Things continue to look up for the housing market. Home sales are growing and foreclosures are on the decrease.
Wednesday, the Virginia Association of Realtors released their 2012 housing report. The state of Virginia saw an 8 percent growth year-over-year in home sales during 2012. Central Virginia saw an even greater increase at 11 percent year-over-year. Charlottesville and Albemarle County saw one of the greatest increases in sales.
"Home sales in central Virginia are up by about 11 percent, when we look at our numbers from a more localized level they're actually up about 15 percent year over year," said Jim Duncan, a real estate broker.
Each region throughout the commonwealth either held their median sales prices or experienced a price increase.
Housing Report Shows Virginia Market Looking UpMore>>
Molly joined the NBC29 news team as a general assignment reporter in September 2012.Full Story
Molly joined the NBC29 news team as a general assignment reporter in September 2012. She graduated from University of Missouri where she majored in broadcast journalism. Email/Follow on Twitter/ Full Story
Thursday, May 23 2013 11:03 PM EDT2013-05-24 03:03:53 GMT
The Western Albemarle boys and girls soccer teams both captured Jefferson District championships Thursday night in Fluvanna County. Chase Stokes scored the only goal of the match in the 69th minute toFull Story
The Western Albemarle boys and girls soccer teams both captured Jefferson District championships Thursday nightFull Story