Thursday, January 16, 2025

Good morning! On this day in 1786, the state General Assembly passed the Act for Establishing Religious Freedom, now usually called the Virginia Statute for Religious Freedom. The law said Virginia would not have an established state church but would instead promote freedom of worship for all denominations.

The Virginia Flyover endured some earthquakes this week. More on that in Top Stories. If you felt one, hit reply and let us know.

Today's sponsor is Mode Mobile, offering an investment opportunity that is shaking up the smartphone industry.

Property Values Soar

Central Virginia is the fastest-growing part of the Commonwealth. New Kent County added 14.4% to its population in the last five years, while Goochland County added 13.9%, and Chesterfield, Hanover, and Henrico counties, along with the city of Richmond, also reported significant population growth.

The rapid growth is driving up real estate prices across the region. Richmond has landed on two national lists of the hottest property markets. Last year, the median price for a single-family home reached $424,000, up from $300,000 in 2020.

Prices are soaring in other cities, as well. In Virginia Beach, the median home price has increased by more than $150,000 over the past decade. Other cities in the Hampton Roads area show similar price jumps.

The three areas with the fastest price increases in the state are all in Northern Virginia. Dunn Loring, Waterford, and McLean topped the list.

Small Quakes Shake Richmond

Two minor earthquakes shook the Richmond area within hours of each other, though no damage was reported from either event.

"It felt like something landed on the roof," one resident said about Tuesday's quake, which had a magnitude of 2.8 and could be felt as far north as Front Royal.

The second earthquake was centered in the same general vicinity—the Wyndham area of Henrico County, north and west of the capital. Wednesday's quake had a magnitude of 2.3.

The U.S. Geological Survey noted that earthquakes happen occasionally in every state. This week's tremors were far less severe than the 5.8-magnitude earthquake that struck the same region in 2011, which caused damage as far away as Washington, D.C.

Restaurants to Try in NoVa

Valentine's Day is just around the corner, and Northern Virginia offers an array of top-notch restaurants for a perfect dinner date.

Washingtonian Magazine, based in D.C., recommends Thompson Italian and Ellie Bird, both in Falls Church, and Ruthie's All Day in Arlington.

Other noted eateries in the area include Cafe Colline, Truong Tien, Chay, and Padaek.

Moving beyond the Beltway, Forbes mentions Ethiopian favorite Dama and 26 other noteworthy restaurants in Northern Virginia, including spots in Prince William, Loudoun, Fairfax, and Arlington counties.

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➤ Richmond: The House of Delegates passed resolutions to amend the state constitution to include the rights to abortion, voting, and marriage equality. Constitutional amendments must be passed in two separate legislative sessions before being placed on the ballot for voters to consider. (Details)

➤ Statewide: The deadline to enroll in Virginia's health exchange has been extended until Jan. 22. "We want to make sure that we do everything we can to make it possible for people to get health insurance," the director of the exchange said. (More)

➤ Richmond: City water officials had copies of a 2022 EPA report that identified many problems in the system, but they did not respond to the agency until Jan. 3 of this year—just three days before a power failure knocked the system offline, prompting regional boil advisories. (Details)

➤ Statewide: TSA agents seized more than 140 guns at Virginia's airports last year, the most they have ever encountered. Four airports set individual records. (Details)

➤ Norfolk: S.B. Ballard Construction and Yates Construction have been selected to build a $750 million casino near Harbor Park. The project is scheduled for completion in two years. (More)

➤ Richmond: Two Democratic lawmakers, one in the House and one in the Senate, have introduced legislation to provide free breakfast to all students in the Commonwealth. The measure would cost an estimated $43 million. (More)

➤ Washington Commanders defensive coach Joe Whitt Jr. may interview for the open head coaching position with the New York Jets. For now, though, he is preparing his defense for Saturday night's playoff game in Detroit. (Details)

➤ William & Mary's men's basketball team visits Hampton tonight. The Tribe is undefeated in the CAA. (Preview)

➤ Old Dominion hosts Appalachian State in men's basketball in Norfolk tonight. The Monarchs are 4-1 in the Sun Belt, tied for first. (Details)

➤ If you want to stay on top of what's happening in college sports, you need to follow NIL Wire. Sign up here with one click!

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➤ Norfolk International Airport said hello and farewell to 4.86 million passengers last year, breaking its passenger record for a third straight year. (More)

➤ Virginia Beach-based Trader Interactive has leased an entire floor at Town Center of Virginia Beach. The property is 98% occupied. (Details)

➤ Small business owners in Washington County have until the end of the month to apply for Hurricane Helene relief funding. (More)

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This tech company grew 32,481%...

No, it's not Nvidia… It's Mode Mobile, 2023's fastest-growing software company according to Deloitte.¹

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*See Disclaimer

➤ Students at Hodges Manor Elementary in Portsmouth are getting free books as part of the "If You Give a Child a Book" campaign. Over its lifetime, the program has handed out more than a million books to children nationwide. (Details)

➤ Doctors warned that influenza and COVID-19 infection rates are spiking across the Commonwealth, but the number of cases remains lower than last year. (More)

➤ A student from the Thomas Jefferson High School for Science and Technology is working to eliminate light pollution to provide a clearer view of the night sky. (More)

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➤ ZQuiet is a ready-to-use, anti-snoring mouthpiece that provides immediate relief by gently moving your jaw forward. With ZQuiet, you can finally stop snoring at the source — for good! (See It Here)

Will Old Dominion win the Sun Belt Conference in men's basketball?

Wednesday's Results:

Should Virginia raise the minimum wage again this year?

Yes: 42%
No: 58%

What is Washington's record against Detroit in the NFL playoffs?

Show me the answer

Disclaimers for Mode Mobile: 1 Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur. 2 The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period. 3 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+. Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. This is a paid advertisement for Mode Mobile Reg A offering. Please read the offering statement at https://invest.modemobile.com/. Rainmaker Ad Ventures is paid by Mode Mobile for promoting their securities offering. Payment is in cash and billed monthly. As of the end of December, Rainmaker has received $118,085. Additional fees may have accrued since then. **https://www.sec.gov/Archives/edgar/data/1748441/000149315224029326/0001493152-24-029326-index.html

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