http://hamptonroads.com/taxonomy/term/145 Category: Real Estate News en-us Copyright 2008 PilotOnline.com / HamptonRoads.com. Thu, 04 Dec 2008 17:30:19 -0500 NORFOLK A businessman who attended Booker T. Washington High School and grew up in public housing plans to build a $27 million, 180,000-square foot office building near his boyhood neighborhood. The City Council approved plans Tuesday for the Midtown Office Tower, which will sit on 4.5 acres at the corner of Virginia Beach Boulevard and Tidewater Drive. http://hamptonroads.com/2008/11/norfolk-council-oks-office-building-virginia-beach-blvd Wed, 26 Nov 2008 15:36:22 -0500 VIRGINIA BEACH The City Council agreed Tuesday night to spend an additional $531,329 to acquire The Virginian-Pilot's property on a crucial block of Town Center. In a 9-2 vote, the City Council agreed to spend $5.1 million to buy the 1.3 acres off Virginia Beach Boulevard and relocate the paper's staff to offices in The Westin Virginia Beach Town Center. http://hamptonroads.com/2008/11/virginia-beach-seals-deal-newspaper-property Tue, 25 Nov 2008 22:44:14 -0500 Sales of existing homes picked up slightly last month in South Hampton Roads while prices continued to fall, according to data released Friday by the region's multiple listing service. Virginia Beach-based Real Estate Information Network Inc. said the median sale price last month was $215,000 for existing homes, down 1.6 percent from September and 2.3 percent from $220,000 a year ago. http://hamptonroads.com/2008/11/homes-sales-pick-slightly-prices-drop-region Fri, 14 Nov 2008 20:34:41 -0500 Foreclosure activity in Hampton Roads spiked last month and has increased nearly threefold since a year ago as banks took over more homes and homeowners across the region struggled to pay mortgages, a report to be released today found. http://hamptonroads.com/2008/11/housing-foreclosures-region-spiked-october Thu, 13 Nov 2008 05:01:59 -0500 NORFOLK In a sign that they have given up on a major downtown project, a majority of the City Council says it's time for developer Buddy Gadams to return tens of millions of dollars to those who reserved condominiums at Granby Tower. http://hamptonroads.com/2008/11/granby-tower-should-refund-deposits-norfolk-leaders-say Mon, 10 Nov 2008 22:41:15 -0500 REAL ESTATE SPECIALISTS who view the economy on a large screen are confident that those with the nerve to buy a home in the current market will one day be glad they did - particularly if they're now able to capture a quality property in a desirable neighborhood at a bargain price. http://hamptonroads.com/2008/11/home-buyers-select-area-appreciation-potential Mon, 10 Nov 2008 17:37:48 -0500 Richmond Dominion Virginia Power is partnering with EarthCraft House Virginia for a green building program to serve as a blueprint for comfortable, energy-efficient homes in Virginia. http://hamptonroads.com/2008/11/dominion-partners-earthcraft-house-energyefficient-homes Mon, 10 Nov 2008 16:47:54 -0500   "Nationwide, we're at an all-time high for vacant homes in major markets," says Dorcas Helfant-Browning, a Hampton Roads-based Coldwell Banker broker and a past president of the National Association of Realtors. http://hamptonroads.com/2008/10/what-consider-when-purchasing-vacant-home Wed, 29 Oct 2008 00:01:00 -0400 Trying to take in the abundance of Homearama is like “I Love Lucy’’ pals Lucy Ricardo and Ethel Mertz trying to wolf down chocolates as they speed along a candy factory conveyor belt. Ambitious, but futile. http://hamptonroads.com/2008/10/small-touches-have-big-impact-homearama-2008 Thu, 09 Oct 2008 00:01:00 -0400 Since she put her Norfolk rental home on the market four months ago, Robyn Hofheimer has lowered the asking price three times. Still no bites. Hofheimer, 31, and her husband own two houses in Norfolk. They live in one and rent the other. Now, the couple want to sell both and move to Virginia Beach, where they grew up. Timing isn't on their side. http://hamptonroads.com/2008/10/tight-credit-uncertain-market-make-it-tough-buyers Tue, 07 Oct 2008 00:06:05 -0400