The housing market is seeing sales activity at levels not reached in years, according to the Central Virginia Regional Multiple Listing Service.
Q3 report: Central Virginia home sales surge, but taking longer to close
Residential Real Estate
House flipper Romano fights back against lender lawsuit; trial set for March
In response to a suit by Tuckahoe Funding alleging fraud and embezzlement, Josh Romano blames the dispute on their mutual real estate attorney.
Bonaventure Realty plans 200 apartments for western edge of Scott’s Addition
“Our long term strategy of being patient owners in a fast-growing neighborhood has gotten microwaved,” said Bonaventure Realty CEO Dwight Dunton III.
$10M land buy clears way for ‘WestGate’ project near Short Pump
Stanley Martin Homes purchased a 23-acre site at 12401 W. Broad St., where it’s approved to build 194 for-sale condos and townhomes.
Building rehab, mixed-use expansion to fill out corner property in Church Hill
Richmond’s Commission of Architectural Review recently endorsed a plan to renovate an existing building with a modern-style addition to create nine apartments and two commercial spaces.
City, builders kick off $35M final phase of Highland Grove redevelopment
The project is filling the area around Dove Street that was formerly the Dove Court public housing community and a pair of blighted apartment complexes.
With five-home infill project, builder finds affordability at a price
“I don’t know how many city officials really appreciate the time value of money,” Center Creek Homes CEO Dan Magder said of costs the company incurred going through Richmond’s permitting process.
Dodson going big with $25M mixed-use development in Colonial Beach
A Richmond developer bought 5 acres for $2.7 million and is planning a project with townhomes, a hotel, office and retail space.
Builder finishing final group of townhomes at Stony Point Fashion Park
Moneymaker Properties has started work on the last homes planned for Creek’s Edge at Stony Point, a gated townhome development started in the late 2000s by Steve Middleton.
Better Housing Coalition planning $11M apartment building in Jackson Ward
The nonprofit is under contract to buy an entire city block, where it is planning to build 67 units for lower-income renters.