75.8 F
Tysons
Thursday, June 30, 2022

real estate

Homes market cools, but prices hit new heights

The national homes market may be perilously close to rocky shoals, but prices hit a landmark in May. The median existing-home price for all housing types in May was $407,600, up 14.8 percent from May 2021 ($355,000), as prices increased...

Realtor Q&A: Remembering that first million-dollar sale

Million-dollar home sales are now the norm in many areas of Northern Virginia, but that always wasn’t the case. For this quarterly real-estate guide, the Sun Gazette asked some of the region’s top real-estate professionals to remember back to their...

Fairfax s/f home prices stay above $1M on average

The average sales price of single-family homes sold in Fairfax County last month remained in seven-digit territory, and sellers were still getting in excess of 100 percent of asking price, even as the market begins to throttle down in...

Philly maintains lead over Fairfax for real-estate supremacy

They arm-wrestled almost to parity in May, but Philadelphia retains a commanding lead over Fairfax County for real-estate-sales supremacy in the Mid-Atlantic. Fairfax County recorded 1,754 home sales for the month (off 11.3% due largely to a dearth of inventory)...

Va. Realtors foresee a bad moon rising over market

It literally was just weeks ago that Virginia’s real-estate market was strongly favoring sellers, with prospective buyers scrambling to buy into communities in the wake of low inventory. What a difference a month or two makes. Members of the Virginia Realtors...

Survey says: Home-buying can bring the tears out

Buying a home in a competitive market can be a stressful experience, often most similar to the stress of planning a wedding or being fired, and a new Zillow survey shows that half of home-buyers say the process left...

Editorial: Real-estate crystal ball suddenly gets cloudy

A recent “flash poll” of members of the Virginia Realtors trade organization, covered in last week’s edition, offers a raft of at-times contradictory views on the state of the market. Not a surprise, since individuals have individual opinions and...

Builder confidence tanks on bad economic news

In another sign that the housing market is now slowing and taking the economy with it, builder confidence took a steep drop in May as growing affordability challenges in the form of rapidly rising interest rates, double-digit price increases...

Arlington homeowners cashing in at sales time

There may be an end in sight at some point for rising single-family home values in Arlington. But so far, it hasn’t been reached. The average sales price of the 100 single-family properties that went to closing in April was...

Fairfax still trailing Philly in real-estate footrace

Fairfax County and Philadelphia battled to a relative draw for real-estate supremacy for the Mid-Atlantic region in April, but that leaves the (supposed) City of Brotherly Love in a commanding lead as the first third of the year goes...
- Advertisement -spot_img

Latest News

Social-safety-net agency seeks backpack donations

Fairfax-based nonprofit Britepaths is seeking donations of funds and new backpacks to assist 2,500 students in need who attend...
- Advertisement -spot_img

Get our email updates

WHAT’S UP? 

 

Find out what’s going down around town

with our FREE newsletter from the Sun Gazette!