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CBRE taps new leader for Richmond, Norfolk
Global real estate services and investment firm CBRE has promoted Sarah Cooley to managing director and market leader for southern Virginia.
TTR Sotheby’s reshapes executive team
TTR Sotheby’s International Realty names a new CEO and president and COO as longtime leader Mark Lowham becomes chairman.
Apartment-style hotel coming to Hampton in 2026
North Carolina-based stayApt Suites plans to open a 103-suite hotel in Hampton, with an expected opening in summer 2026.
100 people to meet in 2026: Builders
These real estate and development executives are building the future through bricks and mortar in communities across the commonwealth.
Federal agency boosts size of most single-family loans the government can guarantee to $832,750
FHFA will raise the 2026 conforming loan limit to $832,750 for most US homes, reflecting higher prices. High-cost areas like LA and NYC will exceed $1.24 million
New limits for a rent algorithm that prosecutors say let landlords drive up prices
RealPage agreed to a DOJ settlement banning its rent-pricing software from using real-time confidential data, after allegations of illegal algorithmic collusion.
Virginia housing market showed momentum in October
Virginia’s housing market picked up in October, with buyers taking advantage of lower mortgage rates and a larger selection of homes.
New York firm buys Chesapeake apartments as part of $58.2M portfolio
Newbrook Capital Properties announced this week it has acquired a 340-unit portfolio in the Virginia-North Carolina region for $58.2 million.
Amazon buys 189 acres in Prince William tech park for $700M
Amazon Data Services has bought approximately 188.5 acres in Prince William County for a whopping $700 million.
NSF to remain in Alexandria, but in a smaller building
The National Science Foundation new headquarters will be located in Alexandria on the same campus as the U.S. Patent and Trademark Office
30-year mortgage rate edges up to 6.24%
U.S. mortgage rates rose to 6.24%, their second straight weekly increase, though they remain near this year’s lowest levels.
Trump says 50-year mortgages would be no ‘big deal’
Trump calls 50-year mortgages minor, saying longer terms reduce monthly payments but delay homeownership and equity buildup.
