As we close out another year, I always like to take a look back in the rear view mirror to see how things wrapped up ... and how they compared to previous years. While real estate changes each year (heck sometimes it feels like weekly), it's always critical to keep an eye on trends and where the market is heading.
THE SHORT VERSION The Fan District real estate market continued to be strong in 2018. Another year that we were faced with limited inventory and a strong demand from buyers, which worked towards most … (0 comments)
We've officially breezed into October! With that, here is the much anticipated Fan District Real Estate Report. For all you fact checkers out there, it's only for single family homes and does not include multi-family or condos.
JUST THE FACTS Source: CVRMLS
INVENTORY I'm starting to feel like a broken record! Low inventory, low inventory, blah, blah, blah. Did I mention that inventory is still low? We keep wondering when the market is going to shift, but we haven't seen it (yet) in the Fan. For now, demand is high and inventory is low. So your high school economics professor was correct … (0 comments)
Well, 2016 is officially behind us! And as we push forward into 2017, it's always a great time to take a sneak peak in our rear view mirrors to see how things shook out in 2016. Admittiedly, I'm a data junkie so this stuff gets me pretty excited. I keep a pretty close eye the sales each week but it was especially impactful for me to lay the data next to 2015 (which was a great year as well). Another set of data point to remind us how strong the market is now.
So without further ado {insert drum room} .... Here is … (0 comments)
richmond real estate: 2016 Q1 Fan District Real Estate Report
- 04/18/16 03:35 AM
2016 Q1 Fan District Real Estate Report Spring is finally in the air here in the Fan District in Richmond, Virginia- and it looks like it's here to stay! As I stop to catch my breath for a second, I wanted to share the sales figures for the first quarter of 2016.
FAN DISTRICT SINGLE FAMILY HOME SALES:
As we are well into the Spring market now, 46 DOM (Days on Market) might not seem that impressive. But like most things, the devil is in the details. There were a number of homes that took in excess of 100 days to sell, which brought up the … (0 comments)
richmond real estate: Wiggle it ... just a little bit
- 10/13/15 11:32 AM
Wiggle it ... just a little bit Allow me to take a little break from my traditional real estate blog. Rest assured, it's about real estate but with a bit of a twist. My mother always said, "If you don't have anything nice to say, don't say anything at all!" Well, too bad mom. I can't bite my tongue any longer. There are so many things that I love about my job. I feel fortunate to have had some pretty amazing clients over the years. Many of those clients have become life-long friends. And there's nothing more rewarding than helping a first time home buyer. So … (52 comments)
Folks- the 3rd Quarter is a wrap! So as we close out the quarter, you'll find the figures for single family home sales in the Museum District in Richmond, VA for Q3 2015:
I'm starting to feel like a broken record. Just like last quarter, inventory is the biggest challenge in the Museum District. Great news if you are selling and difficult if you are buying. With only 4 homes on the market currently, there just isn't much inventory to choose from.
MUSEUM DISTRICT REAL ESTATE FACEBOOK PAGE Is once a quarter just not enough to satisfy your Museum District real … (2 comments)
richmond real estate: Rivergate off of River Road
- 09/30/15 10:46 AM
Rivergate off of River Road Just over the border of Henrico into Goochland County, you'll find the Rivergate neighborhood off of River Road in Richmond, Virginia. Rivergate is one the one of Richmond's premier neighborhoods in Goochland County. It's called Rivergate for a very simple reason ... it's near (not on) the River, off of River Road and it is a gated community. Not a lot of wild creativity when it came to selecting the name. However, once you are in the neighborhood, there will be nothing to let you down. PRESTIGIOUS RIVER ROAD Rivergate is tucked away off the prestigious River Road. It also has an entrance … (0 comments)
richmond real estate: Near West End Homes in Richmond
- 09/26/15 11:50 AM
Near West End Homes in Richmond Are you in the market for a home in the near West End in Richmond, Virginia? If so you'll need to come out on Sunday (9/28) between 1-3pm to my OPEN HOUSE at 4611 Stuart Avenue in the Near West End. 4611 Stuart Avenue in the near West End was built in 1955 and boasts 3 bedrooms, 1/5 baths and 1,459 square feet. The price was recently reduced to $289,500. It's rare to find anything move in ready in the near West End for less than $300,000, so this home is priced to move. One of my favorite … (0 comments)
So you've decided that it's time to sell your home in Richmond, VA - Congratulations! For most individuals and families, that's not an easy decision. Now that you've made the decision to sell and move, the rest should be easy, right? Well ... maybe not?
Everyone wants "top dollar" for their home. But maybe your home isn't in "top dollar" condition? If you are like most of my clients (and myself, for that matter), you have a long list of things that you've wanted to do to your home for years and years - but you … (6 comments)
richmond real estate: Do you know the right way to pronounce the "Carillon"
- 09/17/15 03:48 AM
The Carillon in Richmond, VA For my first few years in Richmond, I avoided making reference to the Carillon simply because I wasn't sure I was pronouncing it correctly. Was it Care - a- lon or was it Car-rill-ion? And of course none of my friends knew either. We'd just refer to it as the "other side of Carytown" or "that neighborhood near the big bell tower." So as I began to make some friends in that neighborhood, I would discretely pull them aside and ask them for their pronunciation. After I felt I had surveyed enough people, I was comfortable with the correct pronunciation.
Now … (0 comments)
richmond real estate: Homes in Windsor on the James
- 09/01/15 03:18 AM
Want to learn more about homes in Windsor on the James? Considering buying or selling a home in Windsor on the James? Well, you've come to the right spot! So read on ...
For those of you that don't know much about this neighborhood, especially those of you that might be new to Richmond, Windsor on the James is a magnificent neighborhood that is located off of River Road in Henrico County. You are just a few miles over the City/County line and close to the University of Richmond and the River Road Shopping Center.
This is one of the newer neighborhoods off the River Road … (2 comments)
If you own property within the City of Richmond (or are considering buying property within the City of Richmond), time to listen up! Last month the City of Richmond sent out their 2016 Notice of General Reassessment. Sounds so formal ... but it is simply their "heads up" as what kind of change you can expect in your property assessment in 2016. Which, as you know, will determine how much you pay in property taxes. Good news- it's not the bill (yet)!
As a property owner you certainly like when your property is increasing in value .... except … (0 comments)
richmond real estate: Come on people - get a home inspection!
- 02/03/15 10:20 AM
There are certainly lots of times where I'll be nice and gentle with my buyers. I'll talk softly and hold their hand. But when it comes to home inspections, the gloves come off. Yes, buying a house can be expensive. No one wants you to spend any more money than you have to. But for the love of god people, get a home inspection! Depending on the age and size of your home, they can run from $250-$750. It's a little like insurance ... you hope never need it, but are so thankful when you do.
REGARDLESS OF THE AGE OF … (2 comments)
richmond real estate: But where do I park my car in the Museum or Fan Districts
- 01/29/15 10:17 AM
But where do I park my car in the Museum or Fan Districts? It's a valid question and one that this REALTOR® is asked nearly every day. Or better yet, does this house have off-street parking or a garage? So here are a few parking considerations when buying a home in the Museum or Fan Districts:
1. Just buy a home that has parking behind it already! That makes it easier on everyone, right? Everyone but your wallet. Homes with some kind of off-street parking can command a much hgher price tag than those without in the Museum and Fan Districts. And … (4 comments)
2018: A Year in Review for Fan District Real Estate
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