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Homeowners turn to cash-out refinancing to take advantage of big gains in home equity
U.S. homeowners are cashing in on record equity, pulling an average $94K via cash-out refis despite high mortgage rates.
Averett plans $18.15M sale-leaseback of North Campus
Averett University, which is weathering a financial crisis, seeks bondholder approval of an $18.15M sale-leaseback of its North Campus
Virginia Beach solicits development proposals near convention center
The Virginia Beach government is seeking proposals from developers for a commercial or residential project near the city’s convention center.
Rheinmetall subsidiary relocates U.S. hub to Fairfax
Rheinmetall has relocated the headquarters of two of its U.S. subsidiaries to a new, 10,000-square-foot space in Fairfax County.
Thalhimer taps new commercial property services leader
Cushman & Wakefield | Thalhimer announced that Jim Roman has joining the company as new leader of commercial property services.
CoStar sues Zillow for alleged copyright infringement
CoStar Group has sued Zillow, claiming that the real estate website is using its copyrighted images illegally.
Eight Northern Virginia medical offices sold in joint venture
Remedy Medical Properties and Kayne Anderson Real Estate recently acquired eight Northern Virginia medical office buildings.
Carilion to build first two freestanding emergency departments
Carilion Clinic on Tuesday announced plans to open two freestanding emergency departments offering 24/7 emergency care.
Chesapeake approves 130+ condo development
Chesapeake City Council last week approved a rezoning request that will allow for the construction of up to 137 condo-style units.
US home sales fall in June as prices soar to new heights
LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors […]
Home sales increase across Virginia
Housing sales increased year-over-year in north Northern Virginia, Central Virginia and Hampton Roads, signaling a healthy market.
Richmond Realtors assoc. survey: Housing affordability tops Richmond voters’ concerns
Housing affordability and availability are the most pressing concerns for Richmond voters, according to a new citywide survey.
