Property, Rentals, Transactions

Property, Rentals, Transactions

Arlington County Board Adopts $1.25 Billion FY 2018 Budget

The Arlington County Board today adopted a $1.25 billion balanced General Fund Budget for Fiscal Year 2018 that includes a one-and-a-half-cent increase in the real estate tax rate for Calendar Year 2017.

Virginia Residential Real Estate Market Ended 2016 with Impressive Strength

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.

Virginia Home Sales Surge in November

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)

Fredericksburg Area Association of REALTORS® Hosts Annual Cereal Drive

The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Cereal Drive to benefit the Fredericksburg Regional Food Bank and other food pantries throughout the area. 2016 proved a record-breaking year with FAAR members collecting 14,248 boxes of cereal.

Virginia buyers and sellers benefit from strong and stable third quarter housing market

The Virginia residential real estate market continued year-over-year 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

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

September Brings More of the Same for the Local Real Estate Market

The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of MRIS multiple listing data provided through RealEstate Business Intelligence, LLC (RBI).
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Kettler’s New High-Rise Revives Old Post Office Site and Provides Spark For Crystal City

Kettler, one of greater Washington, D.C.’s leading real estate development and property management companies, announced today the opening of m.flats Crystal City, an 11-story, 198-unit, high-rise apartment building located in the Crystal City neighborhood of Arlington, Va

Virginia Residential Real Estate Market Bounces Back with August Boom

August sales soar on year, rebound from restrained July RICHMOND, Va. (September 26, 2016) – According to the August 2016 Home Sales Report released by...

Virginia Association of REALTORS® Elects Claire Forcier-Rowe as 2017 President

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.

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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.