Tag:

Housing Market

US Home Sales Plunge To Lowest Level Since 1995: Here's Why US Home Sales Plunge To Lowest Level Since 1995: Here's Why
US Home Sales Plunge To Lowest Level Since 1995: Here's Why Home sales in 2024 tumbled to their lowest level in nearly two decades but the Northeast offered a small glimmer of hope in an otherwise challenging year for the housing market. Existing-home sales dropped to 4.06 million in 2024, the National Association of Realtors (NAR) said in a news release on Friday, Jan. 24. That figure marked the worst year for the US housing market since 1995. The sales drop happened as the median price of a home reached a record high of $407,500, up six percent from 2023. "The median home price was elevated partly due to the upper-end market's relative …
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.  Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says. This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions. Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…
Virginia Community Ranked Third 'Best Place To Live For Families' New Fortune Report Finds Virginia Community Ranked Third 'Best Place To Live For Families' New Fortune Report Finds
Virginia Community Ranked Third 'Best Place To Live For Families' New Fortune Report Finds If you know, you know.  It's no secret to Fairfax County residents, but Fortune made it official, naming Chantilly the third "best place to live for families" in a newly released ranking, citing it as "a serene escape" from the DC craziness. Researchers cited Chantilly's proximity to the city (24 miles), as well as Dulles International Airport, which is approximately seven miles away and is "convenient for family vacations."  "The community is largely residential, with just over 25,000 people, but there’s plenty to do," they said. "Along Route 50 you’ll find a number of…