Linda Staples Terry's (lstaples) Blog

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Services for Real Estate Pros - Tranzon Fox Auctions

ARCHIVED BLOG POSTS

2009 

Well I have made many observations since my last blog and have been blogging in my head for days but just now getting the chance to put the fingers on the keyboard.... observations in / around Richmond VA Henrico Co, Verizon, Fort Lee and others have all announced they are hiring Foreclosure noti...
03/23/2009
This week's property transfer records show another decline (2nd week in a row) of about 2%.  Transactions involving a bank as buyer or seller are 81 out of 392 total reported transactions for 20.66%, about 3.5% better than the high of 24% on Feb. 28th. This is good news for John and Jane Q. Publi...
03/15/2009
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Richmond area- example of how rough thing are and how gutsy buyers have gotten:  tax assessment of a house is $837,600.  Last list price $725,000.  Current list price $675,000.  Two offerors just engaged in a "competition"... $450,000 went to $510,000 $515,000 went to $535,000 went to $550,000 Se...
03/13/2009
Summer rentals are the lifeblood of the Outer Banks barrier islands-- the success of the shops, restaurants, tax base, real estate sales, tourist destinations, historic sites and museums are all dependent on how many visitors come and rent beach houses between May and September. With the slump in...
03/08/2009
this week's talley of property transfers involving a bank as either buyer OR seller (foreclosure or REO sale) comes to 22.4% of the total, (52 out of 232)-- a slight decline over last week's high of 24%. So, for the 5 weeks that I have been tabulating this, the Richmond area, (including surroundi...
03/07/2009
I drove across the bridge with great anticipation-- leaving 8" of snow behind in Richmond, the Outer Banks barrier islands of North Carolina greeted me with sunshine and a stiff wind.  These islands have welcomed visitors from Canada to Virginia for over a century, and are the birthplace of first...
03/06/2009
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Linda Staples Terry

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