Just under 10% of Fairfax home-sellers cut their asking prices last week, but more prospective buyers were on the hunt for homes in the county, according to new data.
Countywide, listing prices were reduced for a total of 9.9% of active listings during the week that ended last Sunday (Nov. 2), according to figures reported by Bright MLS, the region’s multiple-listing service.
A mix of pride and gratitude filled the voices of the government and nonprofit officials who spoke at a ceremonial groundbreaking yesterday (Monday) for Fairfax City’s latest housing project.
Speaker after speaker emphasized the array of contributors whose shared belief that housing should be a basic right, not a privilege, paved the road to construction for Beacon Landing, a 54-unit apartment building for people who are at risk of or experiencing chronic homelessness.
Fairfax County in October saw rising year-over-year apartment rents in most corridors except Tysons, which saw a decline but remains the priciest area countywide.
Six of seven areas across Fairfax posted median rent increases ranging from less than 1% to 7%, according to figures reported Oct. 30 by Apartment List.
The final phase of a three-part office-to-housing redevelopment in Oakton is one step closer to the end of its journey.
At its meeting last week (Oct. 22), the Fairfax County Planning Commission unanimously recommended approval of a rezoning of the Three Flint Hill office building at 3201 Jermantown Road for Flint Hill Propco LLC.
The Town of Herndon is seeking public feedback for a new plan to guide future housing development.
TPMA, a consultant hired by the town this spring, launched a community survey last Wednesday (Oct. 15) to get a better understanding of the current state of housing in Herndon and what residents of both Herndon and the wider D.C. region would like to see prioritized in the years to come.
Plans to raze an aging office building and replace it with 400 residential units in the Fairfax Ridge Road area of Fairfax Center won unanimous support from the Fairfax County Planning Commission last Thursday (Oct. 16).
The proposal to amend the county’s comprehensive plan guiding development of the site will now be considered by the Board of Supervisors on Tuesday, Nov. 18.
Workdays at 1895 Preston White Drive are getting lonely for the Corporation for National Research Initiatives, the owner and sole occupant of the Reston office building.
After trying without success to attract other tenants, the information technology research nonprofit has given its support to a developer seeking to transform the 4.6-acre office property just south of the Dulles Toll Road into a new residential community.
A new supply of townhomes could be in store for Pimmit Hills, meeting a demand evidenced by the speed at which developer EYA’s Tysons Ridge neighborhood sold out.
The owner of the nearby office complex at 7600 Leesburg Pike secured the Fairfax County Board of Supervisors’ approval on Tuesday (Oct. 14) for a redevelopment that will replace the two existing buildings with over 100 townhomes.
The last undeveloped parcel in the Woodland Park East development near the Herndon Metro station will move forward with multifamily residential units and a self-storage facility, rather than the previously proposed twin office buildings.
The Fairfax County Board of Supervisors voted unanimously on Tuesday (Oct. 14) to support developer Trammell Crow Residential’s request for zoning changes on “Block E,” a 3.3-acre parcel on the northeast portion of the 32-acre Woodland Park property. It is located between the Dulles Access Road to the north and Woodland Park Drive to the south and Monroe Street to the east and Corporate Park Drive to the west.
Home sales and average sales prices across Fairfax County rose in September, as buyers cashed in on lower interest rates despite ongoing economic concerns.
A total of 953 properties went to closing for the month, up from 920 in September 2024, according to figures reported Friday (Oct. 10) by Bright MLS, using data from MarketStats by ShowingTime.
