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Historic Virginia Estate Sells for $20 Million After 8 Years on the Market

Historic Virginia Estate Sells for $20 Million After 8 Years on the Market

by Phil Hall | Feb 5, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A historic estate in Virginia that has been on the market for nearly eight years was sold for $20 million. FauquierNow.com reports the North Wales Estate in Faquier spans 1,482 acres across six parcels. The estate’s mansion was built between 1776 and 1796 and...
Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case

Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Virginia man pleaded guilty to real estate and tax fraud for his role in a scheme to obtain title to a $1.3 million home in Roanoke County. According to the charges brought against him, Herman Estes filed a false amended income tax return for 2021 claiming he was...
Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse

Virginia Realtor Faces License Loss Over 9-Year-Old Social Media Posting of Bible Verse

by Phil Hall | Dec 24, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A Virginia realtor faces the loss of his license after his state association ruled that a nine-year-old posting of a Biblical verse on his personal social media account was an act of hate speech. According to combined media reports, the Hearing Committee of the...
Home Sales in Virginia Up 13% Year-Over-Year

Home Sales in Virginia Up 13% Year-Over-Year

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 7,853 homes were sold in in Virginia during November, a 13% year-over-year increase. According to data from Virginia Realtors, there were 9,031 new listings in November, a 10.3% increase. There were 18,870 active listings on the market throughout Virginia,...
Home Sales in Virginia Up 13% Year-Over-Year

Virginia Initiatives Link Economic Development with Workforce Housing

by Phil Hall | Nov 15, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Virginia Gov. Glenn Youngkin has issued an executive order designed to tie economic development with workforce housing. Under the newly announced Executive Order 42, the Virginia Economic Development Partnership and the Department of Housing and Community Development...
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