3
26
STUDENTS SHINE IN MODEL ASSEMBLY
LOCAL SUBWAY STICKING AROUND
6-7 18 38 38
31
ROUNDUP OF RECENT BASEBALL ACTION
Opinion Real Estate Classified Crossword
Find our spring lawn & garden guide inside!
Admission Open House | April 28 & May 10 | 9:00 am
WWW.G R E E N H E D G E S .ORG | VI E N N A , VA
Sun Gazette
VOLUME 82 NO. 20 APRIL 20-26, 2017
ARLINGTON’S SOURCE FOR HOMETOWN NEWS SINCE 1935
Affordability Hampering First-Time Buyers As Spring Real-Estate Market Heats Up, Pickings are Slim in More Modest Price Ranges
As was the case a decade ago, the region’s healthy real-estate market is leaving prospective first-time purchasers in the lurch. “Entry-level buyers have very little to choose from in the price range below $400,000,” said Bob Adamson, chairman of the Northern Virginia Association of Realtors, who called the lack of inventory (at nearly all price points) the
potential Achilles heel of the local market. That caution came as the Northern Virginia homes market got off to a solid spring start, with March home sales up by more than 15 percent from a year before and average sales prices also on the rise. A total of 1,779 properties changed hands across Northern Virginia last month, accord-
ing to figures reported by RealEstate Business Intelligence, an arm of the local multiplelisting service. That’s up from 1,542 sales in March 2016. (Figures represent properties going to closing in Arlington and Fairfax counties and Continued on Page 28
RELATED: Single-family homes that sold in Arlington last month averaged nearly $1 million each, according to new data, as the market got into the swing of spring early. See full coverage on Page 8.
THE NEVER-ENDING HUNT FOR EASTER EGGS!
Jeremiah Burke grabs a colorful egg and is on the prowl for more at the annual Easter egg hunt at Clemyjontri Park in McLean, held on April 8. Conditions were just right for youngsters to hunt for eggs and spend some time with the Easter Bunny. PHOTO BY DEB KOLT
www.insidenova.com l Like us on Facebook: sungazettenews l Follow us on Twitter: @sungazettenews @sungazettespts Local Postal Customer PAID
703.528.2288
www.BuckRealtors.com
PRSRT STD ECRWSS U.S. POSTAGE
Years
PERMITNO.1371
41
LAUREL, MD
ONLINE