CNBC’s Nightly Business Report recently featured EYA’s president, Bob Youngentob, speaking about increased sales and the impact on homebuilder confidence. Homebuilder confidence has risen to the highest level in almost a year, as reported by the National Association of Home Builders (NAHB) Housing Market Index. What is driving the surge? The report noted that job creation and tight supply are fueling demand. Mr. Youngentob also added that as interest rates have remained low for quite some time, buyers fear that rates will rise, which has encouraged activity.
The New York Times interviewed EYA’s president, Bob Youngentob, as part of their showcase of the upcoming redevelopment along the Old Town Alexandria waterfront. Until recently, a prime section of the waterfront has been home to a group of industrial warehouses and underutilized by residents and visitors. As part of a larger City plan to revitalize the waterfront, EYA is transforming three acres bordered by Duke, Union, and Wolfe Streets to help enhance access to and enjoyment of the waterfront.
EYA's 45-Acre Westside neighborhood is spurring numerous other developments adjacent to Metro's red line station at Shady Grove.
In a recent study by the National Association of Realtors, surveyors confirmed a fact that EYA has long known: today's homebuyers prefer walkable neighborhoods close to shops and transit. The study was covered by the Washington Business Journal, in which writer Kent Hoover urged the housing industry to do more to adapt to this trend. Looking for a walkable neighborhood to call 'home'? Discover modern townhome living at EYA.com.
We're excited to share Roger K. Lewis' most recent piece on transit-oriented development, a concept that's at the very heart of life within walking distance. We work tirelessly to deliver on the best, timeless practices in urban living and neighborhood design. You can see some evidence of our past commitments smart growth on EYA.com. Enjoy!
EYA has been named “Best Residential Builder” in Washington City Paper’s Reader’s Poll for the 3rd year in a row! The annual Poll attracts thousands of participants around Washington who vote for their favorite businesses, people and places in over 100 categories.