Marketing & Statistics

Marketing & Statistics

November Residential Real Estate Sales Indicate Continued Market Growth

November residential real estate sales support the year’s strengthening market. Year-to-date sales through November 30, 2015, account for more than $32.02 billion in sales volume, according to the November 2015 Home Sales Report released by the Virginia Association of REALTORS® (VAR). Relative to the same year-to-date period for 2014, the value of sales transactions has increased by 11.7 percent. Both the number of units sold and the median sales price have risen steadily, contributing to the boost in year-over-year market performance

October Residential Real Estate Outperforms Last Year in Pace and Price October 2015 Virginia...

October residential real estate sales indicate sustained market improvement, with a rise of over five percent from the same time period last year. Higher volume coupled with a higher median sales price accounts for the bump in overall transactional value from $2.59 to $2.72 billion. According to the October 2015 Home Sales Report released by the Virginia Association of REALTORS® (VAR), sales each month this year have exceeded the sales for the corresponding months in 2014.

2015 Home Sales July: Virginia Residential Real Estate Market Shows Continuing Improvement

July residential real estate sales reflected a significant uptick from the same period last year, according to the July 2015 Home Sales Report released by the Virginia Association of REALTORS® (VAR). The 13 percent increase in sales over July 2014 continues an eight-year trend of year-over-year improvement. July sales are typically lower than the volume per month for June or any single month of the second quarter. In addition, the decrease of 8 percent from June indicates buoyancy from the 11 percent month-to-month dip averaged over the prior seven years for the same period.<

VIRGINIA HOME SALES TRENDING UP FOR SPRING SELLING SEASON

The Virginia Association of REALTORS® (VAR) released its April 2015 Home Sales Report, which confirmed that the spring selling season is well underway. Home sales increased by 5.72 percent from March to April and will likely continue to increase through June, based on historic seasonal trends

City of Alexandria Announces 2015 Real Estate Assessments

The City of Alexandria has mailed real estate assessment notices to all property owners, representing the fair market value of properties as of January 1, 2015.

Arlington County Board Reduces Real Estate Tax Rate in FY 2015 Budget Mark-up

The Arlington County Board today directed the County Manager to reduce the real estate tax rate by one cent in the Fiscal Year 2015 Budget. The Board's action came during the mark-up for the budget, which the Board is set to adopt during its April 22 meeting.

Hampton Council approves 2014 budget, trims tax ...

May 9, 2013 - (RealEstateRama) -- Hampton City Council approved a budget of $448,602,259 for fiscal year 2014, raising the property tax rate by 20 cents but trimming 3 cents off the maximum rate that was recommended last month. The year-over-year increase is 4.08%, with half of the increased revenue earmarked for schools and half for city operations

The Average Price of a Home in Loudoun County Jumps 14%

Leesburg, VA - April 17, 2013 - (RealEstateRama) -- The average price of a home in Loudoun County jumped 14% year over year for the month of March. This is following the month of February 2013 where we saw the average price of a home in Loudoun County rise 10% when compared to February 2012. The average price of a home for March 2013 is $445,134 with is up from February 2013’s average home price of $433,927. This trend should continue and is expected to continue as inventory levels are currently lagging behind demand from buyers. We have seen the numbers for New Listings and New Pending Sales increase month to month, however these numbers continue to be down significantly when compared to last year at this time. The numbers of closed sales have increased when compared to yearly and monthly numbers.

Overall Rate of Homelessness in Virginia Declines; Corrected Data Available

RICHMOND, VA - January 17, 2012 - (RealEstateRama) -- Virginia experienced a 7.2 percent decrease in homelessness from 2010 to 2012 according to data collected by communities. The number of persons in families with children experiencing homelessness declined by nearly 11 percent and the number of individuals experiencing homelessness declined by nearly 5 percent. However, the number of individuals experiencing chronic homelessness - individuals living with mental illness, co-occurring disorders, and chronic health conditions - increased slightly by 1 percent.

Business Personal Property Tax Deadline is Monday, June 6, 2011

May 17, 2011 - (RealEstateRama) -- Loudoun County Treasurer H. Roger Zurn Jr. reminds taxpayers that the deadline for payment of the first half business tangible personal property tax is Monday, June 6, 2011.

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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Warner Presses Federal Agencies on Patch Management in Wake of WannaCry

U.S. Sen. Mark R. Warner (D-VA), Vice Chairman of the Senate Select Committee on Intelligence and co-founder of the Senate Cybersecurity Caucus, wrote to Office of Management and Budget Director Mick Mulvaney and Secretary of Homeland Security John Kelly, asking what steps the federal government has taken to ensure that federal IT and contractor systems have installed critical security updates to defend against the WannaCry ransomware that has attacked and disabled hundreds of thousands of computers in 150 countries since Friday.