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Thursday, March 30, 2023

Virginia home sales

Absent miracle, Va. home sales to end year on down note

Barring a surprising Christmas, Hanukkah or Festivus miracle, Virginia home sales for full-year 2022 will be down by double digits from a year before, even as prices will show a year-over-year increase. With 10 months’ worth of data now in...

Va. home-sales data has reasons for optimism … and concern

There seems to be a tug-of-war going on when it comes to the Virginia real-estate market, with positive data battling it out against figures that show reason for concern. “The housing market continues to cool in Virginia – despite...

Home-buyer interest cooling, but not dead, in local area

Home-buyer enthusiasm across the region has cooled even as the thermometer has risen, but Northern Virginia jurisdictions continued to see solid, if easing, buyer demand in July, according to new data. The regional T3 Home Demand Index, which uses a...

Va. homes market seems to be transitioning to cooler climate

Statewide sales data for June seem to suggest that, indeed, the Virginia real-estate market’s mojo is cooling, with total sales activity from May to June up just 2 percent – much lower than a typical May-to-June rise in sales. A...

Va. home prices reach new record even as sales cool

The national real-estate market appears to be standing on the edge of a cliff staring over the precipice, but Virginia sellers continue to reap the rewards of a still somewhat pro-seller environment. In fact, the median home-sales price for properties...

Analyst: Fundamentals ‘remain strong’ in Va. housing market

Virginia’s real-estate market reported seasonal vigor in April, despite being held back by inventory issues and rising national economic woes. A total of 11,991 properties went to closing across the commonwealth during the month, according to figures reported by the...

Va. Realtors fear higher interest rates, other headwinds

Upwardly spiraling prices, a limited inventory, rising interest rates, the possibility of a recession and ramped-up world strife adding to the uncertainty. It’s no picnic in the park for prospective home-buyers these days, but Virginians seem to be moving forward...

Va. homes market coming back to seasonal norms

A comeback in what might be called urban-village communities in parts of Virginia is helping to lead a strong, though increasingly back-to-seasonal, statewide home market. A total of 13,424 properties went to closing across the commonwealth in October, according to...

Va. home sales still strong, but more are being priced out

Virginia’s real-estate market held firm in July, but an increasing number of would-be purchasers are being priced out as costs increase and competition for homes remains strong. “As home prices continue to rise and hit record levels in many markets,...

Va. home sales, prices higher in first half of year

Virginia closed out the first half of the year with hefty increases in home sales and median sales prices. A total of 73,533 properties went to closing from Jan. 1 to June 30, according to figures reported July 21 by...
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New School Board member receives liaison assignments

New Arlington School Board member Bethany Sutton has her assignments. School Board members on Feb. 2 are expected to approve...
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