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While home sales activity has slowed across much of Virginia as a result of COVID-19, the Commonwealth’s housing market has demonstrated greater resiliency than many housing markets across the country.
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Home sales in Virginia were down in April due to the COVID-19 lockdowns, but the decline was not as severe as many had anticipated, and some local markets remained strong during the month.
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Gov. Ralph Northam today shared new resources to protect Virginians from eviction and support individuals who have lost their job or income due to the COVID-19 lockdowns.
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U.S. Sens. Mark Warner and Tim Kaine today applauded $7,387,190 in federal funding to help promote access to housing in the Commonwealth.
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The U.S. Department of Housing and Urban Development has awarded $274,168 to public housing agencies in Virginia’s Ninth District to support housing assistance for low-income residents.
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The March 2020 Home Sales Report from Virginia REALTORS® show the early signs indicating a slowdown is on the way.
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U.S. Sen. Mark Warner is leading a call for the Financial Stability Oversight Council to action to avoid an impending crisis in the housing finance system due to the economic fallout of the novel COVID-19 outbreak.
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U.S. Sens. Mark Warner and Tim Kaine announced $52,292,406 in federal funding to support access to safe and affordable housing throughout Virginia.
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To a certain extent, the real estate market obeys the demand and supply principle, but with some little tweaking, it can also deviate from the principle.
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The February 2020 Home Sales Report from Virginia REALTORS® had the Commonwealth’s housing market looking strong in the early part of 2020, with robust demand and low inventory.
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