WASHINGTON (August 12, 2016) — In some school districts across the country, kids are already heading back to school after the summer break. While households with children commonly choose to buy a home in the late spring to get settled
July 2016 residential real estate sales have slowed from this point last year, though year-to-date performance remains strong. Year-over-year, the number of transactions fell by 4.7 percent, from 11,820 sales to 11,265. The value of transactions for July 2016 was
On August 5-7, shoppers in Virginia are encouraged to buy back-to-school items and take necessary precautions during hurricane season without paying state and local sales tax. This holiday is not restricted to Virginia residents – anyone can purchase exempt items in Virginia
The Virginia residential real estate market has continued year-over-year and longer 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
“Dare to Dream” in recognition of National Homeownership Month June is National Homeownership Month – a time for special recognition of the impact of owning a home and achieving a cornerstone of the American Dream. Homeownership is powerful for
NAR General Counsel Katie Johnson has made a video to help educate buyers about how to avoid being caught up in a wire fraud scam during their purchase of a residence.
As warmer temperatures approach and activity quickens in the residential real estate market, Virginia REALTORS® can offer tips on maximizing home value and comfort. The spring season provides a natural chance to refresh landscaping and invest in exterior projects, reorganize
It’s Tax Time…Don’t Forget your Home Office Deductions!
A First-Time Homebuyer Savings Plan allows any Virginian to set aside up to $50,000 toward the costs of closing on a new home. The earnings on those funds—interest and capital gains—are free from Virginia state taxes. Source: NEW! Virginia’s First
Virginia experienced year-over-year increases in residential home sales and median sales price in November 2015, continuing a trend of market improvement. Year-to-date sales through November 30, 2015, account for more than $32.02 billion in sales volume. Relative to the same