Tax Reform Impacts Not Hindering Northern Virginia Buyers, Sellers; January's Home Average, Median Sales Prices Climb 3 Percent,   Pending Contracts Rise 15 Percent; Economic Outlook Remains Favorable, Reports the Northern Virginia Association of Realtors®   Fairfax - While 2017 homeownership rates have reached the highest level since mid-2014 according to Census Bureau data, and 2017 home prices reached new highs for the past decade, we are starting this year off with solid rises in home values, said Lorraine Arora, the 2018 NVAR Chairman of the Board and Weichert, Realtors® Fairfax regional managing broker.   "With our local economy thriving, the nominal predicted interest rate hikes are a signal of our strong national…

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REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by SmartCharts, an affiliate website of Real Estate Business Intelligence (RBI). The market statistics are gathered through data provided by the Metropolitan Regional Information System (MRIS), which serves as the multiple listing service for Prince William County.

A total of 562 homes were sold in November 2017, an increase of 6.4 percent compared to November 2016 closed sales. New listings increased as well by 1.2 percent year-over-year, from 571 new listings to 578. The number of new pending was up this month by 7.6 percent year-over-year, from 581 pending to 625. Active listings were down with 1,081 active listings in…

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