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Thursday, December 1, 2022

Northern Virginia Association of Realtors

Year-to-date home sales sluggish across region

No surprise here: Year-to-date home sales through October across Northern Virginia’s major jurisdictions show significant dropoffs from the same period in 2021. A total of 28,998 properties went to close during the first 10 months of this year in Arlington,...

N.Va. home prices still rising, if more slowly

Rising interest rates, a seasonal dip in demand and limited inventory again cut into home sales in September, but prices are still on the upswing, according to new monthly figures from the Northern Virginia Association of Realtors (NVAR). “Market forces...

Local home-sellers still have advantage if they play it smart

If you’re going to be a home-seller between now and the end of the year, it will pay to know the lay of the land and plan accordingly. “While the market is slowing, sellers are still well-positioned for a smooth...

Data: Fairfax single-family market already has peaked for 2022

The typical seller of a Fairfax County single-family home probably would have done best by finding a buyer in late spring, but condo owners can still cash in for top dollar if they hurry, according to new housing-price projections. The...

High point for 2022 Arlington home sales seems to have passed

The median single-family home-sales price in Arlington at the end of the year is expected to be about 9 percent lower than in the heat of summer, as the market continues to rebound to normal seasonality after COVID. In their...

Data: Single-family home sales may have peaked for year in region

Homeowners wishing to maximize their profits by selling in 2022 may alrseady have missed the boat, as peak home prices for the year seem to be in the rear-view mirror. But that doesn’t mean buyers suddenly have all the power...

N.Va. homes market doing a high-wire act

You take the good, you take the bad, you take them both and then you have? No, not the delightful 1980s sitcom “Facts of Life,” but rather the 2022 Northern Virginia real-estate market. New sales figures from the Northern Virginia Association...

Fewer home sales impacting bottom line of agents, firms

Northern Virginia Realtors shared roughly $30 million less in compensation during the first six months of the year compared to the same period in 2021 despite rising home prices, according to a new Sun Gazette analysis. Year-over-year sales for the...

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...

Inventory still dominant theme in local real-estate market

Inventory is still tight across the Northern Virginia homes market, which could make the current challenging environment for buyers doubly so as the spring buying season kicks in. “With 46 percent fewer active listings in January compared to last year,...
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