Archive for July, 2007
Williamsburg regains some price losses
July 31, 2007 Posted by Virginia Real Estate
Although the Williamsburg area made some gains in June on prices that had been eroding, it’s more of the same for existing home sales in Hampton Roads.
Rentals up, sales down in Northern Virginia
July 28, 2007 Posted by Virginia Real Estate
A $700,000, six-bedroom brick house off Nutley Street in Vienna was snapped up in three weeks, listing Realtor John Nguyen reported. The reason was very simple: Instead of waiting around to be sold, it was leased for one year at $2,750 per month.
Washington County landowners say auto plant won’t locate in county
July 26, 2007 Posted by Virginia Real Estate
Some of the landowners whose property is being eyed for a Magna automotive plant near the Washington-Smyth county line say they believe the deal is dead.
Some of the landowners whose property is being eyed for a Magna automotive plant near
Turner Selected to Construct $180 Million Granby Tower in Norfolk, Virginia
July 25, 2007 Posted by Virginia Real Estate
Washington, D.C. - July 25, 2007 - Turner Construction Company has been selected by the Marathon Development Group to serve as the general contractor for the $180 million residential Granby Tower in Norfolk, Va.
Area home sales down 17 percent
July 25, 2007 Posted by Virginia Real Estate
After smacking bottom at the end of 2006, the Charlottesville-area real estate market has leveled off, despite a 17 percent drop in sales from this time last year. That’s according to the Mid-Year Market Report [PDF version of the report available here] from the Charlottesville Area Association of Realtors (CAAR), which says now that we’ve […]
Planning Commission Gives Buddhists the Boot
July 24, 2007 Posted by Virginia Real Estate
The Virginia Beach Planning Commission voted 6-5 two weeks ago against a Buddhist group’s application to hold religious services in a house in Pungo, arguing that the residential-zoned property should not be used for any other purpose.
Making The Unimaginable A Reality: Lerner Starts Its Next Project, The Falls At Flint Hill
July 10, 2007 Posted by Virginia Real Estate
Lerner Enterprises, Washington D.C.’s largest private real estate developer, announces the start of construction for The Falls at Flint Hill, a 246-unit luxury apartment community in the Oakton area of Fairfax, Virginia. The Falls at Flint Hill is located minutes from Route 123 (Chain Bridge Road) and I-66 and is an easy drive to the […]
Cohen Financial Secures $8.4 Million Refinancing For Staverton West In Sterling
July 7, 2007 Posted by Virginia Real Estate
Cohen Financial, a national real estate capital services firm, announced (June 20, 2007) that Howard Taft, Managing Director and Charles Penan, Senior Analyst, in Cohen Financial’s Miami office, have secured $8.4 million in financing for Staverton West, a 59,750 square-foot, office/industrial mixed use property.