Monthly Archives: May 2016

The Virginia residential real estate market recorded booming spring sales according to the April 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR). Bolstering market strength and economic impact, the number of sales, value of transactions, and median price rose markedly from this period last year. In April 2016, there were 9,945 sales recorded for a total volume of $3.23 billion. The value of transactions for this April was nearly ten percent higher than the same month last year, and more than 18 percent higher than in April 2014 ($2.95 and $2.73 billion, respectively). Year-to-date, Virginia residential sales have totaled more than $9.61 billion

The Arlington County Board today approved The Berkeley, at 2900-2910 S. Glebe Road, a redevelopment project proposed by nonprofit housing developer AHC, Inc. One hundred and fifty-five of The Berkeley’s 257 apartments will remain affordable for decades. A majority of the affordable units will be family-sized, with two bedrooms or more