Virginia
RRHA out of GRTC site redevelopment
Mayor Dwight C. Jones has other plans for the $2.1 million that RRHA was going to use toward buying the 6.8-acre site, considered prime real estate near the city’s Fan District. Jones said this week that the money wasn’t needed to buy the site now …
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Waynesboro City Council passes $40 million budget
WAYNESBORO — The Waynesboro City Council voted 4-1 to adopt a $41 million local budget that includes a real estate tax cut for most property owners. Councilman Mike Harris cast the lone dissenting vote. The city raised the real estate tax rate to 75 …
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Hunt Joins Coldwell Banker
Hunt entered Virginia real estate in 1985 and has a decade’s experience as a top managing broker, leading Weichert’s largest branch in the Washington, DC, Metro area with a monthly sales volume of $15 million. Prior to real estate, Hunt held a variety …
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Auditors estimate $2.8B in improper payments at SSA, FEMA
Ownership of real estate must be disclosed and may render a person ineligible for aid if asset limits are exceeded. Of the 350 cases examined, 27 people were determined to have misreported how much real estate they owned and 16 would have been deemed …
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A stalking horse emerges
A Richmond real estate investment fund wants to buy the last remaining asset of a bankrupt local biotech firm. Real Estate Value Advisors and its REVA Catalyst Fund have made a $4.22 million bid for the former headquarters of Commonwealth …
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Commercial Mortgages: Transaction activity increasing
By Andrew Little A Realtor friend of mine made the comment last week that commercial real estate has done a much better job of keeping its problems under wraps than its residential counterpart. There is some truth to that comment, but the larger truth …
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Spotsylvania property is Exhibit A for how market has changed
By Bill Freehling YOU PROBABLY don’t need a reminder about how much the local (and global) real estate market has changed since the heady days of 2003-2005. Anyone who bought a property during those frenzied years is well aware of the significant drops …
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Pipeline: Commercial Real Estate Round Up 6.10.11
| (Divaris Real Estate also reported this deal). Werres Corporation leased 5400 square feet at 9415 Atlee Commerce Boulevard in Hanover. Samardge Photographics LLC leased 1710 square feet 11201 Hopson Road in Hanover. RD Group/1, LLC purchased 32000 … » |
 RichmondBizSense |
Peninsula home sales and median price drop 10%
By Veronica Chufo, vchufo@dailypress.com | 247-4741 The median sales price of $180000 was also down 10 percent from May 2010, according to Real Estate Information Network Inc. The 417 homes that sold last month fell short of the 461 sales in May 2010, …
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SML real estate market slowly coming back
Experts we talk to say the Smith Mountain Lake real estate market is slowly coming back. (more) By Jarett Henshaw “What an auction does is it creates a sense of urgency and people are ready to buy,” said Seneff. They sold 25 lots at SML in an April …
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