Real Estate Market Analysis

In the era of big bands, Lucky Strike cigarettes, and fighting Nazis, port cities around the world could rely on Yankee sailors to generously spend their wages in the many taprooms and rathskellers that prosper there.  The old adage, “Spending money like a drunken sailor” found its well deserved ...

Bailout after bailout has been paid to our financial institutions, and it’s just coming out that we are heading for an even deeper recession than originally projected. As a matter of fact, we are much worse off right now than the worse projections designed to scare us if we didn’t vote for the tr...

Active Rain CEO and co-founder, Jonathan Washburn, announced today on his blog that he is stepping down as CEO of ActiveRain.  Online software Giant Market Leader will be taking over the helm according to Inman News.  The question remains, what does this mean for the ActiveRain community. My dad ...

Check out the video below to hear ZipRealty agents talk about how they have been successful in this market using the ZipRealty business Model If you live in Charlottesville, Williamsburg, Richmond, or the Tri-Cities, VA, call me today for a private meeting. Ray Garrett District Staffing Manager ...

Looking at the chart above, it becomes obvious when the music died in the Richmond, VA real estate market.  There are a few other things that I think are not as obvious that could stand some analysis The Q4 2008 Was Trending Down Predictably: Most analysts lament Q4 2008 as the pinnacle of the r...

I want to start this article with the caveat that I am in no way promoting using this method instead of using net income valuations, and other methods for determining whether or not to invest in a potential rental property.  In Short, do your Homework. What this article will provide is an easy wa...

As you can read in this Financial Times story, Federal Reserve Chairman, Ben Bernanke, is planning on manipulating the economy is such a way as to cause a planned inflation rather than suffering through dabilitating deflation.  So what happens during inflation? Well the first thing that happens i...

I read blogs on Active Rain quite frequently.  As I described in a previous post, I subscribe to many blogs I find interesting.  In reading numerous blogs daily, I learn a lot about the daily lives of Realtors and their clients.  Some times I learn too much. I often read blog posts by realtors wh...

I had a conversation with a Realtor friend of mine a few days ago.  He told me that we (Realtors) need to become more proactive in countering the bad news that the media keeps portraying about our industry.  Those of you reading this may feel differently, but I totally disagree.  I'd like to give...

I'd like to make a radical statement to all who read this.  Clients don't want a prompt return phone call... They want us to PICK UP THE PHONE! The Art of Answering: Don't get me wrong.  Clients do need to have some boundaries as do other professionals with whom we deal on a daily basis.  There's...