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real estate

Sphere Apartments at 2005 Brook Road in Richmond. Photo by Katherine Schulte/Virginia Business
Nov 7, 2025

Richmond Northside apartments sell for $45M

A 224-unit apartment complex in Richmond’s Northside neighborhood sold for $45.02 million in late October.

Eastport Industrial Park in Henrico County. Photo courtesy Equus Capital Partners.
Nov 5, 2025

Industrial park near Richmond airport sells for $142M

An eight-building industrial park near the Richmond International Airport sold for $142 million, according to news releases this week.

Xcelerate Solutions' leadership team cut the ribbon on its new headquarters space on Tuesday. From left: Mike Brokaw, Mark Drever, David Kapusta, Vivek Malhotra and Doug Kollme. Photo courtesy Fairfax County Economic Development Authority.
Nov 3, 2025

Xcelerate Solutions expands in Tysons

Defense and national security contractor Xcelerate Solutions is expanding its headquarters and workforce in Tysons.

BARBARA M. WOLCOTT
Nov 2, 2025

BARBARA M. WOLCOTT

CHAIRMAN AND PRINCIPAL BROKER BERKSHIRE HATHAWAY HOMESERVICES RW TOWNE REALTY CHESAPEAKE

US home turnover rate hits lowest level in 30 years
Oct 31, 2025

US home turnover rate hits lowest level in 30 years

Only 28 of every 1,000 U.S. homes changed hands this year, marking the lowest turnover rate since the 1990s amid a sluggish job market.

Modular housing manufacturer to hire 89 in Southwest Virginia
Oct 29, 2025

Modular housing manufacturer to hire 89 in Southwest Virginia

A modular housing production facility that will create 89 jobs within five years will soon come to Russell County.

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.

FILE - A "For Sale" sign is displayed outside a home on Friday, July 11, 2025, in Portland, Ore. (AP Photo/Jenny Kane, File)
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: […]

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