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Real Estate 2025: GUILLOT, JASON
Guillot is a commercial real estate developer focused on mixed-use projects with Class A office, retail and multifamily. He joined Thalhimer in 2007 as an office broker and developer, and he led the redevelopment of the former Westhampton Theater in Richmond into the Westhampton on Grove retail complex. He’s now involved in larger developments, including […]
Days houses spend on market increases across Virginia
Houses are spending longer on the market than during the same period last year in Northern Virginia, Hampton Roads and Central Virginia. However, median sales prices in all three regions have increased over 2024. Northern Virginia The Northern Virginia Association of Realtors reports that 1,612 units were sold in July — a 1.6% decrease over […]
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.
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.
30-year mortgage rates climb to 6.89%, highest since Feb
U.S. 30-year mortgage rates rise to 6.89%, their highest level since February, pushing borrowing costs up and slowing home sales.
Two MLS platforms with Virginia coverage merge data
Central Virginia Regional Multiple Listing Service and Bright MLS announced a data sharing agreement. Subscribers of each will be able to search current and historical property listing information integrated into both systems.
Housing supply, affordability gap remain top of mind for potential homebuyers
Households earning $75,000 a year can only afford 21.2% of all home listings, according to the National Association of Realtors and Realtor.com. In the 2025 Housing Affordability & Supply report released Thursday, NAR officials said that America’s housing affordability gap persists with less than one-fourth of all For Sale home listings economically feasible for potential buyers maki[...]
Northern Virginia sees surge in housing inventory
The Northern Virginia housing market saw a significant increase in active listings in April, the Northern Virginia Association of Realtors reports.
Northern Virginia home listings surged 63% in March over 2024
Northern Virginia home listings jumped 63% in March, far outpacing national trends as job cuts hit the region. Experts weigh in on what's behind the spike.
March home sales slowed in a lethargic opening to the spring buying season
Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers.
Trump official urges criminal probe of NY AG over Virginia home purchase
NORFOLK, Va. (AP) — In the summer of 2023, New York Attorney General Letitia James helped her niece buy a modest house in Norfolk, Virginia, by becoming a co-borrower on the mortgage loan. A top housing official in the Trump administration has now seized on a document in that transaction to argue that James should […]
