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Wednesday, October 27, 2021

Northern Virginia Association of Realtors

N.Va. homes-sales market returning to more seasonal norms

Despite a year-over-year drop, home sales across Northern Virginia last month were strong when compared to other Septembers over most of the past decade, although there are signs the previously overheated market continues to return to a degree of...

N.Va. homes market strength continues (for now)

While backward-looking data – home sales – looked good across Northern Virginia in July, there are some forward-looking cautionary tales that popped up. “July buyer and seller activity had a slight cooling effect on Northern Virginia’s hot real-estate market,” said...

Experts: Inventory to remain key issue in N.Va. real estate

An ongoing dearth of inventory and a possible post-summer bump in activity could make it an ongoing challenge for prospective home purchasers to get what they want before 2022, according to new data. The Northern Virginia Association of Realtors (NVAR)...

N.Va. home sales in June highest since 2005

With 2,991 closed transactions, June represented the highest month for Northern Virginia home sales in 16 years – back to 2005, when the market was overheating into a frenzy that led to a crash just two years later. Market forces,...

January-to-May home sales see spike upward

A hot 2021 real-estate market coupled with the impacts of the early months of the COVID pandemic in March through May of 2020 have resulted in a significant uptick in year-over-year home sales in the major jurisdictions of Northern...

N.Va. home prices shoot up again in new data

Both average and median home-sales prices were up, year over year, in double digits in May, as inventory struggled to keep up with demand. The average sales price of all properties that changed hands for the month across the region...

In N.Va., home-buyers circle the waters, waiting for new offerings

Northern Virginia’s home-buyers are putting their properties on the market at a strong clip, but the inventory continues to be overwhelmed by buyer demand, according to new data. “Buyers are competing intensely for new listings,” said Derrick Swaak, partner and...

N.Va. homes market sees ongoing strength in March

The juggernaut that has been in the Northern Virginia real-estate market rolled on in as winter sashayed into spring, with home sales up significantly and average sales prices also higher. “More housing inventory came on the market in March, yet...

Forecast: Sunny for N.Va. real-estate market in 2021

More sales and ever-upwardly spiraling prices are expected to continue throughout 2021 in the Northern Virginia real-estate market, despite a number of potential headwinds. The Northern Virginia Association of Realtors (NVAR) and the Center for Regional Analysis at George Mason...

Updated: N.Va. homes market shows ongoing strength

Who’d have thought, pre-pandemic, that the Northern Virginia real-estate market not only would have withstood COVID, but prospered in an era of economic uncertainty?
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Letter: Del. Simon lives his values, aids his community

Editor: In your Oct. 21 Fairfax legislative-races endorsements, you claim that the Del. Marcus Simon (D-53rd) is “disconnected from...
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