Richmond, Virginia Real Estate - Melissa Savenko's Blog

Real Estate Agent - RE/MAX Commonwealth
Melissa Savenko's Richmond, Virginia Real Estate Review - My Comments on All Things Related to Richmond Real Estate, as Well as Unrelated Commentary on Things that Interest Me
Front page news in today's paper indicates that the commercial real estate market in Richmond, Virginia is slowly deteriorating, with more properties in danger of default on existing debt.  According to Real Capital Analytics, a New York commercial real estate research firm, there are 25 distress...
I suck at math, which is why I went to law school rather than business school, a decision I still periodically regret.  So I am eternally grateful to Charles Dailey for posting this link to HIS post on one of my comment pages.  It QUANTIFIES the cost of waiting to purchase a $125,000-$250,000 hom...
On November 6, 2009, the Department of Housing and Urban Development issued new guidance relaxing the financing requirements for condominiums.  For condominium developers, listing agents for condominium projects, and condominium buyers, this is GREAT news.  Basically, an individual buyer may now ...
This is an interesting article on the value of social networking sites like Facebook, Twitter, etc. in developing and building a stronger real estate business.  Here's the author's, Mike Parker's, opinion: Social media is a sinkhole that absorbs time, effort,  and money that could be better spent...
Well, it's that time again.  Sunday morning, and I'm gearing up for the stand-by Sunday Open House.  This Sunday - and every Sunday except holidays - I'm holding open the Windsor Court Condominiums, located smack-dab in the middle of the Historic Fan District.  Here are some quick facts about the...
I really don't know what happens and how.  All of a sudden, days and days, sometimes weeks, pass and I'm behind the eight ball on the blogging front.  I just looked and my last post was August 26, 2009.  The thing I find most frustrating is that there are typically lots of things I WANT to addres...
I feel a teensy bit validated, now that USA Today is featuring an article on the two reasons to buy a home NOW - the historically low interest rates AND the first time home buyer tax credit.  Of course, this "buy a home NOW!" advice only applies to people who have stable jobs, consistent income, ...
Here is a really interesting article from MSN Real Estate, reporting on a study that finds a higher "walkability" index translates into higher home values in 13 out of 15 metropolitan areas.  The data supports what we real estate agent who represent certain City of Richmond neighborhoods have kno...
Folks that follow my blog (hi Mom!) know that I have posted in the past about the first-time home buyer tax credit.  The credit gives eligible individuals $8,000 in a bottom line CREDIT on your 2009 tax return.  In fact, you can even amend the 2008 tax return to get that money sooner.  I've conti...
It just so happens I wrote a bit yesterday about a Zillow poll that ranked Richmond, Virginia as the 7th best place in the United States to buy a home.  And in that post, I alluded to the fact that I typically disdain Zillow data because I have found it to be ridiculously inaccurate in certain su...

Melissa Loughridge Savenko

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