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The Arlington County Board today voted to lower the late payment penalty for real estate taxes from 10 percent to 5 percent for the first 30 days after the due date. The penalty for delinquent real estate taxes not paid within 30 days following the due date will remain unchanged at 10 percent

RE/MAX 100, based in Maryland and made up of six offices and 270 agents, has been sold to Ken Crowley, the current Broker/Owner of RE/MAX Realty Group in Gaithersburg. With five offices in Maryland and one in Northern Virginia, RE/MAX 100 agents were responsible for nearly $1.0 billion in residential home sales in 2014

Cosentino, an international producer of quartz and other stone surfaces used in homes and businesses worldwide, is expanding its multi-million dollar distribution center in Hampton.

The Virginia Congressional delegation announced that the U.S. Navy will position its newest carrier, the Gerald Ford, at Naval Station Norfolk for the next several years given its unique capabilities and capacity. This will provide an additional aircraft carrier to the region until 2018 when the USS Lincoln returns to its home port.

The County Board today voted to approve the purchase, for $688,710, of property at 6608 18th Street North, adjacent to the County’s Benjamin Banneker Park, for future expansion of the park. The property, near the park’s existing playground, also is adjacent to Four Mile Run stream

The City of Alexandria has mailed real estate assessment notices to all property owners, representing the fair market value of properties as of January 1, 2015.

Arlington’s 2014 real estate assessments showed solid growth of 5.8 percent overall, fueled primarily by strength in the residential market, as well as new construction of commercial properties

ARLINGTON, Va - November 18, 2013 - (RealEstateRama) -- The Arlington County Board today approved a site plan to replace one and two-story buildings located directly across from the Virginia Square Metro station with an apartment building featuring ground floor retail space, a public plaza, cultural and education space and underground parking.

WASHINGTON, D.C. - November 18, 2013 - (RealEstateRama) -- U.S. Sens. Mark Warner (D-VA) and Roy Blunt (R- MO) introduced legislation to reduce the number of underutilized and excess federal properties and could save taxpayers $9 billion over the next 10 years. Sens. Lindsay Graham (R-SC), Dean Heller (R-NV), Mark Kirk (R-IL), Rob Portman (R-OH), and Roger Wicker (R-MS) are also original cosponsors of the Civlian Property Realignment Act (CPRA). Rep. Jeff Denham (R-CA-10) introduced companion CPRA legislation in the House earlier this year.

Northbrook, IL - November 7, 2013 - (RealEstateRama) -- The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Best Buy property located at 1541 Carl D Silver Parkway in Fredericksburg, Virginia for $6,300,000.