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US existing home sales increase more than expected in May
U.S. existing home sales increased 3.2% in May to 4.17 million units, exceeding forecasts despite rising mortgage rates and tight inventory.
Spatial Front to relocate HQ to Arlington, creating 450 jobs
Spatial Front will soon relocate its corporate headquarters from Bethesda to Crystal City in Arlington County, creating 450 jobs in Virginia.
Virginia housing market maintains momentum in April
Virginia’s housing market continued to rise in April, with sales and new listings outpacing last year amid strong buyer demand.
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
CoStar Group faces three federal antitrust lawsuits alleging monopolistic practices in commercial real estate data across Virginia, California, and D.C.
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.
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.
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.
Roanoke explores Berglund Center redevelopment
Focus group participants explore ideas, including an entertainment district centered around a casino, for Roanoke's Berglund Center.
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.
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.
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.
