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real estate

The First National Exchange Bank building in downtown Roanoke. Photo courtesy The Promissory Hotel.
Oct 27, 2025

Historical Roanoke bank to reopen as music hall, hotel and restaurant

The First National Exchange Bank building in Roanoke is about to start a second life housing a boutique hotel, restaurant and 1,200-capacity venue.

US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Oct 27, 2025

US home sales accelerated in September to their fastest pace since February as mortgage rates eased

Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.

Average rate on a 30-year mortgage drops to lowest level since April
Oct 27, 2025

Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year

The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.

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Oct 23, 2025

Northern Virginia sees return to office spike

Avison Young reported that office attendance in Northern Virginia reached 64.8% of pre-pandemic levels in August.

Real Estate and Construction: Stagnant with some silver linings
Oct 17, 2025

Virginia sees home sales rise in major markets

Home sales rose year-over-year in Northern Virginia, Central Virginia and Hampton Roads in September, a sign of a stable market.

Back to school, back to buying? How fall affects Northern Virginia homebuyers
Oct 17, 2025

Back to school, back to buying? How fall affects Northern Virginia homebuyers

As the school year begins in Northern Virginia, many might assume the housing market cools as quickly as the morning air. While spring often grabs the spotlight as the busiest buying season, fall in our region has its own rhythm — shaped by shifting priorities, changing inventory, and unique economic forces. Spring and Summer 2025: […]

Photo courtesy the Hotel Roanoke & Conference Center
Oct 16, 2025

Virginia Tech Foundation may sell Hotel Roanoke

The Virginia Tech Foundation is exploring the sale of the historic Hotel Roanoke after more than 30 years of ownership.

A bird's-eye view of the property Virgnia Beach is considering for action sports. Image courtesy Virginia Beach
Oct 14, 2025

Virginia Beach considers another sports venue on Oceanfront

Virginia Beach wants another major sports venue near the Oceanfront and is asking developers to pitch ideas on how to proceed.

New York AG Letitia James charged with mortgage fraud over Norfolk home
Oct 9, 2025

New York AG Letitia James charged with mortgage fraud over Norfolk home

New York AG Letitia James was indicted on mortgage fraud after Trump pushed DOJ to pursue charges against his political foes.

Newport News targets 12 sites for development
Oct 2, 2025

Newport News targets 12 sites for development

During a economic development summit on Thursday, Newport News city leaders unveiled 12 sites they want to see redeveloped.

Woman accused of running high-end brothels in Northern Virginia and near Boston set to be sentenced
Oct 1, 2025

Virginia AG sues Zillow, Redfin over $100M agreement not to compete

Virginia Attorney General Jason Miyares filed an antitrust lawsuit against real estate website Zillow and Redfin.

Statewide home sales, inventories rose in November
Sep 25, 2025

Virginia housing sales remained flat in August but prices rose

Virginia Realtors reports that the state's housing market sales remain essentially unchanged from last year’s August numbers.

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