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Tuesday, December 7, 2021

real estate

Region home sales still solid, but headwinds may be on way

Home sales across the Washington region in October were down compared to the same month a year ago (during a period that had been artificially boosted by the COVID comeback), but showed good health compared to the market’s performance...

Survey says: Pet owners buying bigger houses

Nearly three-quarters of home buyers in 2021 reported having at least one pet, up nine percentage points from 2020, and pet owners are more likely to purchase larger homes with more bedrooms, according to a new survey. Zillow’s 2021 Consumer...

Single-family home construction holding steady despite challenges

Single-family housing production held steady in September, as strong demand helped to offset ongoing supply- chain disruptions of materials delivery.That’s according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The September...

Va. home sales back to seasonal ebb and flow

Home sales across Virginia, which had been blazing hot at times from the summer of 2020 through the summer of 2021, are definitely cooling, although that may simply be a return of seasonal variations that were the norm in...

Despite headwinds, homebuilders are an upbeat lot

Despite growing affordability challenges stemming from rising material prices and shortages, builder sentiment in the market for newly built single-family homes moved upward in October, according to the monthly National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index...

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...
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Editor’s Notebook: Get those boxes packed!

Yesterday marked the first day that sports czar Dave and I took some boxes from our current office across...
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