issues are leading to concerns about the future. The median sales...

Local condo-appreciation rates trail national growth

Though remaining above the national median sales price, the rate of appreciation in the Washington region’s condominium market trailed year-over-year national growth in the second quarter of 2021. And there may be a number of reasons why. The median sales price...

Data: COVID cuts into home sales to foreign buyers

No surprise here: Sales of existing homes to foreign buyers during the year of COVID were down significantly from normal times, with both those living in the U.S. and those investing from overseas stepping back. Perhaps the bigger surprise: That...

Sales of existing homes stall, but prices keep rising

Sales of existing homes are down but prices keep on rising, according to new monthly data from the National Association of Realtors. “Lack of inventory continues to be the overwhelming factor holding back home sales, falling affordability is simply...

COVID home shifts continue; less crowded areas benefit

The COVID-era shift of Americans seeking out less crowded areas for their new homes appears to be continuing, according to new data from the National Association of Realtors. “Housing demand continued to show the strongest gains in lower density markets...

Survey says: About a quarter of Realtors earn $100K or more

Despite the pandemic, 2020 saw the highest number of homes sold nationally (5.64 million) since 2006. And while some real-estate professionals are getting rich, it remains a largely middle-class profession, according to new data from the National Association of...
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Langley wins two, now 7-0 in district

The first was in overtime and the second came by a blowout as the Langley Saxons won home games...
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