News

Friday Cheers Announces the 2020 Season Lineup!

Friday Cheers, presented by Pacifico, returns May 1 for its 36th season! Richmond’s longest running outdoor concert series is on Brown’s Island on downtown’s historic and picturesque riverfront. Produced by Venture Richmond Events, Friday Cheers boasts a stellar line-up that you won’t want to miss, featuring breakout bands, national acts and RVA’s hometown talent. Children 12 and […]

Region’s Median Sales Price for Homes Up Almost 5% | REIN

Real Estate Information Network Inc. (REIN), the regional Multiple Listing Service, reports a rise in the region’s home price for February 2020. The median sales price was $240,000, up 4.80% from $229,000 in February 2019. Residential sales were strong in February, with 2,536 homes going under contract during the month (up 18.84% year-over-year), and settled […]

Region's Median Sales Price for Homes Up Almost 5% | REIN

Real Estate Information Network Inc. (REIN), the regional Multiple Listing Service, reports a rise in the region’s home price for February 2020. The median sales price was $240,000, up 4.80% from $229,000 in February 2019. Residential sales were strong in February, with 2,536 homes going under contract during the month (up 18.84% year-over-year), and settled […]

Mortgage rates at all time low.

The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. Falling home-loan rates have boosted mortgage applications, a sign the housing market may help the U.S. economy stave off a recession, said Sam Khater, Freddie Mac’s chief […]

Mortgage rates at all time low.

The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. Falling home-loan rates have boosted mortgage applications, a sign the housing market may help the U.S. economy stave off a recession, said Sam Khater, Freddie Mac’s chief […]

Mortgage rates at all time low.

The average U.S. rate for a 30-year fixed mortgage fell to 3.29% this week, the lowest ever recorded by Freddie Mac in a series that goes back to 1971. Falling home-loan rates have boosted mortgage applications, a sign the housing market may help the U.S. economy stave off a recession, said Sam Khater, Freddie Mac’s chief […]

James City County sends out biennial reassessment notices

The Williamsburg area is composed of three separate jurisdictions that include the city of Williamsburg, James City County and York County . James City County mailed approximately 17,400 change of assessment notices for the biennial general reassessment on Feb 28. Assessments increased 1.81% due to reassessment and .48% due to new development which combined for […]

Navien- Announces 180 Jobs and $77.5 Million Investment in James City County

Governor Ralph Northam announced today that Navien, Inc., a leader in condensing technology for water heaters and boilers, will invest $77.5 million to establish its first U.S. manufacturing and assembly operation in the former Lumber Liquidators facility in James City County, which will create 180 new jobs. The company will triple the footprint of the […]

York County Planning Commission approves rezoning for another senior living facility

Surprisingly this is the third senior housing facility I have written about this week. The York County Planning Commission approved a rezoning application for the Village Shops at Kingsmill Shopping Center. The applicant, Marlyn Development Corporation, wants to build an independent senior living facility at 1915 Pocahontas Trail off Route 60. The subject property known […]

Williamsburg might soon have another Senior Housing Community

The Quarterpath development in Williamsburg is being eyed for a new, three-story senior housing complex. Cameron General Contractors/ Resort Lifestyle Communities is looking to build a 130-unit independent living community for senior citizens at 4101 Battery Blvd, Williamsburg in the Riverside/ Quarterpath Development. The developer sought to amend the Cities Zoning Ordinance to allow Senior […]