richmond virginia real estate: Who Is Saying It is Time To Buy a Home? EVERYONE!
- 09/22/10 06:34 AM
"Enough with the doom and gloom about homeownership." - WSJ 9/16/2010 WOW! If that quote was attributed to the National Association of Realtors or the National Association of Home Builders, it would have been quickly dismissed. However, it was the Wall Street Journal that was calling for the end of the ‘doom and gloom' talk surrounding real estate. We are finally seeing a powerful backlash to all the recent claims that homeownership should never have been part of the American Dream. It is about time! The WSJ has been posting on the financial advantages and the other non-financial benefits of homeownership for … (0 comments)
richmond virginia real estate: The Fall Harvest Also Applies to Housing
- 09/20/10 08:11 AM
Mark your Calendars! According to the U.S. Naval Observatory, autumn begins on September 22 at 11:09 PM EDT; it's just about official, summer 2010 is over. The Autumnal equinox is coming, and you can feel it in the onset of that brisk autumn air, as well as with the number of home sales hitting the streets! September marks the official kick-off of the fall real estate market, and in Richmond, Virginia we are beginning to see the signs of the new housing inventory offering purchasers and sellers a second chance to reap the benefits of the second gathering. Like the change … (0 comments)
richmond virginia real estate: Seventy Five years of Richmond's Historic Preservation
- 08/31/10 10:56 AM
This year is the seventy fifth year that officially marks the foundation of historic preservation in Richmond, Virginia in 1935. Laying the ground work for preservation in the 1920's and 30's, "Mary Wingfield Scott, Elisabeth Scott Bocock, Louise Catterall and Mary Reed contributed significantly to the increased appreciation for Richmond's built environment through research, publication, postcards and walking tours". It wasn't until 1935 when an important historic structure, the Adam Craig House, was threatened with demolition that the idea of preservation as a practice was established. It was Mary Wingfield Scott who formed a committee in order to purchase … (1 comments)
richmond virginia real estate: Top Influences in Selecting a HOME
- 08/23/10 07:18 AM
A Richmond, Virginia neighborhood can be every bit as important as the dwelling itself - at least according those of us polled. The 2009 National Association of REALTORS ® Profile of Home Buyers and Sellers Reported the results of a survey of consumers and real estate agents regarding top influential characteristics in selection a home. Considered by 64% of individuals when deciding where to live, quality of neighborhood was one of the most cited factors. Additional attributes that those surveyed deemed important are: Convenience of Job: 50% Overall affordability of Homes: 43% Convenience to family and friends: 38% Quality of … (1 comments)
richmond virginia real estate: Richmond’s Virginia House & Architect William Lawrence Bottomley
- 08/20/10 11:57 AM
Perhaps my favorite Richmond Virginia architect is William Lawrence Bottomley, although Richmond was not his true home. Bottomley designed numerous meaningful and historically significant homes in Richmond, but it is perhaps a lesser known fact that he contributed to what many might consider a modest detail of importance at Virginia House. One of Richmond Virginia's most interesting and historic homes sits overlooking the James River at the back of the exclusive Windsor Farms neighborhood. Virginia House completed construction only months prior to the stock market crash of 1929, and is a tale of romance and interest on its own. … (0 comments)
richmond virginia real estate: 10806 Tutelo Ct, Glen Allen, VA 23059
- 07/20/10 11:25 AM
This home shows like a MODEL and is located on a quiet cul-de-sac street in the heart of the Magnolia Ridge subdivision, conveniently accessible to the community play ground, pool and tennis courts, yet only moments to Virginia Center Commons shopping and restaurants, as well as to the Crossings golf course. When working you will enjoy direct access to downtown, or for those who travel for work and pleasure, you are only two minutes away from major interstates and highways to all points Richmond and beyond. Meticulously maintained with almost 2300 square feet, three bedrooms, two and a half baths, … (0 comments)
richmond virginia real estate: Do-it-Yourself is Overrated!
- 06/07/10 10:36 AM
I am a home project, died in the wool, do-it-yourself fanatic, so I believe anyone can take on whatever house improvement task they set their mind to - if they are committed. What people need to realize is that when I take on a project it's usually because I want to; when a home owner decides to make an improvement it's usually because they have to fix something as they're getting ready to sell their house. In this case it's no longer an enjoyable hobby, and the task can quickly feel like a burden rather than an escape. Many sellers are … (2 comments)
richmond virginia real estate: How Do Teams in real Estate Work?
- 03/17/10 04:12 AM
I love my wife Ann, who is also my business partner; she does all the honest-to-goodness work while I write articles about real estate or the housing market and purport to be an "expert" at something. She is decently civil about the whole thing too, and complements me by saying how we each contribute different things to the job, which is after all why we work so well together. I have decided to politely agree with her on this point. I am blessed because I know that, while there are a number of successful husband/wife teams in real estate, there are … (2 comments)
richmond virginia real estate: What Do Statistics Tell Us About the Housing Market?
- 02/24/10 04:14 AM
I love the National Association of Realtors; they have stats for everything. If you want to see the latest market stats, trends and projections, I feel this is one of the first websites to visit. For instance they tell you that the number of first-time home buyers rose to 47%, up six percent over this time last year, the highest on record dating back to 1981. They tell you the median price of homes, where down payments come from, what the age is of buyers and sellers, and that 80% of consumers still choose full service agent representation when buying or … (0 comments)
richmond virginia real estate: Activity in Richmond Real Estate – Forecast “More Snow”
- 02/05/10 01:44 AM
It's snowing! Again!!! What a week for real estate. Tell people they are snowed in an unable to see homes and the phone starts ringing. They say, "If you ever want to get busy, plan a vacation"; I suppose the forecast for more snow is similar to this concept. But in all honesty, it is probably just that people are ready to get moving again after an extended period of inactivity. The notion that we "can't get out" fuels the need to do something sooner rather than later. I hope this is the precursor to a vibrant spring market this year! … (0 comments)
richmond virginia real estate: Activity in Richmond Real Estate - Forecast "Snow"
- 01/30/10 01:09 AM
It's snowing! An appropriate end to the week; we should have winter precipitation once in a while in Richmond to remind us of the change in seasons. And on a Saturday when there is no real pressure to go anywhere, we can attempt to enjoy it a little too. There is also the comfort of knowing it won't hang around long as temperatures rise next week - The business of real estate sales will not be put off for long. I continue to be encouraged by the increase in real estate activity. The news in general is cautious but good. The … (2 comments)
richmond virginia real estate: Activity in Richmond Real Estate - Week Three of 2010
- 01/22/10 01:53 AM
It's been another busy week in Richmond real estate. I love the way this year seems to be moving toward a renewed interest in homes. In spite of some still rather unpleasant housing news, there is activity in the market that supports the fact that people will not sit on the fence forever. This is perhaps the most affordable time in which many of us have lived to by a house, which is being reflected in the growing sales totals in all price ranges. I also think it's refreshing that folks seem to be looking at real estate as a "home" … (0 comments)
richmond virginia real estate: More Change in Richmond Real Estate
- 01/15/10 09:16 AM
The second week of the New Year in Richmond, Virginia shows continuing signs of housing market improvements. In general, activity is increasing; calls and appointments are picking up and there better than usual contract activity. Is this a temporary condition, a last ditch effort to take advantage of government incentives, or is this the precursor of a healthy spring market? Time will tell us, but I am much encouraged by the signs that indicate the number of listings and sales is starting to increase. Especially sales! There is evidence by the number of contracts we are getting in our office that … (0 comments)
richmond virginia real estate: The New Year in Richmond Real Estate
- 01/09/10 05:08 AM
I have made it through the first week of the New Year. After last year it feels like some congratulations are in order? Well, not really, I suppose, because there is a lot of ground to cover in order to determine if the real estate business-plan we have developed for 2010 will be successful. In fact another fifty-one weeks to be exact. However, after the past year I am eternally optimistic about the up-swing in housing. In spite of all the predictions, prognostications, advice and guess-work out there in the market-place, I feel that good things are on the horizon in … (0 comments)
richmond virginia real estate: What's next on the Tax Credit Front?
- 11/23/09 06:12 AM
As you know, it was recently announced "the government expanded the first-time homebuyer tax credit through April 30th, 2010, and added a new homebuyer tax credit for existing homeowners who are interested in purchasing a new home. With mortgage rates still at historic lows, and plenty of affordable homes on the market, this may be a great time to buy." In fact, this may be the most affordable housing market that many of us have seen in our lifetimes. So what does this mean for home buyers and sellers? Well, for starters, it may translate into an earlier than normal "spring … (3 comments)
richmond virginia real estate: Is the Government Tax Credit Really Going to Expire?
- 10/29/09 07:10 AM
WHO KNOWS! At this point reports regarding extending the government tax credit seem to be changing by the hour. On Monday reports stated it would under no circumstances be extended; by Thursday the media was a-buzz with a potential compromise that will extend the timeframe. The on-again/off-again tax credit extension includes numerous revisions of what may be included if it survives the current November 30th deadline. By the time you read this, it may have changed yet again! Regardless of the pending tax credit compromise, market indicators point to the probability that home sales will continue to improve in our area … (0 comments)
richmond virginia real estate: What Should I do to FInd My Next Home?
- 10/23/09 04:40 AM
Did you know that approximately 85% of people looking for homes use a REALTOR®? In spite of the fact that the majority of home buyers start their search on the internet, they still choose to work with a real estate professional once they are committed to a serious home search. Realtors don't control housing information the way they did twenty years ago, before MLS and computer based systems began sharing information freely across cyber space. What they do provide is an in-depth knowledge of homes and property values that only comes from daily interaction with other professionals, buyers and sellers. This … (2 comments)
richmond virginia real estate: When is the best time to buy or sell real estate in Richmond?
- 08/11/09 06:44 AM
Statistics show that the spring months tend to be the best time to buy or sell a home in Richmond. After being cooped up all winter we are ready for change with the arrival of warm weather and fresh foliage. We are fortunate in Richmond to have a robust fall market as well. Once again, due in part to our mild temperatures, the fall offers opportunities to collect ourselves as we prepare to settle down for the winter, and this attitude is reflected in property sales. In contrast, August is the slowest month for home sales just ahead of December. One … (0 comments)
;)
;)
