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Real Estate

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.

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.

Average rate on a 30-year mortgage falls to lowest level in nearly a year
Oct 30, 2025

U.S. mortgage rates fall to lowest level in a year

The average 30-year mortgage rate dropped to 6.17%, its lowest in over a year, boosting refinancing and homebuying demand.

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.

Average rate on a 30-year mortgage drops to lowest level since April
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.

Firms compete for plan to reimagine Fort Monroe
Oct 24, 2025

Firms compete for plan to reimagine Fort Monroe

The Fort Monroe Authority plans to develop a Landscape Action Plan that will steer the future of the more than 560-acre site in Hampton.

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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.

US mortgage rates dip to near yearly low at 6.27%
Oct 16, 2025

US mortgage rates dip to near yearly low at 6.27%

The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.

NRV currently has headquarters at 11700 Plaza America Drive in Reston. Photo courtesy Stream Realty Partners
Oct 15, 2025

NVR may relocate Reston headquarters

NVR, one of the nation’s largest homebuilders, may move its Reston headquarters to 1910 Oracle Way after signing a new lease.

A bird's-eye view of the property Virgnia Beach is considering for action sports. Image courtesy Virginia Beach
Oct 14, 2025

Virginia Beach considers another sports venue on Oceanfront

Virginia Beach wants another major sports venue near the Oceanfront and is asking developers to pitch ideas on how to proceed.

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