Sign In
Free Newsletter
NoVa, Hampton Roads home sales fall in March
Home sales in Northern Virginia and Hampton Roads dropped year-over-year in March, a reversal from sales growth seen in February. Median sales prices, though, continued to rise. Northern Virginia Northern Virginia home sales in March dropped 13.8% from March 2023, a reversal from the year-over-year sales growth seen in February, according to data the Northern […]
Atlantic Union names new Hampton Roads president
Richmond-based Atlantic Union Bank has named Lisa Morgan its new Hampton Roads market president, the Richmond-based bank announced Monday. Morgan will also continue to hold the role of wealth relationship director with the bank’s wealth consulting group, a position she has held since she joined Atlantic Union Bank in 2021. Morgan will be the first […]
Home sales, prices up in NoVa, Hampton Roads, Central Va.
The Northern Virginia, Hampton Roads and Central Virginia housing markets showed positive trends last month, with month-over-month and year-over-year increases in home sales and median sales prices. Northern Virginia Northern Virginia home sales in February grew 2.2% from February 2023, marking the first year-over-year growth in the market’s home sales since November 2021, according to [&hel[...]
Eastern Va. Big Deal: Prime location
Doug Smith isn’t surprised Amazon.com has extended its reach in Hampton Roads. The Hampton Roads Alliance president and CEO says Amazon’s expansion in the commonwealth has been a constant since the global e-commerce behemoth announced in 2018 that it would locate its East Coast corporate headquarters, Amazon HQ2, in Arlington County. The latest push includes […]
Eastern Va. Year-in-Review: Striking a balance
Economic development directors often try to balance diversifying their community’s industries while playing to regional strengths. Sean Washington, Norfolk‘s economic development director, believes his city found that balance in 2023. Norfolk has found growth around alternative energy, with Lambert’s Point being developed into a launching point for an offshore wind energy hub at [...]
Hampton Roads Exec Roundtable adds four board members
The newly formed Hampton Roads Executive Roundtable elected four new board members at its January meeting, the organization announced Monday. William “Bill” Murray, senior vice president of corporate affairs and communication for Richmond-based Dominion Energy; Towuanna Porter Brannon, president of Virginia Peninsula Community College; Matthew Swartz, executive director and chief of st[...]
Seeing the sites
Despite boasting a world-class port, a highly skilled workforce and easily accessible transportation infrastructures, Hampton Roads perennially comes away empty-handed in attracting large-scale industrial developments. Chalk it up to the region‘s lack of shovel-ready sites, a situation that state and local economic development and political leaders are fervently working to change. Last year,[...]
REIN elects new board
The Real Estate Information Network has a new board of directors and executive committee, the multiple listing service for the Hampton Roads region announced Wednesday. The 2024 board includes: Gary Lundholm, president Barbara Wolcott, vice president Barry Nachman, treasurer Kimberly Plourde, secretary Lee Cross, director Amy Doll, director Dorcas Helfant-Browning, director Cavelle Mollineaux, dir[...]
Virginia 500 Spotlight: PAT DAVIS-HAGENS
WHAT’S IMPORTANT TO ME: My very first head nurse, whom I quote to this day, Mary Grace Penney, instilled in me the value of patient-centeredness and teamwork, with high levels of accountability to your team and patients. WHAT MAKES ME HAPPIEST: I love that I have been able to remain patient-focused throughout my entire career. […]
Hampton Roads home sales down in November
Home sales in Hampton Roads were down in November, both compared with October and November 2022, the Real Estate Information Network (REIN) reported in December. A total of 1,690 settled sales were down 10.77% from October and 12.12% from November 2022, according to REIN. Pending sales were also down 7.69% compared with October and 7.16% […]
Riddle Associates names new president
Riddle Associates, a Chesapeake-based commercial industrial real estate brokerage, promoted Lindsey Riddle Elliott to president and principal broker in November, the brokerage announced Wednesday. Elliott formerly served as executive vice president and has been with Riddle for 15 years. She replaces her father, Robert L. Riddle, who founded the firm in 1988 and is now […]
Va. Beach Vision exec director to retire
Martha McClees, executive director of business advocacy group Virginia Beach Vision, plans to retire next year after 16 years, the organization’s board announced Tuesday. McClees, who joined VBV in 2008, said in a Nov. 30 letter to the board that she would retire May 31, 2024. The board, led by Virginia Wesleyan University President Scott […]
