New Home Permit Tables Page

May 18, 2021 1st 2021 New Home Building Permit Data Report (A Supplement to the Source Monthly Briefing)

Summary Building permits issued for new homes in the 4th Quarter of 2020 were up 42.6% on the Peninsula and 25.2% on Southside compared to the 4th Quarter of 2019 resulting in an overall 29.6% increase in Hampton Roads. For the year, permitted units were up 8.6% and 13.2% on the Peninsula and Southside respectively, resulting in a combined 12.2% increase over 2019.

Peninsula Notes

➢ Permits for 281 and 290 New Homes in the 4th and 3rd Quarters respectively were the best back-to-back quarters in over a decade, as were the 1,063 permitted units for the year in 2020.

➢ Permits for were issued for 83 Attached Housing units in the 4th Quarter resulting in a total of 316 units for the year, the lowest number since 259 starts in 2016.

➢ Colonial Heritage, the only Active Adult Community with permit activity, had 28 units permitted in the 4th Quarter, the most in a quarter since 20 units in the 4th Quarter of 2018.

➢ Permits were issued for 170 Single Family homes during the 4th Quarter, up from 134 homes in the 4th Quarter of 2019. James City County, 63 units, issued the most Single-Family permits in the 4th Quarter. 674 Single Family starts in 2020 were up 14.2% from 2019 and the most since before the recession.

➢ Permits issued to Ryan/NVR for 346 homes were the most one builder during 2020, accounting for nearly a third of all permits on the Peninsula. H H Hunt (71 units) was next. (See Page 6 for complete list of Rankings.)

➢ 94 units permitted in Stonehouse Ridge, James City County (Ryan/NVR), a mix of Attached and Single- Family housing, was the subdivision with the most starts in 2020, followed by 78 units in Arbordale, York County (Ryan/NVR), also with a mix of Attached and Single-Family Homes. (See Page 7 for complete list of Rankings.)

➢ There were no subdivision with first construction starts during the 4th Quarter.

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

Southside Notes

➢ 726 units permitted in the 4th Quarter 2020 were up 25.2% from 4th Quarter 2019 and brought total housing starts in 2020 to 3,071 units, up 13.2% from 2019.

➢ Permits for Attached Housing (191units) were up from 134 units in the 4th Quarter 2019, continuing a trend of increased building in that segment. All Southside localities had a least one project with permits for Attached Housing. Permits issued for 94 Attached Housing units in Chesapeake were the most in one locality. For the year, permits for 913 Attached units were up 25.9% from 2019.

➢ Permits for 535 Single-Family homes in the 4th Quarter of 2020 were up from 446 units in the 4th Quarter of 2019. 194 starts in Suffolk were the most in one locality, followed by 143 in Chesapeake. For the year, permits for 2,123 Single Family homes were up 8.5% from 2019.

➢ Ryan/NVR, 533 units, was also the top builder on Southside during 2020. Dragas Companies was next with 286. (43) builders obtained permits for 10 or more units on Southside during 2020. (See Page 6 for complete list of Rankings.)

➢ Hickory Landing/Manor in Chesapeake, a mix of Attached and Single-Family dwellings (Dragas and HAV), had the most permitted units in 2020 (196). Bryan’s Cove, Ryan/NVR’s Attached Housing project in the Deep Creek section of Chesapeake was next with 141 units. (See Page 7 for complete list of Rankings.)

➢ First permits were issued in Sandstone Quay in Chesapeake, an 11-lot Single-Family development priced from the $400s and two sections of Bennett’s Creek Quarter in Suffolk, Vineyards and Iron Horse. 84-units in quad buildings are planned in Vineyards, Napolitano Homes, with pricing from the low $300s. 90-units in ten-plex buildings are planned in Iron Horse, Franciscus Homes, with pricing from the low $200s. See Subdivision Permits and Remaining Lot Summary Pages10-12)

New Home Permit Tables Page

New Home Building Permits by Quarter Peninsula & Southside 2017-2019 3 Peninsula New Home Building Permits by City/County 2017-2019 4 Southside New Home Building Permits by City/County 2017-2019 5 12-Month Permit Ranking by Builder, Peninsula and Southside 6 12-Month Permit Ranking by Subdivision, Peninsula and Southside 7 Peninsula New Home Subdivision Permits & Remaining Lot Inventory 8 -9 Southside New Home Subdivision Permits & Remaining Lot Inventory 10-12 Legend 9

Source, Inc. of Virginia – PO Box 15006 – Chesapeake, VA 23328 - PH: 757.335.0729 – FX: 757.410.1366

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

New Home Building Permits by Quarter Peninsula & Southside

2021 2020 2019 2018

# Units 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q 2Q 1Q

Peninsula

Single- Family 177 198 203 159 181 144 163 187 149 137 160 172 142

Attached 89 83 87 79 73 53 81 125 77 83 71 123 108

Total Peninsula 266 281 290 238 254 197 244 312 226 220 231 295 250

% Change Prior YR Qtr 4.7% 42.6% 18.9% -23.7% 12.4% -10.5% 5.6% 5.8% -9.6% -18.2% -6.9% 23.4% -8.1%

Year-to-Date Total 266 1063 782 492 254 979 782 538 226 996 776 545 250

% Change Prior YTD 4.7% 8.6% 0.0% -8.6% 12.4% -1.7% 0.8% -1.3% -9.6% -3.1% 2.2% 6.7% -8.1%

Southside

Single- Family 543 191 558 528 530 446 561 487 486 402 386 601 588

Attached 230 535 269 282 178 134 219 180 200 124 141 131 123

Total Southside 773 726 827 810 708 580 780 667 686 526 527 732 711

% Change Prior YR Qtr 9.2% 25.2% 6.0% 21.4% 3.2% 10.3% 48.0% -8.9% -3.5% -15.3% -10.7% -8.7% -14.4%

Year-to-Date Total 773 3071 2345 1518 708 2713 2133 1353 686 2496 1970 1443 711

% Change Prior YTD 9.2% 13.2% 9.9% 12.2% 3.2% 8.7% 8.3% -6.2% -3.5% -12.2% -11.4% -11.6% -14.4%

Hampton Roads

Single- Family 720 389 761 687 711 590 724 674 635 539 546 773 730

Attached 319 618 356 361 251 187 300 305 277 207 212 254 231

Total Hampton Roads 1039 1007 1117 1048 962 777 1024 979 912 746 758 1027 961

% Change Prior YR Qtr 8.0% 29.6% 9.1% 7.0% 5.5% 4.2% 35.1% -4.7% -5.1% -16.2% -9.5% -1.3% -12.9%

Year-to-Date Total 1039 4134 3127 2010 962 3692 2915 1891 912 3492 2746 1988 961

% Change Prior YTD 8.0% 12.0% 7.3% 6.3% 5.5% 5.7% 6.2% -4.9% -5.1% -9.8% -7.9% -7.3% -12.9%

Note: Active Adult included with Single-Family in this schedule.

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

Peninsula New Home Building Permits by City/County, 2018-2021

Locale 2021 2020* 2019* 2018* Housing Type Total % 4Q 3Q 2Q 1Q # % # % # % Hampton Attached 16 41.0% 16 76 32.5% 51 26.2% 24 18.5% Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 23 59.0% 23 158 67.5% 144 73.8% 106 81.5% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 39 100.0% 0 0 0 39 234 100.0% 195 100.0% 130 100.0%

James City County - Williamsburg Attached 23 20.5% 23 140 35.2% 181 48.8% 158 35.2% Active Adult 20 17.9% 20 66 16.6% 53 14.3% 77 17.1% Single Family 69 61.6% 69 192 48.2% 137 36.9% 214 47.7% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 112 100.0% 0 0 0 112 398 100.0% 371 100.0% 449 100.0%

Newport News Attached 4 16.0% 4 59 44.7% 33 24.6% 30 24.2% Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 21 84.0% 21 73 55.3% 101 75.4% 94 75.8% Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0% Total Units 25 100.0% 0 0 0 25 132 100.0% 134 100.0% 124 100.0%

York County - Poquoson Attached 32 35.6% 32 41 13.7% 71 25.4% 173 59.0% Active Adult 0 0.0% 0 0.0% 0 0.0% 0.0% Single Family 58 64.4% 58 251 83.9% 208 74.6% 120 41.0% Multi-Family Condo 0 0.0% 7 2.3% 0 0.0% 0 0.0% Total Units 90 100.0% 0 0 0 90 299 100.0% 279 100.0% 293 100.0%

Peninsula Total Attached 75 28.2% 75 316 29.7% 336 34.3% 385 38.7% Active Adult 20 7.5% 20 66 6.2% 53 5.4% 77 7.7% Single Family 171 64.3% 171 674 63.4% 590 60.3% 534 53.6% Multi-Family Condo 0 0.0% 0 7 0.7% 0 0.0% 0 0.0% Total Units 266 100.0% 0 0 0 266 1063 100.0% 979 100.0% 996 100.0%

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

Southside New Home Building Permits by City/County, 2018-2021

Locale 2021 2020 2019 2018

Housing Type Total % 4Q 3Q 2Q 1Q Total % Total % # % Chesapeake

Attached 134 42.4% 134 426 45.2% 291 30.9% 244 25.7%

Active Adult 0 0.0% 35 3.7% 23 2.4% 34 3.6% Single Family 182 57.6% 182 622 66.0% 628 66.7% 670 70.7%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0%

Total Units 316 100.0% 0 0 0 316 1083 100.0% 942 100.0% 948 100.0% Norfolk

Attached 23 26.4% 23 118 27.4% 50 16.7% 15 5.4%

Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 64 73.6% 64 313 104.3% 250 83.3% 263 94.6%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0%

Total Units 87 100.0% 0 0 0 87 431 143.7% 300 100.0% 278 100.0% Portsmouth

Attached 4 8.5% 4 18 12.2% 0 0.0% 5 3.9%

Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 43 91.5% 43 129 87.8% 86 100.0% 122 96.1%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0%

Total Units 47 100.0% 0 0 0 47 147 100.0% 86 100.0% 127 100.0% Isle of Wight County

Attached 15 24.2% 15 63 23.8% 44 21.7% 20 13.0%

Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 47 75.8% 47 202 76.2% 159 78.3% 134 87.0%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0%

Total Units 62 100.0% 0 0 0 62 265 100.0% 203 100.0% 154 100.0% Suffolk

Attached 36 17.9% 36 137 19.6% 72 14.6% 65 13.5%

Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 165 82.1% 165 562 80.4% 421 85.4% 415 86.5%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0 0.0%

Total Units 201 100.0% 0 0 0 201 699 100.0% 493 100.0% 480 100.0% Virginia Beach

Attached 20 33.3% 20 151 33.9% 268 39.4% 148 29.1%

Active Adult 0 0.0% 0 0.0% 0 0.0% 0 0.0% Single Family 40 66.7% 40 295 66.1% 413 60.6% 361 70.9%

Multi-Family Condo 0 0.0% 0 0.0% 0 0.0% 0.0%

Total Units 60 100.0% 0 0 0 60 446 100.0% 681 100.0% 509 100.0% Southside Total

Attached 232 30.0% 0 0 0 232 913 29.7% 725 26.7% 497 19.9%

Active Adult 0 0.0% 0 0 0 0 35 1.1% 23 0.8% 34 1.4% Single Family 541 70.0% 0 0 0 541 2123 69.1% 1957 72.1% 1965 78.7%

Multi-Family Condo 0 0.0% 0 0 0 0 0 0.0% 8 0.3% 0 0.0%

Total Units 773 100.0% 0 0 0 773 3071 100.0% 2713 100.0% 2496 100.0%

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

April 2020 – March 2021, 12-Month New Home Permit Activity Rankings by Builder

PENINSULA (Minimum 5 Units) SOUTHSIDE (Minimum 10 Units) % % Rank Builder Units Share Rank Builder Units Share 1 Ryan Homes/NVR 363 33.8% 1 Ryan Homes/NVR 518 16.5% 2 US Homes 77 7.2% 2 Dragas Companies 244 7.8% 3 HH Hunt Homes 71 6.6% 3 WPL/Ocean Bay Homes 174 5.5% 4 Franciscus Homes 51 4.7% 4 Napolitano Homes 149 4.8% 5 Mainstay LLC 32 3.0% 5 EDC Homes 116 3.7% 6 Marquee Homes 27 2.5% 6 Bishard Development 105 3.3% 7 Landmark Building Group 21 2.0% 7 Hearndon Construction 93 3.0% 8 Chesapeake Homes 19 1.8% 8 Corinth Residential 91 2.9% 9 Atlantic Homes 18 1.7% 9 Chesapeake Homes 87 2.8%

Wayne Harbin Builder 18 1.7% 10 Wetherington Homes 84 2.7% 11 BMDP, LLC 17 1.6% 11 Weldenfield of VA 73 2.3%

LGI Homes - Virginia 17 1.6% 12 Terry-Peterson 64 2.0% 13 Health E Communities 15 1.4% 13 Etheridge Construction 48 1.5%

Quality Homes of Currituck 15 1.4% 14 Ashdon Builders 40 1.3% 15 Kirbor Homes 13 1.2% 15 Eagle Construction 36 1.1%

Stanley Martin Cos. 13 1.2% Home Associates of Virginia 36 1.1% 17 Peninsula Habitat for Humanity 10 0.9% 17 Sasser Construction 35 1.1% 18 Innovative Developments 9 0.8% 18 Stephen Alexander Homes 33 1.1%

Vazquez Construction 9 0.8% 19 AB Homes 31 1.0% Walk Wright Construction 9 0.8% H H Hunt Homes 31 1.0% 21 7 City Builders 8 0.7% 21 Franciscus Homes 30 1.0%

JR Construction 8 0.7% 22 Classic Design Builders 27 0.9% Kingsmill Custom Homes 8 0.7% Graf Construction 27 0.9% 24 Pacific 31st LLC 7 0.7% 24 Daniels Construction 24 0.8%

Pritchard & Co. 7 0.7% 25 Taylor Construction 23 0.7% 26 Mitchell Homes 6 0.6% 26 Virginia Builders 22 0.7%

R A Lawson Corp. 6 0.6% 27 Durden, James, (Cont) 21 0.7% 28 American Eastern 5 0.5% 28 Kirbor Homes 20 0.6%

Bowman Group 5 0.5% Wirth Development 20 0.6% Commercial Demolition 5 0.5% 30 PMD 18 0.6% Modock Construction 5 0.5% 31 Syldaco 17 0.5% Olsen Fine Homes 5 0.5% 32 Helm, Tad, Inc. 16 0.5% Paul White Builder 5 0.5% 33 BMPD, LLC 14 0.4% Total Home Improvement 5 0.5% Satisfied Home Builders 14 0.4% 35 Dwellings Development 13 0.4% Hill, L R, Custom Builder 13 0.4% Listed Builders Subtotal 909 84.6% River Creek LLC 13 0.4% Other Builders 147 13.7% 38 Paragonn 12 0.4% Individual Owner Builder 18 1.7% 39 East Coast Development Group 11 0.4% Total Units 1074 100.0% McQ Builders 11 0.4% Moody Development 11 0.4% P & A Construction 11 0.4% Phillips Housing & Development 11 0.4% Signature Home Builders 11 0.4% VB Homes 11 0.4% 46 Hampton Roads Holding Co 10 0.3% Oceanside Building 10 0.3%

Listed Builders Subtotal 2529 80.6% Other Builders 560 17.9% Individual Owner Builder 47 1.5% Total Units 3136 100.0% RED indicates Builder is Ranked on Peninsula and Southside

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

April 2020 – March 2021, 12-Month New Home Permit Activity Rankings by Subdivision

% % Rank Subdivision Units Type City Share Rank Subdivision Units Type City Share Stonehouse Ridge 101 MX JCC 9.4% 1 Hickory Landing/Manor 174 MX C 5.6% 2 Colonial Heritage 77 AA JCC 7.2% 2 Bryans Cove 142 TH C 4.5% 3 Arbordale 72 MX YC 6.7% 3 Coleman Place 124 TH C 4.0% Marquis Hills 72 SF YC 6.7% 4 Benns Grant 115 SF IW 3.7% 5 Huntington 44 MX NN 4.1% 5 Jolliff Landing 74 MX C 2.4% 6 Foxhill Towns 42 TH H 3.9% 6 Patriots Walke 70 SF S 2.2% 7 Forest Glen Trace 36 SF JCC 3.4% 7 Culpepper Landing 68 SF C 2.2% 8 Tides at New Market Creek 35 TH H 3.3% 8 Riverfront 57 MX S 1.8% 9 Patrick Henry Place 34 TH NN 3.2% 9 Bennetts Creek Quarter 55 TH S 1.8% 10 Mainstay 32 TH YC 3.0% 10 New Port 54 SF P 1.7% 11 Fords Colony 24 SF JCC 2.2% 11 Herons Point 50 SF S 1.6% 12 Whittakers Mill 23 MX YC 2.1% 12 The Tern 49 TH N 1.6% 13 Quarterpath at Williamsburg 22 TH W 2.0% 13 Retreat at Creekside 45 TH S 1.4% Woodlands at Western 14 Mallory Pointe 19 SF H 1.8% 14 Branch 44 TH C 1.4% 15 New Town 18 MX JCC 1.7% 15 Hillpoint 42 SF S 1.3% 16 Promenade @ 5 16 TH JCC 1.5% 16 Planters Station 41 SF S 1.3% 17 Mason Park 15 SF W 1.4% 17 Holland Meadows 39 SF S 1.2% Walnut Farm 15 SF JCC 1.4% 18 Meadowlake Farm 38 SF C 1.2% 19 Kelton Station 13 TH YC 1.2% 19 Pecan Point 34 SF N 1.1% 20 Smith Farm Estates 12 SF YC 1.1% 20 Kingston Estates 33 SF VB 1.1% Villages of Candle Stattion 12 TH JCC 1.1% Nansemond Reserve 33 SF S 1.1% 22 Stonehouse 10 SF JCC 0.9% 22 Meadows Landing 31 SF S 1.0% 23 Oaks at Fenton Mill 8 SF JCC 0.7% 23 Cypress Creek 30 SF IW 1.0% 24 Bunting Pointe 7 SF YC 0.7% Foxfield Meadows 30 SF S 1.0% Kingsmill 7 MX JCC 0.7% Princess Anne Meadows 30 SF VB 1.0% Nelsons Grant 7 MF YC 0.7% 26 Reserve at Grassfield 29 TH C 0.9% 27 Fishers Creek - Pointe 6 SF NN 0.6% 27 Kings Fork Village 28 SF S 0.9% 28 Burgess Quarter 5 TH YC 0.5% 28 North Landing Villas 27 TH VB 0.9% 29 Dominion Meadows 24 SF C 0.8% Subtotal 784 73.0% Hawkins Mill 24 TH VB 0.8% Other New Home Subs. 8 0.7% Preserve at Lake Meade 24 SF S 0.8% Spot/Infill 282 26.3% 32 Albemarle River 22 SF C 0.7% 1074 100.0% Mainsail 22 TH N 0.7% Osprey Watch 22 SF N 0.7% 35 Garnetts Walk 21 TH VB 0.7% 36 Founders Pointe 20 SF IW 0.6% Kinley Square 20 TH C 0.6% 38 Parkside 19 SF S 0.6% Retreat at Kemps River 19 AA C 0.6% 40 Chuckatuck Cove 16 SF S 0.5% Moore's Pointe 16 MX S 0.5% Spence Crossing 16 MX VB 0.5% Village Pointe 16 SF S 0.5% 44 Baker Villas (Willow Wind) 15 TH VB 0.5% 45 Summer Park 14 SF C 0.4% 46 Briarmeade Estates 13 SF IW 0.4% North Shore 13 SF VB 0.4% River Creek 13 TH S 0.4% 49 Greenbrier Station 12 MX C 0.4% Hampton Estates 12 SF C 0.4% Subtotal 1979 63.2% Other New Home Subs. 261 8.3% Spot/Infill 892 28.5% 3132 100.0% RED type indicates permits issued for all lots/units in Subdivision

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

2021 Permits Issued and Units Remaining to be Permitted by Subdivision as of March 31, 2021

Hampton, Newport News, James City County and Williamsburg

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23663 H Mallory Pointe Chesapeake Homes SF low 300s 12/18 38 3 41 41 0

23666 H Tides at Newmarket Creek Franciscus TH high 100s 9/18 95 10 105 125 20

23669 H Foxhill Towns Ryan/NVR TH low 200s 1/20 39 6 45 45 0

23602 NN Fishers Creek Pointe Marquee SF mid 400s 3/18 10 2 12 13 1

23608 NN Huntington (PH 2) LGI SF 300s 10/20 1 0 1 21 20

23608 NN Huntington (PH 2) LGI TH low 300s 10/20 12 4 16 82 66

23608 NN Huntington (PH 1) Various SF low 300s 9/17 53 7 60 60 0

23608 NN Huntington (PH 1) Various TH mid 200s 1/18 59 0 59 80 21 Total Hampton & Newport News 307 32 339 467 128

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23089 JC Rivers Bend various Lots high 100s 8/11 23 0 23 35 12 pre- 23168 JC Retreat, The various Lots prox 100 2000 57 0 57 70 13 pre- 23168 JC Stonehouse various SF 400s 2000 524 2 526 598 72

23168 JC Stonehouse Ridge Ryan/NVR TH 250s 4/19 61 12 73 97 24

23168 JC Stonehouse Ridge Ryan/NVR SF low 300s 3/19 69 14 83 182 99 pre- 23185 JC Governors Land various SF 700s 2000 686 0 686 739 53

23185 JC Kingsmill - Burwells Bluff custom SF 800s 2/16 18 1 19 31 12 Kingsmill Custom 23185 JC Kingsmill - Enclave Homes DUP 800s 12/19 10 2 12 24 12

23185 JC Kingsmill - River Bluffs various Lots $1m 4/21 0 0 0 9 9

23185 JC Kingsmill - Spencers Grant custom Lots 200s 11/10 36 0 36 51 15

23185 JC Mason Park HH Hunt SF high 300s 8/20 9 6 15 15 0

23185 JC Pelegs Point vario SF 350s 10/16 63 0 63 78 15

23188 JC Colonial Heritage US Homes SF mid 200s 1/10 1338 20 1358 1950 592 pre- 23188 JC Fords Colony various SF 500s 2000 2834 5 2839 3166 327

23188 JC Fords Colony - Westport various SF 500s 6/14 29 1 30 101 71

23188 JC Forest Glen Trace Ryan/NVR SF mid 200s 4/20 20 16 36 45 9

23188 JC Liberty Ridge various Lots 100s 1/10 41 0 41 139 98 New Town - Shirley Park (PH 23188 JC 1) Atlantic Homes TH TBD 8/20 9 3 12 22 10 New Town - Shirley Park (PH 23188 JC 1) Atlantic Homes SF mid 400s 1/19 16 3 19 24 5

23188 JC Walnut Farms Health-E-Communities SF 350s 3/19 21 4 25 75 50

23185 W Quarterpath at Wmbg. HH Hunt TH mid 200s 12/14 123 6 129 136 7 Total James City County & Williamsburg 5987 95 6082 7587 1505

2021, Source, Inc. of Virginia

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

2021 Permits Issued and Units Remaining to be Permitted by Subdivision as of March 31, 2021

Peninsula – York County

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23185 Y Burgesses Quarters Ryan/NVR TH mid 200s 9/17 29 5 34 97 63

23185 Y Marquis Hills Ryan/NVR SF 270s 9/19 59 16 75 182 107

23188 Y Arbordale Ryan/NVR SF low 260s 6/18 121 1 122 122 0

23188 Y Arbordale Ryan/NVR TH mid 200s 4/20 22 17 39 61 22 Stamley Martin 23188 Y Kelton Station Companies TH mid 200s 01/21 0 13 13 32 19

23188 Y Oaks at Fentons Mill Harbin/Lawson SF 400s 1/07 71 3 74 83 9

23692 Y Nelsons Grant Pritchard TH mid 200s 1/13 82 0 82 86 4

23692 Y Yorktown Crescent Westmoreland TH/DUP low 200s 3/17 17 0 17 58 41

23693 Y Bunting Pointe various SF high 600s 10/19 9 1 10 12 2

23693 Y Mainstay 4th Generation TH 240s 11/17 50 10 60 94 34

23693 Y Smith Farm Estates various SF TBD 11/19 19 1 20 113 93 Total York County 479 67 546 940 394

Localities Peninsula: H Hampton Southside: C Chesapeake JC James City County IW Isle of Wight County NN Newport News N Norfolk PQ Poquoson P Portsmouth W Williamsburg S Suffolk Y York County VB Virginia Beach Housing Types AA Active Adult SF Single Family DUP Duplex SFA Single Family Attached MFC Multi-Family Condominium TH Townhouse MX Mix of SF and TH

May 18, 2021 9

1st Quarter 2021 New Home Building Permit Data Report

2021 Permits Issued and Units Remaining to be Permitted by Subdivision as of March 31, 2021

Southside – Chesapeake

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23320 C Albemarle River Graf/Summit SF 400s 8/19 34 3 37 39 2

23320 C Coleman Farm WPL TH mid 200s 4/20 80 44 124 216 92

23320 C Lagstone Quay Kirbor SF mid 400s 04/21 0 0 0 40 40

23321 C Elizabeth Place Wirth SF mid 400s 4/18 8 1 9 11 2 Jolliff Landing - Manor 23321 C Homes Corinth/Wirth SF high 300s 3/20 25 18 43 361 318

23321 C Martins Point various SF 700s 8/19 7 5 12 35 23

23321 C Poplar Hill Estates McQ Builders SF mid 300s 12/18 22 2 24 24 0

23321 C Retreat at Western Branch Weldenfield TH TBD 3/21 0 9 9 84 75

23321 C Woodlands at Western Br. Dragas TH high 100s 10/18 96 16 112 136 24

23322 C Edinburgh - Hickory Manor various SF 700s 10/19 5 1 6 13 7

23322 C Hampton Estates various SF mid 400s 2/20 9 6 15 15 0

23322 C Hickory Landing H A V SF 390s 11/16 119 10 129 136 7

23322 C Hickory Manor - Westfield Dragas SF high 300s 6/17 179 19 198 314 116

23322 C Johnstown Estates 2 Kopassis SF mid 400s 3/21 0 4 4 13 9

23322 C Reserve at Grassfield Bishard TH mid 300s 3/21 0 29 29 159 130

23322 C Sanderson Estates Phase 1 various SF TBD 10/20 2 0 2 10 8

23322 C Sandstone Quay Reliant SF 400s 10/20 4 4 8 11 3

23322 C Wexford Square Kroll SF TBD 1/21 0 1 1 57 56

23323 C Brabble Shores East Virginia Builders SF mid 400s 9/20 5 6 11 12 1

23323 C Bryans Cove Ryan/NVR TH mid 250s 2/18 313 28 341 374 33

23323 C Cardinal Meadows Ryan/NVR TH high 200s 2/21 0 5 5 270 265 Eagle 23323 C Culpepper Landing 5-7 Construction/Ryan/NVR SF low 400s 12/17 102 22 124 196 72

23323 C Dominion Meadows - PH 4-6 Hearndon SF mid 300s 5/18 93 10 103 106 3

23323 C Glencoe Crossing Stephen-Alexander SF 500s 12/19 10 2 12 15 3

23323 C Meadowlake Farms Hearndon SF mid 300s 1/19 43 11 54 75 21

23323 C Oaks at Summer Park Stephen-Alexander SF high 300s 10/18 14 1 15 15 0

23323 C Summer Park various SF low 400s 2/06 313 2 315 436 121

23323 C The Landing at Grassfield Ryan/NVR SF 400s 9/20 1 9 10 48 38

23325 C Estella Villas Moody Development TH high 100s 4/19 32 3 35 35 0 Total Chesapeake 1,516 271 1,787 3,256 1,469

May 18, 2021 1st Quarter 2021 New Home Building Permit Data Report

2021 Permits Issued and Units Remaining to be Permitted by Subdivision as of March 31, 2021

Southside – Isle of Wight County and Suffolk

Permits Issued Project Units Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23314 IW Founders Pointe various SF 400s 12/04 275 7 282 320 38

23430 IW Benns Grant (PH 1) Ryan/NVR SF 270s 8/15 216 9 225 282 57

23430 IW Benns Grant - (current phase) Ryan/NVR DUP mid 200s 3/20 20 2 22 50 28 Benns Grant - 3-Story (current 23430 IW phase) Ryan/NVR TH low 200s 10/19 25 11 36 71 35

23430 IW Church Square Atlantic Homes DUP low 200s 6/06 38 2 40 118 78 Pre- 23430 IW Cypress Creek various SF high 300s 2000 280 9 289 456 167

23430 IW Lawnes Poiint various Lots 70s 11/08 29 0 29 155 126

23487 IW Holland Meradows Ashdon/Wetherington SF high 200s 12/19 40 5 45 44 -1

23434 S Foxfield Meadows Hearndon SF mid 200s 2/16 96 6 102 128 26

23434 S Herons Point Napolitano (2019) SF 300s 1/07 80 4 84 90 6 Chesapeake 23434 S Hillpoint Estates North Homes/Syldaco SF high 200s 2/14 81 3 84 86 2

23434 S Hillpoint - River Highlands Terry Peterson SF high 200s 4/19 41 4 45 178 133

23434 S Meadows Landing H H Hunt SF mid 200s 11/19 29 5 34 35 1

23434 S Patriots Walke Ryan/NVR SF low 300s 8/16 179 12 191 224 33

23434 S Pitchkettle Farms Benchmark, various SF high 200s 2/06 54 0 54 54 0

23434 S Pitchkettle, Estates of various SF high 400s 3/06 42 5 47 58 11

23434 S Planters Station (PH-1 52 lots) Etheridge Construction SF 290s 1/17 88 15 103 222 119

23434 S Preserve at Lake Meade several SF mid 300s 8/20 18 6 24 167 143

23434 S Riverside Estates Ashdon SF 500s 8/11 15 2 17 20 3

23434 S Village Pointe Napolitano SF high 200s 01/21 0 16 16 128 112 Bennetts Creek Quarter - 23435 S Vineyards Napolitano TH low 300s 10/20 12 13 25 84 59 Bennetts Creek Quarter - Iron 23435 S Horse Franciscus TH low 200s 10/20 30 0 30 90 60

23435 S Landings at Bennetts Creek Kait / Sasser SF 500s 3/18 5 5 10 23 13

23435 S Nansemond Reserve several SF high 300s 7/20 13 20 33 101 68

23435 S Nansemond River Estates various SF 500s 7/18 39 2 41 106 65

23435 S Parkside, Waterfront at Sasser SF high 300s 11/10 142 5 147 172 25

23435 S Quaker Neck various Lots mid 100s 9/05 43 0 43 49 6

23435 S Retreat at Creekside Village Weldenfield TH high 200s 7/18 66 19 85 126 41

23435 S Riverfront, The various SF 500s 2005 173 0 173 180 7

23435 S Riverfront, The (Sunfall) Terry Peterson SF 300s 7/15 27 3 30 31 1

23435 S Riverfront, Rivergate Terry Peterson SF high 300s 9/19 42 1 43 70 27

23435 S Wildwood Cove Ashdon/McQ SF low 400s 2/21 0 4 4 24 20

23436 S Governors Pointe various SF high 300s 8/04 128 0 128 141 13 Total Isle of Wight & Suffolk 2,366 195 2,561 4,083 1,522

May 18, 2021 11

1st Quarter 2021 New Home Building Permit Data Report

2021 Permits Issued and Units Remaining to be Permitted by Subdivision as of March 31, 2021

Southside – Norfolk & Portsmouth

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23502 N Pecan Pointe Chesapeake Homes SF high 200s 11/19 34 1 35 35 0

23503 N Mainsail EDC Homes TH high 200s 4/20 22 0 22 38 16

23505 N Talbot Hall various SF custom 2/16 10 0 10 14 4

23507 N Redgate Pushar TH 600s 2/21 0 6 6 6 0

23518 N Marina Cottages Stephen Alexander SF 600s 1/20 6 5 11 17 6

23518 N Osprey Watch Classic Design Bldrs SF high 300s 6/20 12 10 22 22 0

23518 N The Tern EDC Homes TH 300s 1/20 47 17 64 96 32

23701 P New Port Ryan/NVR MX mid 200s 7/19 59 14 73 155 82 Total Norfolk & Portsmouth 190 53 243 383 140

Southside – Virginia Beach

Permits Issued Project Units

Zip Cty Subdivision Builder Type Priced From Started Beg Yr 2021 Total Total Rem.

23451 VB Cavalier Frye Properties MIX 400s 12/14 81 1 82 83 1

23451 VB Point Chesapeake Terry Companies MFC mid 800s 1/16 24 0 24 48 24

23455 VB Hawkins Mill Dragas TH TBD 12/19 48 8 56 88 32

23455 VB North Shore various SF low 500s 7/05 165 4 169 179 10

23456 VB Kingtson Estates (PH 1) Chesapeake Homes SF 500s 12/17 123 0 123 125 2

23456 VB Princess Anne Meadows Corinth SF high 400s 12/18 50 8 58 83 25

23457 VB Pungo Ferry Landing (PH 2) Kirbor SF low 500s 7/13 13 0 13 16 3

23464 VB Trotter Court GBK SF high 300s 7/19 14 0 14 15 1

Total Virginia Beach 518 21 539 637 38