Spring sales boost Virginia residential real estate market
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
County Board Approves New Housing Near Four Mile Run
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
Virginia residential real estate market continues growth trend Year-over-year growth contributes to Virginia economy
The Virginia residential real estate market continued year-over-year improvement according to the First Quarter 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR). Indicating sustained long-term growth, both the number of sales and the value of transactions rose from this period last year, totaling 20,771 units and $6.34 billion, respectively. The value of transactions for the first quarter of 2016 was 2.2 percent higher than the first quarter of last year, and nearly 15 percent higher than the first quarter of 2014.
FAAR Announces Endorsements of Candidates for Local Elections
The Fredericksburg Area Association of REALTORS® (FAAR) announces endorsements for local elected offices in the City of Fredericksburg for the May 3, 2016 general election. “As a City resident and an active REALTOR® downtown, I am personally very interested in this year's election," stated FAAR Public Policy Committee Chairman Suzy Stone.
Board Approves First Increase in Tenant Relocation Payment since 2004
The Arlington County Board today approved the first increase since 2004 in relocation payments for tenants who are displaced by housing demolition, substantial rehabilitation or conversion from residential to non-residential use. The increase takes effect July 1.
County Efforts Continue to Reduce Homelessness
For the third consecutive year, the number of persons who are homeless in Arlington has dropped, down 27 percent in January 2016 as compared to January 2015. The data comes from the community’s annual Point-in-Time Count. The total for the 2016 count was 174, down from 239 in 2015.
In Paper or Online? More Options for Permit Applications
Effective immediately, customers can choose to submit in paper or electronically for Building Permit and Land Disturbance Applications. The County is making both options available, to make it easier for customers to submit their applications.
Warner, Kaine, Wittman, Forbes & Griffith Urge Administration to Approve Federal Support for Communities Impacted by Deadly February Tornadoes
U.S. Senators Mark Warner and Tim Kaine, along with Representatives Rob Wittman, Randy Forbes and Morgan Griffith, sent a letter to President Obama supporting Governor Terry McAuliffe’s request that the administration declare a major disaster declaration in response to the severe storm and deadly tornadoes on February 24, 2016. The storms impacted 12 localities in total and had a particularly destructive impact on Sussex, Appomattox and Essex Counties.
U.S. Senators Mark Warner and Tim Kaine joined a bipartisan group of 42 current and former Senators and 164 current and former House members from 38 states as well as the District of Columbia and the Northern Mariana Islands in filing an amicus brief in support of the Obama administration’s historic ‘Clean Power Plan’ (CPP). The CPP will reduce carbon pollution and address climate change, save consumers $155 billion by 2030, create jobs, and prevent 90,000 childhood asthma attacks through 2030‎
Firefighters and Red Cross Volunteers to Install Free Smoke Alarms
The Arlington County Fire Department (ACFD) and Red Cross in the National Capital Region are teaming up to reduce the number of fire-related injuries and fatalities by ensuring residents have working smoke alarms. Firefighters and Red Cross volunteers will kick off this initiative Saturday, April 2, from 9 a.m. to 1 p.m., by going door-to-door in the Douglas Park and Nauck neighborhoods, near Fire Station 9, to offer smoke alarm inspections and home fire safety checks. The teams will install free smoke alarms in homes that need them.