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US pending home sales decline in January amid low inventory, NAR reports
US pending home sales fell 0.8% in January due to low housing inventory, according to the National Association of Realtors. Contracts dropped in the Northeast and South.
Virginia homes staying on market longer
Home sales fell in Northern Virginia in January, while Hampton Roads gained and days on market increased statewide.
Virginia sees home sales decline across major markets
Inventory climbed in both Hampton Roads and Northern Virginia in November, but fewer deals closed as home sales declined.
Hampton Roads housing market remains competitive
Hampton Roads home prices hit a $375K median in June as low inventory drives demand, with new builds expanding in Suffolk and New Kent.
Housing supply, affordability gap remain top of mind for potential homebuyers
Households earning $75,000 a year can only afford 21.2% of all home listings, according to the National Association of Realtors and Realtor.com. In the 2025 Housing Affordability & Supply report released Thursday, NAR officials said that America’s housing affordability gap persists with less than one-fourth of all For Sale home listings economically feasible for potential buyers maki[...]
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
