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).
A plan to build 24 cottage-style independent living units on The Virginian compound along Arlington Blvd in Mantua have taken a key step forward.
The Fairfax County Planning Commission voted unanimously on Dec. 11 to recommend that the Board of Supervisors approve the new facilities at 9229 Arlington Blvd on the south side of Route 50 between Blake Lane and Nutley Street, just east of Fairfax City.
Though Herndon’s downtown revitalization push has stalled, a key piece of the town’s vision for development outside its Metro station reached a milestone last month.
The Town of Herndon Architectural Review Board (ARB) gave its approval on Nov. 20 to architectural and landscape design plans for the first phase of Fairfield Residential’s 555 Herndon Parkway project, a multifamily residential building with retail that will later be complemented by an office building.
A proposal that would bring 131 independent-living, assisted-living and memory-care units to a parcel along Route 7 in the Reston/Great Falls area is advancing to the Fairfax County Board of Supervisors.
The Fairfax County Planning Commission recommended approval on Dec. 11 of the facility planned by Silverstone Senior Living at 10819 Leesburg Pike, across from Riva Ridge Road and west of Baron Cameron Avenue.
The Fairfax County Planning Commission gave its support last week to a mixed-use development dubbed McLean Crossing in Tysons.
The proposal for redeveloping the Commons of McLean apartments at 1640 Anderson Road will now be considered for final approval by the Board of Supervisors in the new year. Ultimately, as many as 5,000 people could call the property their home.
Fairfax County officials are working to get to know roughly 1,750 residents of the area’s eight manufactured homes better.
“We are really hoping to understand the needs,” Fairfax County Department of Housing and Community Development Affordable and Manufactured Housing Program Manager Ivana Escobar told the Board of Supervisors housing committee at a Tuesday (Nov. 26) meeting.
Redevelopment of vacant commercial parcels in Springfield into housing is one step closer to reality, though there are still contentious issues to be worked through later in the process.
The Fairfax County Board of Supervisors unanimously approved Comprehensive Plan amendments on Tuesday (Nov. 19) to permit up to 732 multifamily units and ground-floor non-residential uses on multiple parcels along Springfield Blvd and Amherst Avenue.
The new townhomes under construction along Route 7 in Pimmit Hills have all been snapped up.
Developer EYA announced in late October that all 104 townhouses in Tysons Ridge have been sold, months ahead of the anticipated completion of construction.
Homebuyers across Fairfax County paid, on average, 7.8% more per square foot in October than they did a year before.
Fairfax’s average per-square-foot price of $374, up from $347 in October 2023, was in the middle of the Northern Virginia pack, but the year-over-year increase was on the high side across the D.C. region and broader Mid-Atlantic corridor.
A proposal for new housing in the Woodland Park community near Herndon is moving to the Fairfax County Board of Supervisors with a positive recommendation.
The Fairfax County Planning Commission voted unanimously on Wednesday (Nov. 13) to approve the plan by Pulte Homes to put two five-story buildings with 72 total residential units on a parcel near the intersection of the Dulles Access Road and Centreville Road, just north of Sunrise Valley Drive.
