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The Virginia residential real estate market eclipsed prior year performance and approached nearly $38 billion in sales, according to the Fourth Quarter 2016 Home Sales Report released by the Virginia REALTORS® association. Key measures, including the total number of sales, value of all transactions, and median sales price, rose from their 2015 benchmarks.
According to the November 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), residential real estate sales surged for the month, contributing considerably to an already strong year-end. Year-to-date measures markedly outpaced prior years. Through the end of November 2016, volume (the sum of all transactions) exceeded $34.816 billion, a gain of 7.9 percent from last year’s total of $32.271 billion, and more than 20 percent higher than through the end of November 2014 ($28.688 billion)
Virginia buyers and sellers benefit from strong and stable third quarter housing market Year-to-date...
The Virginia residential real estate market continued year-overyear and long term improvement according to the Third Quarter 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR). Both the total number of sales and the value of transactions rose from the same period last year, to 32,949 units and $10.821 billion, respectively
August sales soar on year, rebound from restrained July RICHMOND, Va. (September 26, 2016) – According to the August 2016 Home Sales Report released by...
Claire Forcier-Rowe, Manager of Long & Foster Real Estate’s Hanover and Bay/River offices, has been elected to serve as 2017 President of the Virginia Association of REALTORS® (VAR). Claire will succeed Bill White as the elected leader of VAR, which is the largest trade association in the state of Virginia with more than 32,000 members. Forcier-Rowe will assume her new VAR post in November 2016.
The Virginia Association of REALTORS® celebrates its 2016 Award recipients. VAR conducted its annual awards ceremony in conjunction with the 2016 Annual Convention on Tuesday, September 20, at the Gaylord Resort at National Harbor. The ceremony celebrates excellence in various areas of real estate including property management, brokerage, and other business achievements along with notable community contribution.
A new study measuring the economic impact of Virginia’s housing industry has been released. The study found that Virginia’s housing industry generated $47.8 billion in economic activity in 2015, with $21.8 billion in direct output, making it the sixth largest private sector industry in Virginia by direct output
According to the July 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), residential real estate sales have slowed from this point last year. Following historical industry trend, July sales descended seasonally from their June peak. Despite a moderate decline in pace and volume for July, year-to-date measures have outperformed 2015. Volume through the end of July 2016 exceeded $22.071 billion, a gain of 5.1 percent from last year’s accumulation of $20.992 billion.