Realty News Archive

Foreclosure notices drop in Hampton Roads

The number of foreclosure-related notices filed in Hampton Roads last month dropped, breaking a three-month streak of double-digit increases, according to a report to be released today.

Harbor Group sells three apartment buildings for $105M

Affiliates of Norfolk-based Harbor Group International LLC have sold three multifamily apartment communities for a combined sale price of $105.5 million -- about $31.1 million more than the original purchase price.
The company said this week the three complexes total 814 units in three states.

Regional home sales, prices continue ascent

Homes sales and median prices in Hampton Roads continued their steady upward march in August, according to a report released Friday. The number of existing homes sold across the region climbed 8.1 percent, to 1,928 from 1,784 in August 2014, according to the Virginia Beach-based Real Estate Information Network, the multiple listing service for Hampton Roads.

17-story residential tower planned for Fort Norfolk

NORFOLK A developer from Northern Virginia plans to build a 17-story residential tower, a marina and a mixed-use building with space for parking and retail shops on vacant property it owns in Fort Norfolk. Tarrants Bay LLC, based in Chantilly, outlined plans for the riverfront development in a rezoning request, which is expected to be discussed by Norfolk's Planning Commission on Sept. 24.

Chesapeake council OKs plan to use eminent domain for road widening

CHESAPEAKE The City Council voted unanimously Tuesday night to give city staff the authority to acquire property along Elbow Road by force if need be, despite protests from a landowner who said he was not notified of the efforts to purchase land for road improvements.

In Chesapeake, here's how your home address can suddenly belong to someone else

CHESAPEAKE Amber Harrell was driving past a new house in her South Norfolk neighborhood recently when the address caught her eye. It was the same as hers – the home she has lived in for 20 years. It must be some mix-up, she figured.

Mattresses, TVs, mini-fridges auctioned at old Tazewell Hotel

NORFOLK It took only seconds to sell the drop safe behind the counter of the old Tazewell Hotel for less than $200. "Now we'll sell you the combination," auctioneer Gene Daniels joked. The room erupted in laughter.

Apartments drive homebuilding surge

U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters.

Harbor Group buys Beverly Hills spot for $40 million

An affiliate of Norfolk-based Harbor Group International LLC has acquired 357 North Beverly Drive, a 14,144-square-foot urban retail property in Beverly Hills, Calif., for $40 million. The property is in the “Golden Triangle” submarket, which includes Rodeo Drive, according to a news release issued by the company.

Round house in the Outer Banks has an out-of-the-box approach

By Jeff Hampton The Virginian-Pilot SOUTHERN SHORES, N.C. The round house, resistant to Outer Banks hurricanes, stands out on a hill among a neighborhood of traditional, rectangular homes.

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