long and foster real estate: Kitchen Space is Important!
- 12/19/13 12:51 AM
When clients first come to me to begin their new home search it is rare, if not unheard of, that their “must have” list doesn’t contain one or more qualifications for their future kitchen. This is hardly a surprise since the kitchen is a vital room that has to serve a functional purpose several times a day! Space and how well it is used are the keys to a happy kitchen. First we’ll take a look at things to consider if you are in the market for a new home and then look at how to work with what you’ve got if you’re stuck with a less … (1 comments)
These figures reflect the 2012 market and are predictions for the 2013 Real estate Market in Richmond Va. and surrounding areas. It also updates you on my year.
I sold over 50 homes last year. The buyers averaged 200 reflecting the mass influx of first time home-buyers. The sellers averaged 250-300.
Short sales are taking much longer 4-5 months still, and there is much frustration with buyers in this market.
Investors are still buying the foreclosures and trying … (0 comments)
In case you have not heard Echo Boomers are the kids of the baby boomers. They way out number the baby boomer generation, and they are the new home buyers over the next few years. There is a projected housing shortage in 2011 because of their demand. They want 24/7 info. social networking, lots of information and most of it anonymously
if you are selling your home, it is important to hire and agent to seek these buyers out. Your want to hire an Internet savvy agent with lots of … (0 comments)
long and foster real estate: A Challenging Year in Real Estate( Richmond Va.) But Still Much To Be Thankful For in This Country
- 10/02/08 04:06 AM
This is an update on your market in Richmond Va, and comments on the market in general. Granted it has been a trying year, but Richmond has not fared badly. Average prices in the area are from 250-280 with many better than average deals out there. There is plenty of good inventory at premium prices as sellers are offering reasonable negotiations. Every month we list and every month we sell homes. National Association of Realtors reports home sales in August were up 3.1 percent over July. We are selling 5 million plus homes a year. The median existing home price was 212,400. Down … (0 comments)
long and foster real estate: Sellers: Beware of the Cost of Deferred Maintence
- 06/26/08 03:35 AM
Buyers expect a home to be in good shape. Replacing the roof and painting, replacing the HVAC are not value added in a buyers market. They are expected! If a seller neglects their home, and decides to sell; they will be hard pressed to recoup these costs in a higher sales price. Buyers are looking for homes than have been maintained during ownership, and value those homes more than quickly fixed up homes for resale. Many home repairs, if not made promptly, will cause other problems. Leaky roof may cause the sheathing to be replaced, as well as mold and drywall issues. Uncleaned and unmaintained gutters … (2 comments)
Updates on real estate market in Richmond, Virginia and surrounding counties such as Chesterfield, Bon Air, Chester, Midlothian, Hanover, Glen Allen, Henrico, Richmond, Virginia. Also thoughts on market changes in 2010, Information on housing for sale at Virginia Commonwealth University,
When clients first come to me to begin their new home search it is rare, if not unheard of, that their “must have” list doesn’t contain one or more qualifications for their future kitchen. This is hardly a surprise since the kitchen is a vital room that has to serve a functional purpose several times a day! Space and how well it is used are the keys to a happy kitchen. First we’ll take a look at things to consider if you are in the market for a new home and then look at how to work with what you’ve got if you’re stuck with a less … (1 comments)
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