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Like Living in the City of Richmond but still be in Chesterfield County: Oxford in Bon Air and Southampton Acres.
2008-11-04 14:37:00
Oxford in Bon Air and Southampton Acres are two adjacent established neighborhoods that are located in Chesterfield County but are right on the City/County line. Located in MLS Area 64, these homes were mostly built in the 1960’s. Most of the homes are either ranch or tri-level styles. There are several new or newer construction homes in the area as well. The area is very picturesque with the ro
Read more: Living , Oxford , Richmond

Certified Commercial Investment Member
2008-11-03 16:33:00
As I enter into my 10th year as a commercial broker, I find myself appreciating more and more my affiliation with the CCIM Institute. CCIM stands for Certified Commercial Investment Member , and I received my designation on October 31, 2001 in Chicago, IL. As I've told many people since then, nothing can compare to the satisfaction of having completed and PASSED the exam which all must pass followi


First Time Homebuyer Tax Credit
2008-10-31 14:28:00
The Housing and Economic Recovery Act of 2008 included a First -Time Home Buyer Tax Credit. The tax credit is available for first-time home buyers only. It is a refundable tax credit equal to the lesser of 10% of the purchase price of a principal residence or $7,500 ($3,750 for married individuals filing separately). The maximum credit amount is $7,500. The credit is available for homes purchased
Read more: First Time

The Richmond Real Estate Market
2008-10-31 11:34:00
Are you scared to buy now because of all the media reports on the real estate market? Well, things are much better in Richmond than most of the rest of the country. As you can see below, our average sales price in the greater Richmond area (city of Richmond, counties of Henrico, Hanover, Goochland, Chesterfield and Powhatan) has gone up 60.22% since 2002 and has only dropped slightly this year.
Read more: Estate , Market , Real Estate

Access to the James River like you never knew you could afford.
2008-10-31 10:23:00
Living in Richmond with the beautiful James River running through it offers a unique dimension to the quality of life here. I always find a long walk along the James River to be a most relaxing time. I have thought how wonderful it would be to have private access to just a little piece of the River, but thought that it would be just way too expensive. . . then I found Traylor Estates! Traylor
Read more: Access , afford

Downtown Richmond & Shockoe
2008-10-24 11:37:00
Downtown Richmond and the Shockoe neighborhood offer a different style of historic home living—one that has become increasingly popular among those who prefer to live with dining, entertainment and all the city’s attractions right at their doorsteps. The neighborhood of Shockoe—so named from the Powhatan word for the area prior to Colonial times—was originally the city’s manufacturing c
Read more: Downtown

Richmond’s Museum District Neighborhood
2008-10-24 11:36:00
Richmond’s Museum District is one of the city’s most diverse neighborhoods in terms of historic homes and architecture; the entire district is listed on the National Register of Historic Places and offers a variety of residential options, including brick row houses, detached townhouses, renovated apartments, condominiums and more. Most Museum District homes were constructed between 1895 and t
Read more: Neighborhood , Richmond

Richmond’s Historic Neighborhoods
2008-10-24 11:34:00
People interested in relocating to Richmond will find that one of the city’s strongest attributes is its many well-established neighborhoods. From quiet tree-lined streets to bustling urban locales, Richmond historic home buyers can pick and choose their ideal setting. Here are just a few examples of the city’s finest historic neighborhoods: Church Hill Richmond’s East End, with its hill


Richmond Historic Homes
2008-10-24 11:33:00
As an important part of the nation’s celebrated heritage, Richmond , VA is a treasure trove of historic homes. Around nearly every corner there is a little piece of the city’s history, whether it be a cozy 1940’s brick bungalow, a renovated warehouse loft, or a grand antebellum estate. Richmond historic homes are as diverse as the city’s population, and span over 200 years of architectura
Read more: Homes

River District Recreation
2008-10-24 09:55:00
Living on “the Rivah” offers more than attractive views and exciting attractions; it also offers great opportunities for outdoor recreation. The James River Park System encompasses over 550 acres of shoreline and islands in the heart of Richmond, and despite its urban location, the park provides a surprising amount of outdoor activities, including boating, renowned fishing, hiking, biking, wi
Read more: District , Recreation

River District Attractions
2008-10-24 09:54:00
In addition to shorter commute times, residents of Richmond’s River District also enjoy unique local retail shopping for everything from books to home furnishings, as well as sampling a myriad of cuisines at more than 80 restaurants, bars, and clubs. For entertainment, some River District attractions include art galleries and historical sites, such as the Artworks Studios & Galleries and th
Read more: Attractions

Richmond, VA Golf Course Properties
2008-10-24 08:47:00
Living the dream in Richmond , VA is easy with the city’s many properties that cater to your lifestyle and your passions. Whether you desire a Richmond waterfront home on the James River or a condominium overlooking your favorite green, the Richmond, VA real estate market has the perfect property for you. Out of Virginia’s nearly 400 golf courses, the Richmond area boasts some of the fin
Read more: Properties

What’s Going on in the National Housing Market? How Did we Get Here?
2008-11-21 15:38:00
To realize how we got where we are now, you have to go back to the late 1990s. We had what has been called “irrational exuberance” with the dot com run-up in the late 1990s and then the dot com bust in the early 2000s. We had the dot com crash and then September 11, 2001 caused another stock market decline. As people took their money out of the stock market, they started throwing it in
Read more: Going , Housing , Market , National

Gibson’s Grill at the National Theatre
2008-11-20 11:50:00
I recently joined a group from the Urban Land Institute, Richmond Chapter, and visited downtown Richmond’s newest dining establishment. ULI had set up to take a tour of my latest condo/hotel project that is happening in the old Miller and Rhoads department store located in the 500 block of East Broad. The group was made up of 50 people all having interest in what is happening in the downtown ar
Read more: Gibson , Grill , National

Start growing your wealth by buying your first home soon.
2008-11-19 14:25:00
If you are just out of college and starting your career, seriously think about buying your first home as soon as you can. Even in the environment we are currently experiencing, you are most likely to hold about 70% of your wealth in real estate during your lifetime. The sooner you start, the sooner you will begin to establish a foundation from which you will be able to grow your wealth. Buying
Read more: Start

Prices are down, but there is hope.
2008-11-18 15:33:00
While the recent slow down in the market has not been great from a business standpoint, it has given me the opportunity to catch up on my market research on both a local and national level. From what I can tell, the short term outlook for the Richmond real estate market is going to be a bit rough, but we can weather this storm. Here are some reasons I am cautiously optimistic: People are s
Read more: Prices

Westover Hills Offers a Wonderful Quality of Life in the City of Richmond
2008-11-17 14:38:00
If you are looking for a charming neighborhood consider Westover Hills . Located in the City of Richmond , MLS Area 60, just south of the James River, this area has some of the most interesting homes, nice restaurants and a great park. The area is easily accessible by the Boulevard Bridge also known as “the Nickel Bridge” as well as Forest Hill Avenue to Semmes Avenue directly to Downtown.
Read more: Offers , Quality , Wonderful

Neighborhoods surrounding the University of Richmond
2008-11-11 14:35:00
As a child, I was always seen tearing through the University of Richmond campus on my beautiful, mustard yellow ten speed bike. I could not wait to get to the lake to fish for sun-colored brim that I wrangled onto the hook with a molded piece of aged cheddar cheese. Ahhhh, those were the days. Today, I still enjoy the campus as I take my own children to walk the winding paths through the woods to


New Homes in the Godwin School District - Falcon Rest & Covey Run
2008-11-11 12:02:00
Many people do not realize that there is new construction in Area 22 close to Godwin High School . Some think that to get a new home in the West End that you must go to Glen Allen in the Nuckols Road corridor where building has exploded over that last several years. Not true! There is new construction South of Broad Street in the West End. Falcon Rest and Covey Run are two subdivisions that sho
Read more: District , Homes

How is the Richmond real estate market doing compared to the rest of the country?
2008-11-07 14:26:00
The Richmond market is typically more conservative than the national market as a whole. Prices rise less and fortunately, they also fall less than many other large markets. The graph below shows real estate prices nationwide. Note that prices were down in 2007 and are expected to be down at least 5% in 2008 before they start recovering in 2009. The graph below shows the average sales price i
Read more: doing

A Fall Tradition in Virginia
2008-11-07 09:38:00
A little over ten years ago, after the birth of my second child, my wife and I moved our young family from the Historic District of Church Hill to the country. We hopped over the land of the suburbs and pushed into the heart of rural Virginia . A land of no stop lights, farm equipment on the roads, large yards and a few neighbors. As the summer months waned the sound of gun shots from target prac
Read more: Tradition

Price is King… and perhaps Condition is Queen.
2008-11-05 16:00:00
Remember the good old days of 2005-2006? List your home on Monday. Hold an open house the following weekend and wait for the multiple offers (all above list price) to come in by Sunday night. Those days are now just a distant memory. The reality of the current market is PRICE IS KING. More than anything, today’s buyers are looking for a “deal” (or should I say “steal”). While t
Read more: Condition , perhaps , Queen

As the Year Comes to an End.....
2008-12-23 11:34:00
As Christmas draws near, I want to take the time to thank all of my past clients and friends for their support this year. My work as President of the Virginia CCIM Chapter was a challenge as we rebuilt from the bottom up to make the chapter a more sustainable entity that will benefit past/current/future CCIM's. Those who are CCIM's know that it takes more than just putting a piece of paper in fr


Reverse mortgage… Is it right for you?
2008-12-22 11:57:00
When I first heard of reverse mortgages, the thought of such a product made me cringe. Systematically bleed the equity out of your home! Are you kidding me? Despite my initial disapproval, I kept seeing more and more information and advertisements about this type of loan product so I decided to a bit more research. After careful thought and consideration, I decided that, like most things in li
Read more: Reverse

More Historic Findings in Richmond, VA - Lumpkin's Slave Jail
2008-12-18 14:45:00
I see a lot of Richmond as a REALTOR®, but I don’t always think about what may be buried beneath. The historically significant finding at the site of the Lumpkin’s Slave Jail is just such an example. This week at a presentation of the findings at the archaeological dig in Shockoe Bottom once known as “The Devil’s Half Acre”, Kathleen Kilpatrick, director of the state Department of H


Why Does Using a Buyer's Agent Benefit You as a Purchaser?
2008-12-09 21:54:00
If you are out looking at open houses and walk in and start talking to the nice agent holding that house open, you should know that in most cases, he or she works for the seller of the home. That agent may not be looking out for your best interest. A Buyer ’s Agent is a relatively new role being taken on by real estate agents to negotiate on behalf of their buyer clients. In the past, all a


Condition is a Key Ingredient
2008-12-08 14:52:00
A while back I wrote an article Price is King… and perhaps Condition is Queen. Nothing has changed since then but I wanted to spend a little more time to talk about a home’s condition because behind price, this may be the next most important ingredient necessary to sell your home. Simply put, buyers in the current market are very picky. With so many houses for sale, they have this luxury.
Read more: Ingredient

A Day Trip to Petersburg, Virginia
2008-12-08 10:16:00
Last month I found that I had a Saturday free, in the real estate business this almost never happens, and I spent that Saturday doing a day trip to Petersburg . People around the office had been singing the praises of Petersburg for months and I promised myself that when I had the time I would take a day and go back “home”. I was born in Petersburg in the early 60’s (a time much different tha
Read more: Virginia

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