Virginia

Virginia governor’s amendments keep Faith in Housing Act in limbo

Virginia Gov. Abigail Spanberger left in limbo legislation that would let faith-based organizations build affordable housing on their land without rezoning. Instead of vetoing or signing the Faith in Housing Act, Spanberger recommended changes. The recommendations keep the bill’s core intact but make targeted operational tweaks. The governor, who has only been in office since […]

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Virginia cities gain new tools to increase affordable housing supply

For Virginia state Sen. Jeremy McPike, the third attempt was the charm for a bill that lets municipalities rezone to encourage affordable housing. It just took a new governor. Gov. Abigail Spanberger signed into law this week a measure giving every city and county in Virginia the authority to adopt an affordable housing program, marking

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Virginia YIGBY bill puts Spanberger housing agenda on the line

Virginia Gov. Abigail Spanberger has until Monday to sign or veto legislation that would make her state one of the few that allow faith-based organizations to build affordable housing on their properties by overriding local zoning limits. Spanberger faces pressure from local governments and a small but vocal group of civic organizations to veto the

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Virginia’s top bank cop for 28 years leaves national legacy

Key insight: Joe Face is retiring after 28 years as commissioner of Virginia’s Bureau of Financial Institutions, the longest tenure in the job in the state’s history. Why it matters: A commitment to strengthening the dual bank regulatory system has been a hallmark of Face’s tenure. Expert quote: Face “has been at the forefront of

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Spanberger unveils Virginia housing affordability plan

Affordability has become the defining test of political electability today. From housing to groceries, voters increasingly judge candidates by their ability to reduce everyday costs.​ Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes,

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Dwight Schar, founder of NVR Inc., has died

Dwight Schar, the founder and former executive chairman and CEO of NVR Inc., has died, according to posts on LinkedIn.  James Honeycutt, managing partner at Credo Construction, discussed Schar’s legacy in a post on Thursday afternoon.  “Mr. Schar wasn’t flashy or dismissive — just calm, kind, and very clear on what mattered most. He chuckled

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Coalition presses for stronger federal flood response, eyes ROAD to Housing Act

A new multi-state coalition is warning that worsening floods across Appalachia — and the federal government’s uneven response — are heightening risks for communities, infrastructure and real estate markets across the region. The Appalachian Flood Resilience Coalition recently convened for the first time to examine Federal Emergency Management Agency (FEMA) funding fights, stalled mitigation programs

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Compass welcomes RealTrends Verified Van Volkenburg Virginia-based team

Compass welcomes RealTrends Verified Van Volkenburg Virginia-based team

Compass adds the Dianne Van Volkenburg Team to its Great Falls, Va., office — bringing more than 80 years of combined experience in residential and land transactions, subdivision work, acquisitions and new construction. The team is led by Principal and Owner Dianne Van Volkenburg. The 2025 RealTrends Verified shows Van Volkenburg placing No. 4 in

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Charlottesville sellers accelerate price adjustments as inventory builds

The Charlottesville metro housing market has entered neutral territory with 3 months of supply, prompting 41.5% of active listings to reduce their asking prices during the week ending Nov. 7, 2025. Despite the surge in price cuts, the Virginia metro maintains a median list price of $609,890, a 34% premium over the state’s $453,740 median.

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5 states sue Zillow, Redfin over $100M agreement after FTC suit

Zillow and Redfin are facing yet another lawsuit related to their multifamily rental syndication deal. On Wednesday, attorneys general in Virginia, Arizona, New York, Connecticut and Washington filed a lawsuit in U.S. District Court in Alexandria, Virginia, that makes claims identical to those alleged by the the Federal Trade Commission (FTC) in its lawsuit filed

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