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Real Estate

Map of Patriot Centre I and II. Photo courtesy Henry County
May 29, 2026

Appalachian Power buys Henry County’s Patriot Centre II

Appalachian Power purchased 1,202 acres at Henry County’s Patriot Centre II for future development options.

CoStar facing multiple antitrust accusations in lawsuits 
May 29, 2026

CoStar facing multiple antitrust accusations in lawsuits 

CoStar Group faces three federal antitrust lawsuits alleging monopolistic practices in commercial real estate data across Virginia, California, and D.C.

A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. REUTERS/Mike Blake/File Photo
May 26, 2026

US single-family home prices edge up in March, FHFA says

U.S. single-family home prices edged up 0.1% in March despite rising mortgage rates linked to the U.S.-Israel war with Iran, the FHFA reports.

Neil Amin speaks at a groundbreaking celebration Monday. Photo courtesy Shamin Hotels
May 20, 2026

Shamin Hotels breaks ground on $100M+ hotel in Richmond

Shamin Hotels celebrated breaking ground Monday on a $100M+, dual-brand Marriott hotel in Richmond's Scott's Addition.

Interest rates for 30-year mortgages fell in the second half of 2025, prompting more house sales in Virginia. Photo by Adobe Stock
May 20, 2026

US mortgage rates rise to 6.56%, MBA says

The average 30-year fixed-rate mortgage in the U.S. rose to 6.56%, driven by inflation fears and higher oil prices amid geopolitical tensions.

Phazhon Nash, a member of Roanoke City Council, visits the Berglund Center. Photo by Natalee Waters
May 19, 2026

Roanoke explores Berglund Center redevelopment

Focus group participants explore ideas, including an entertainment district centered around a casino, for Roanoke's Berglund Center.

A for sale sign is shown for a residential home in Encinitas, California, U.S. July 25, 2025. REUTERS/Mike Blake/File Photo
May 19, 2026

US pending home sales increase further; higher mortgage rates remain a constraint

The national association of realtors reports US pending home sales increased 1.4% in april, marking the third straight monthly gain amid mortgage rate shifts.

A "For Sale" sign stands in front of a house, on the North Shore of Long Island city of Glen Cove, New York, U.S., August 12, 2025. REUTERS/Shannon Stapleton/File Photo
May 11, 2026

US existing home sales increase less than expected in April

U.S. existing home sales increased 0.2% in April to 4.02 million units despite elevated mortgage rates and rising inflation, according to the National Association of Realtors.

214 S. Wilton Road is on the market for $8.5 million. Photo courtesy Shaheen, Ruth, Martin & Fonville Real Estate
May 8, 2026

Lansing family lists James River estate in Richmond for $8.5M

The Lansing family listed their 8,765-square-foot James River estate in Richmond for $8.5 million, making it one of the region's priciest homes.

Davenport & Co.'s future headquarters at Kinsale Center. Photo by Chris Cunningham
May 8, 2026

Davenport & Co. moving HQ to Henrico’s Kinsale Center

Davenport & Co. plans to relocate its headquarters from One James Center in downtown Richmond to Henrico County.

Part of the phase one Silver Creek subdivision on Forest Drive.
May 7, 2026

The battle over 100 new Silver Creek homes in Waynesboro

Wells Land Development seeks to revise Silver Creek subdivision plan in Waynesboro, proposing 100 new homes amid city council delays and proffer disputes.

JK Land Holdings advances plans for 117-acre Loudoun industrial park
May 5, 2026

JK Land Holdings advances plans for 117-acre Loudoun industrial park

JK Land Holdings is advancing plans to build a 117-acre industrial business park in Loudoun County, just outside Purcellville.

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