31.3 F
Tysons
Tuesday, December 7, 2021

real estate

Fairfax supervisors set tax-rate ceiling

Citing as they often do each year the need for wiggle room, a majority of the Fairfax County Board of Supervisors on March 9 agreed to advertise a maximum real-estate-tax rate of $1.15 per $100 assessed value for fiscal...

Editor’s Notebook: He seems to be toning it down a bit

Yours truly is on a lot of campaign/candidate/elected official email lists – it comes with the territory – and the post-presidency Trump people are making sure that I get the former president’s thoughts. Seems like there has been a switch...

Rising home prices continue to chip away at affordability

With rising home values outpacing household incomes, even small bumps up in median sales prices are having a disproportionate impact on housing affordability in the local area and nationally. A new study by the National Association of Home Builders (NAHB)...

New-home sales rise despite higher costs of materials

Strong demand stemming from low interest rates, favorable demographics and a shift to smaller, more affordable housing markets helped to lift new-home sales in January, but rising lumber and material costs threaten to blunt the momentum. Sales of newly built,...

Rising assessments to equal higher tax bills in Fairfax

Rising home values are a good thing for Fairfax County homeowners thinking about selling. But for those staying put, they will equate to higher tax bills this year. Residential home assessments rose an average of 4.25 percent from 2020 to...

Vaccine rollout could keep real-estate market hot

An increase in those availing themselves of the COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real-estate market. A new survey from Zillow finds 70 percent of homeowners say they would be comfortable...

Builder confidence solid despite lumber, legislative concerns

Strong buyer demand helped offset supply-chain challenges, a surge in lumber prices and the threat of increased regulation, as builder confidence in the market for newly built single-family homes inched up slightly in February to 84 on a 0-to-100...

Va. home sales start year off strong

Home sales and median sales prices continued their upward trajectory across nearly all areas of the commonwealth, with smaller and more rural areas faring best and the market for condominiums trailing. A total of 8,806 properties went to closing during...

Vaccine rollout expected to further boost home sales

An increase in those availing themselves of the COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real-estate market. A new survey from Zillow finds 70 percent of homeowners say they would be comfortable...

Arlington tax bills headed higher; stormwater charges to rise

Arlington homeowners are facing a prospective double whammy of higher assessments coupled with an increased tax rate under the fiscal 2022 budget proposal unveiled  Feb. 18 by County Manager Mark Schwartz and the maximum tax rates set two days...
- Advertisement -spot_img

Latest News

Memoirist goes back to his roots with Icelandic tales

Icelanders prize boldness, adventure and self-improvement through working in faraway lands. They call timid souls who never stray far...
- 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!