The legal battle over a three-acre plot of land on Reserve Avenue has ended, with B&B Holdings accepting its condemnation. The City of Roanoke had exerted eminent domain to take the land for a Carrilion Clinic biomedical park, but has since dropped those plans.
The annual convention for Virginia Realtors, The REal Show will be held October 1-3 at the Virginia Beach Convention Center. Featured speakers will include legendary Washington Redskins quarterback JoeTheismann and Richard Bitner, managing editor of Housing Wire.
Signs pointing to economic improvement in Danville include an uptick in building permits and retail sales tracking slightly higher than average for Virginia. That's good news for a city burdened by high unemployment -- 14.6% in March.
As the overall economy improves, homeowners can expect house prices to stabilize as more people look to buy homes.
Read more in the Danville News....
Realtors® are in business to make money, not give it away. So, why do they pay dues year-after-year?
Get the real answers online in VAR’s 2010-11 Member Guidebook. This year’s Guide is one-stop resource for answers on the real return on Realtor® dues. Visit www.VARealtor.com/MemberBenefits to access the Guide as an e-book today.
Did you know?
Being a Realtor®….
Officials are planning improvements such as pedestrian walkways, bike lanes, and a streetcar at Potomac Yard. The funds will come from local, state, and federal sources, and from private contributions.
Homeowners benefit from improved infrastructure, as greater usability and aesthetic appeal raise property values.
In Governor Bob McDonnell's first 100 days in office, Virginia closed more than 50 economic-development deals that together will create 3,100 jobs and generate $360 million in investments in the Commonwealth.
Jobs and community investments are key issues for homeowners. New jobs allow existing homeowners to pay the mortgage and stay in their homes. A strengthening economy also encourages buyers to shop for new homes, possibly driving up prices and holding down the number of days houses stay on the market before being sold.
Commerical Council Meeting
Agenda to follow
A lawsuit aimed at slowing the HOT lanes project planned for Interstates 95 and 395 in Northern Virginia has received an early vote of confidence.
A U.S. District Court ruled that a lawsuit filed by the Arlington County Board against the Virginia, the U.S. departments of transportation, and the Federal Highway Administration can proceed. The suit alleges that the agencies should have performed environmental and health studies, as well as traffic analysis, before moving forward with planed HOT lanes on Interstates 95 and 395.
Officials say that Northrop Grumman is just weeks away from deciding where to establish its new headquarters. Virginia, Maryland, and the District of Columbia are all under consideration. The company plans to open the new 300-person facility in about a year.
Fairfax and Arlington Counties are both in the running to be the defense contractor's new home town. Landing Northrup Grumman would be a significant economic boost for either county - to the benefit of local homeowners, who could see a bump in property values along with the creation of highly paid jobs.