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Wednesday, October 20, 2021

real estate

Fairfax home sales show both strength and seasonality

Excepting 2020 (the reason being explained down below), Fairfax County’s real-estate market had its strongest September in a decade this year, with larger-than-normal sales totals and still-increasing (if not booming) prices across various market segments. Whether this modest momentum can...

Per-square-foot costs keep rising for local home-buyers

Home-buyers in the local region are paying more, on a per-square-foot basis, than they were in 2020, with the outer suburbs seeing a higher rate of growth. Every major jurisdiction the Washington metro area has seen a year-over-year increase in...

Weichert taps industry veteran for regional post

Susan Westbrook, who has held leadership posts at a number of local real-estate agencies, has been tapped as a regional vice president in Weichert, Realtors’ Capital Region, responsible for the management and growth of the company’s 12 sales offices...

Maybe recent real-estate frenzy not quite as crazy as we thought

Was the late-2020-into-early-2021 real-estate market really as hot-hot-hot (and chaotic) as anecdotal evidence suggests? A new analysis says maybe not. Although it also suggests the process was more challenging for first-time buyers. The record-setting housing market that began several months after...

Regional homes market sees strong first two-thirds of year

Northern Virginia’s home-sales market has not only outperformed the unusual 2020 market during the first eight months of the year, but also is significantly ahead of more normal-year markets of the past, as well. The five largest jurisdictions across the...

More seasonal normality returning to Va. homes market

Home sales across Virginia remained solid if not spectacular in August, but the market seems to be returning to more seasonal ebbs and flows after nearly 18 months in which it was first knocked around by COVID, then got...

Homes across region finding buyers at brisk pace

The figures may head higher as the market cools slightly, but for the first eight months of the year, homes were selling at a brisk pace, according to new data. Leading the pack were Loudoun and Prince William counties, where...

Despite concerns, home-builder confidence edges up

Builder confidence inched up in September on lower lumber prices and strong housing demand, even as the housing sector continues to grapple with building-material supply-chain issues and labor challenges, according to a monthly survey. Ending a three-month decline, builder sentiment...

Single-family sales prices still well above $1M in Arlington

Arlington’s real-estate market, which has been hot since the summer of 2020, is showing signs of cooling off, but prices in the single-family sector are holding steady, according to new data. A total of 299 properties went to closing in...

Regional homes market cooling, but nowhere near cool

After a year in which the local real-estate market was turned higgledy-piggledy – first shut down briefly by COVID, then roaring back to life with a vengeance – it appears to be settling back into a more normal seasonality. And...
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Latest News

New Hunter Mill Road bridge to take another step forward

Fairfax County supervisors on Oct. 19 were slated to give the go-ahead for a project-administration agreement with the Virginia...
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