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 […]
Virginia’s top bank cop for 28 years leaves national legacy Read More »
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,
Spanberger unveils Virginia housing affordability plan Read More »
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
Dwight Schar, founder of NVR Inc., has died Read More »
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
Coalition presses for stronger federal flood response, eyes ROAD to Housing Act Read More »
Active listings in the Harrisonburg, VA, metro jumped 72.8% year-over-year to 216 homes while weekly absorption held flat at 20 properties, creating a supply-demand imbalance that pushed 36.6% of sellers to cut prices in the week ending Nov. 14, 2025. The rapid inventory buildup marks a sharp reversal from last year’s tighter conditions, when just
Harrisonburg housing market trends test seller patience Read More »
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.
Charlottesville sellers accelerate price adjustments as inventory builds Read More »
HW Data shows the Washington, D.C. housing market remains stable heading into mid-October, with modest sales volume and steady pricing. The District recorded 99 single-family home sales last week, reflecting a slower but consistent pace compared with early-year activity. The Market Action Index stood at 35.2, indicating a mild seller’s market with demand slightly ahead
Washington, D.C. housing market steady as sellers keep edge Read More »
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
5 states sue Zillow, Redfin over $100M agreement after FTC suit Read More »
From data-driven platforms to safety apps and legal support, Realtor associations are investing in tools and services to help agents compete in a rapidly changing industry. Leadership from Florida Realtors and Virginia Realtors told HousingWire their focus is on delivering simplicity, integration and education to ensure members have every advantage when serving clients. Tim Weisheyer
Realtor association tools driving member success Read More »
The National Association of Realtors (NAR) may have been dismissed from two lawsuits related to its three-way membership agreement, but that didn’t stop William Whittman from filing his own suit on Friday. Whittman, who is a licensed broker in Maryland, D.C. and Virginia, is suing NAR, Virginia Realtors, Northern Virginia Association of Realtors, Maryland Realtors
NAR faces new Whittman antitrust suit over membership structure Read More »