Monday, December 5, 2022

Real Estate

Short-term Rentals Stir Concern In James City County

JAMES CITY-A nearly surefire way to make waves in the neighborhood is to rent out rooms in your home, or the whole home itself, to tourists. Yet more than 30 James City County property owners may be doing just...

Median Sales Price Of Homes In Region Is Steady

VIRGINIA BEACH – After dropping for four consecutive months, the median sales price (MSP) of homes in Hampton Roads remained the same from September to October. According to the Real Estate Information Network (REIN), the median sales price was $310,000...

Former Dairy Queen Property On Bypass Road In Williamsburg Sold

YORK-The property that housed a former Dairy Queen restaurant in Greater Williamsburg has been sold. Cushman & Wakefield | Thalhimer announced the sale of the old Dairy Queen on Bypass Road on November 18. According to a release, the 932-square foot...

Office Building In Greater Williamsburg Sold For $2 Million

YORK-An office building in Greater Williamsburg near Water Country USA was recently sold. Cushman & Wakefield/Thalhimer announced the sale of the property on November 15. The 10,206 square foot office building sits on more than nine acres and is occupied in...

Hampton City Council Approves Rezoning Request For Former Deaf And Blind School Site

HAMPTON—On Wednesday, November 9, Hampton City Council heard presentations from City Council Staff and NorthPoint Development on a proposal to rezone approximately 63 acres of land at the former site of the Virginia School for the Deaf, Blind, and...

The Arbors At Williamsburg Now Leasing

YORK-The Arbors at Williamsburg, a luxury apartment complex designed for senior citizens, is now open. The development was constructed on the site of the former The Village Shops at Kingsmill on Pocahontas Trail. The Arbors at Williamsburg, which first began leasing...

Multiparts, Inc. Opening Office In Newport News

NEWPORT NEWS—Cushman & Wakefield | Thalhimer recently announced that New York-based Multiparts, Inc. has leased 2,290 square feet of office space at One BayPort Way, Suite 200, in Newport News. A representative from Multiparts could not be reached to...

The Country Stores At The Candle Factory In Norge Sold For More Than $6 Million

JAMES CITY-A small shopping center in the Norge area of James City County has a new owner. The Country Stores at the Candle Factory located at 7521 Richmond Rd., was sold over the summer. James City County records indicate the property...

The James Apartments In Williamsburg Filling Up Quickly

WILLIAMSBURG – To realize how well-received the new The James on Merrimac Trail apartments have been, one needs to look at its occupancy. “There may be a couple of units (available),” said Richard Souter, a partner with developer WVS Companies...

Industrial Building Sold In Hampton

HAMPTON-An industrial property in Hampton was recently sold. The building, located at 309 E St., was sold for $1,092,000, according to a release issued by Cushman & Wakefield/Thalhimer on Thursday, October 20. FDR Group, LLC bought the 12,000 square foot industrial...

Interest Rates, Inflation, And High Selling Prices Impacting Local Real Estate Market

The latest monthly real estate market report for Hampton Roads indicated that the local market continues to “cool” as interest rates, inflation, and high selling prices remain challenges for potential buyers. According to the report, September’s active listings, pending sales,...

New Housing And Retail Development In Poquoson Brings Mixed Reactions

POQUOSON-A new housing and retail development under construction in Poquoson is being viewed by the city as a way to move Poquoson forward and increase the tax base. However, it’s getting mixed reviews from local residents and business owners. Business...

Latest news

York County Seeking Citizen Input On Water Street Area Master Plan

YORK-York County is seeking input from community members about the future of the Water Street area. Citizens will have the opportunity to offer their feedback regarding the Water Street Area Master Plan during the Christmas Market on Main event...

Hampton Mayor Delivers State Of The City Address

HAMPTON—On Thursday, December 1, more than 500 people gathered at the Hampton Roads Convention Center in Hampton to hear the State of the City Address. This marked the first time since 2019 the address was delivered in front of...

Warwick Moose Lodge To Hold Merry Market Craft And Vendor Fair December 4

NEWPORT NEWS—Warwick Moose Lodge, in conjunction with Giving Hope in Hampton Roads, will host a Merry Market Craft and Vendor Show on Sunday, December 4 from 9am to 4pm at 1711 Warwick Moose Ln. in Newport News. The event is...