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Third quarter strong for Va. CRE market, Realtors group says
Industrial market still hot; larger metros more resilient for office space
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Virginia’s commercial real estate market showed signs of strength in the third quarter, according to a report released Monday by Virginia Realtors. Office markets in Northern Virginia, Richmond and Hampton
Home sales, price growth to slow in 2022 after rapid 2021 rises
Virginia Realtors predicts home sales up 6.2% in 2021, 0.1% in 2022
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Virginia home sales in 2022 will be down by about a tenth of a percent compared to 2021 sales, according to a forecast report released Friday by Virginia Realtors. In
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Virginia sees 12% increase in new listings in April
Tight inventories have affected real estate industry for months
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The state saw a 12% increase in new residential real estate listings since March, according to Virginia Realtors’ April 2021 Home Sales Report released last week. Although it’s typical for
Virginia’s median home price jumps 9.8% over previous year
Median home price was $335k in March
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On April 20, Virginia Realtors reported that the median statewide home sales price for March was $335,000, up 9.8% from a year ago. Outlined in Virginia Realtors’ March 2021 Home
Virginia sees major housing inventory shortage
Industry experts see numerous cases of homes under contract on first sale day
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Across Virginia and the nation, real estate experts are singing the same tune: We’re facing a major housing inventory shortage that shows no signs of letting up soon. “Inventory is
Homes sell above listing price in Virginia
Realtors’ report also shows shrinking inventory, faster sales
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In its February 2021 Home Sales Report, Virginia Realtors says that homes in Virginia sold above their asking price on average, sales have quickened, and housing inventory has continued to
Va. saw 10.8% increase in home sales in 2020
Virginia Realtors predicts 2021 will also be strong year for real estate
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Virginia saw a 10.8% increase in the number of homes sold during 2020 compared with the year before, according to a report released by Virginia Realtors. It marks the fastest
Hampton Roads Realtors Association installs new chairman
Tanya Monroe to serve one of state's largest Realtors associations
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Berkshire Hathaway HomeServices Towne Realty announced last week that Tanya Monroe, the managing broker of its Chesapeake sales office, has been installed as Hampton Roads Realtors Association’s (HRRA) chairman for
Virginia Realtors installs 2021 president
Beth Dalton takes the helm of the professional organization
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Virginia Realtors announced last week it has installed Beth Dalton as the association’s 2021 president. Dalton earned her sales license in 2003 and her associate broker’s license in 2010. She