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Thursday, December 1, 2022

Virginia Realtors

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 buyers, sellers seem to be taking a breather

Those seeking more proof that the real-estate market seems to be going into wintertime hibernation need only look to the most recent sales and sales-price figures from the Virginia Realtors trade group. The 8,828 sales recorded statewide in October represented...

Va. Realtors’ survey confirms ongoing market tumble

A combination of economic malaise, affordability concerns, higher interest rates and the general seasonality of the market have left a sour taste in the mouths of Virginia’s real-estate professionals. The monthly “flash survey” of members conducted by the Virginia Realtors...

N.Va. seeing largest home-sales dropoff in commonwealth

Northern Virginia in September saw the largest year-over-year decline in home sales among the commonwealth’s eight broad geographic areas as defined by the Virginia Realtors trade group. With 3,180 sales in September 2022 and 4,573 in September 2021, the year-over-year...

Va. home prices stay up even as sales continue slide

Total sales volume in Virginia’s residential-real-estate market in September slid $1.1 billion – about 20 percent – from the same month a year before, as the market continues to try and fight off economic headwinds. Sales for the month statewide...

Va. home sales expected to be down, prices up in 2023

Home sales across the Old Dominion in 2023 are expected to be down from the sluggish pace of 2022 but sales prices are expected to continue to advance, if more modestly, according to a new forecast from Virginia Realtors. “Upward...

Sentiment among Va. Realtors takes another tumble

A combination of a rough economy, ongoing inventory challenges, skittish prospective buyers and the return of seasonal ebb and flow is likely to lead to a chilly winter in Virginia’s real-estate market. Nearly two in three respondents (66%) to a...

Northern Virginians enshrined into Va. Realtor hall of fame

Two Northern Virginians are among the 2022 Virginia Realtors Hall of Fame honorees. Reggie Copeland and Christine Richardson, both representing the Northern Virginia Association of Realtors, were enshrined into the pantheon by Virginia Realtors’ president Denise Ramey. They were joined...

Va. home buyers, sellers may be taking breather to sort out market

With the real-estate market cooling along with the temperatures, it may be a case of both buyers AND sellers across the state taking a breather for a few months. With some prospective buyers being priced out by the double-whammy of...

Bears outnumbering bulls among Va. Realtors

A majority of Virginia Realtors taking part in a monthly confidence survey now believe home prices across the commonwealth will drop in coming months, reversing a long-held belief by many that the market, while cooling, wasn’t going to enter...
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Arlington History, 12/1/22 edition

News that was making news in years gone by. December 4, 1942: •• The County Board is considering adoption of an...
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