Residential Real Estate

Powhatan riverfront home dodges auction

4580 Cosby Powhatan ftd

The owners of a home in Powhatan filed for bankruptcy last week, stalling the foreclosure of their 12-acre property. The riverfront home and a larger tract of land around it have been on the market for more than a year, and this isn’t the first time it has been on the auction block.

Buyer revives Carver condo project

Lomardy St condos ftd

A condo development on Lombardy Street stalled by the recession is back on the table following a $2.3 million sale of the property.

Varina home project awaits approval

Boyd Homes Castelton

A 300-home expansion of an existing subdivision in Henrico County has continued to get pushed back by the developer as it addresses concerns from the Planning Commission and nearby residents.

Builder wraps up Chesterfield apartments

Kotarides Clairmont apartments

A Virginia Beach builder that has taken on two massive residential projects in the area is finishing up a 360-unit apartment complex near Chesterfield Towne Center.

2014 a mixed bag for local homebuilders

Fox Creek home 620

Despite a promising 2013, last year led to drops in construction and sales for several of the area’s top homebuilders. But the start of 2015 is indicating an upturn, even though the market is still far from pre-recession levels.