Property, Rentals, Transactions

Property, Rentals, Transactions

Virginia Association of REALTORS® Recognizes 2016 Award Winners

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.

August Continues Trends of Increasing Sales, Decreasing Inventory

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)

Virginia’s Housing Industry Economic Impact Study Released

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

Fraudsters used Nationwide Mortgage Scam to Victimize over 400 Homeowners and Families

Five California men have been sentenced for their roles in a nationwide home loan modification scam that victimized over 400 homeowners and families, resulting in a total loss of over $3.8 million.

Fredericksburg REALTORS® Foundation to Host Charity Golf Tournament

The Fredericksburg REALTORS® Foundation is hosting a charity golf tournament to raise funds to support local housing non-profits. The Foundation has raised tens of thousands of dollars since its creation in 1990 that have helped individuals and families secure and retain quality, affordable housing throughout the Fredericksburg area.

Virginia Association of REALTORS® lends aid in crisis

The Virginia Association of REALTORS® (VAR) is a leader in community impact throughout our state and even in other states affected by housing crisis as a result of natural disaster or other adversity. Recently, VAR offered a gift of $2,500 to the Louisiana Association of REALTORS® relief foundation to support recovery efforts for members and residents who have suffered from the recent flood crisis
Virginia Association of REALTORS

Virginia Residential Real Estate Market Shows Moderate Decline in Early Third Quarter

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.

Virginia housing market gains further strength with high-performing second quarter

The Virginia residential real estate market continued year-over-year and long term improvement according to the Second 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 34,688 units and $11.720 billion, respectively. Volume - the sum of all transactions for April, May, and June of 2016 - was 8.6 percent higher than the same period last year, and more than 20 percent higher than the second quarter of 2014.

2016 Second Quarter Home Sales Report

The Virginia residential real estate market continued year-over-year and long term improvement according to the Second 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 34,688 units and $11.720 billion, respectively. Volume - the sum of all transactions for April, May, and June of 2016 - was 8.6 percent higher than the same period last year, and more than 20 percent higher than the second quarter of 2014

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

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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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“Housing Stabilizes Communities and Powers Our Economy” Campaign Kicks Off This...

CHACE (Campaign for Housing and Civic Engagement), a statewide campaign to raise awareness during Virginia’s 2017 election season of housing as the platform for family stability and economic vitality, launched today in coordination with the Housing Week of Action, a nationwide effort sponsored by Our Homes, Our Voices