Potential economic and political headwinds are unlikely to derail sales and price increases Northern Virginia’s 2025 housing market, industry experts believe.
That’s good news for prospective sellers, but purchasers, especially first-time homebuyers, could face continued challenges, according to a 2025 housing market forecast publicly unveiled on Tuesday (Dec. 17) by George Mason University researchers and the Northern Virginia Association of Realtors (NVAR).
At least one gunshot was reportedly fired at apartments in Tysons Towers, a senior living community off of Gosnell Road near the Greensboro Metro station.
Police officers responded to the 8500 block of Tyspring Street in Tysons at 7:58 p.m. last Friday (Nov. 22) after receiving a call for a “missile” fired into an occupied dwelling, according to the Fairfax County Police Department.
Fairfax County’s unemployment rate saw little movement in year-over-year in new data, while those seeking to rent apartments across the county are likely to be paying more than they would have a year before.
The new figures represent employment conditions recorded in September and housing costs in October.
Tysons continues to have the priciest apartment-rental costs in the D.C. region.
The median Tysons apartment-rental price in September was $2,654 ($2,414 for one-bedroom units and $2,894 for two bedrooms), according to figures reported last Thursday (Oct. 3) by Apartment List.
A nuanced effort to convert vacant office buildings into residential housing could be a net fiscal positive for the Fairfax County government.
That was the conclusion of an analysis presented to county leaders on Tuesday (Oct. 1). But it arrived with some caveats and some questions from members of the Board of Supervisors.
A fire blazed through multiple units of an apartment complex in Idylwood this morning (Wednesday), prompting a heavy response by the Fairfax County Fire and Rescue Department.
Units were called to the Falls Church Gardens Condominiums in the 2700 block of Hollywood Road around 9:15 a.m. for what turned into a two-alarm apartment fire.
A developer is seeking to expand on the Cavalier Club apartments in Seven Corners on both sides of the Fairfax and Arlington county line.
A 110-foot-tall multi-family building with 250 apartments and 5,000 square feet of retail space has been proposed at 6200 Wilson Blvd on the Arlington County border, according to a rezoning application filed with Fairfax County on May 31.
The transformation of a former Residence Inn in Herndon into housing is complete.
Rebranded as Trellis, the new apartment complex welcomed its first residents with year-long leases this month.
Some aspects of the St. John’s Wood Apartments (11555 Olde Tiverton Circle) in Reston may soon change, despite some qualms from local residents and community groups.
The DSF Group — the real estate investment company that owns the property — is in the process of rebranding the apartments to “Halstead Reston” and plans to modernize the look and feel of internal and external signage.
The available parking at the Tysons Towers apartments has proven inadequate, the property owner says.
Identified in Fairfax County property records as the Fairfax Education Association Retirement Housing Corporation, the owner is seeking to add 24 parking spaces at the apartment building, which exclusively houses seniors 62 and older and people with disabilities.
