richmond housing market: Richmond, VA - Foreclosures offer opportunities for cautious buyers - 12/12/08 11:48 AM
Foreclosures offer opportunities for cautious buyers - by Ryan Nobles, WWBT NBC 12
RICHMOND, VA (NBC12) - New numbers released show more foreclosures on the market in Virginia. While the idea of purchasing a home that generally goes for a cheaper price sounds enticing, it does have its risks. According to the agency, Realty-Trac, Virginia foreclosures are up 121 percent since this time last year. But, before you run out in search of a great deal, take a deep breath, and do your homework.
In any market, the goal is to buy low and to sell high. It is low prices that make … (3 comments)

richmond housing market: Zillow.com Joins Forces with Newspapers; Richmond Times-Dispatch is One of the First. - 06/24/08 02:53 PM
Zillow - heard of it? 
If not, you're definitely still in the stone age when it comes to advertising your listings on the Internet.  You should already know that according to NAR (http://www.realtor.org/library/library/fg006) 81% of buyers are using the Internet to search for homes (and that number has been and will be increasing every year), and the more we know about how our prospects are finding us and real estate, the better off we will be.  However, if you still use the "old way" of advertising your listings in the real estate or classified section of the newspaper, Zillow has a new deal for you.
Zillow.com has … (1 comments)

richmond housing market: Richmond Makes the Short List for Home Bargains - 02/11/08 10:24 PM
It's a great time to live in Richmond!
I was pleasantly surprised to see that Richmond is among the top 10 metropolitan areas in the U.S. to find a real estate bargain.  According to Realtor.org and Forbes, these metropolitan areas are "...markets where the damage from risky lending hasn't been as dramatic as in some parts of the country and where employment growth will burn off an over-abundance of inventory quickly."  With Richmond's growing inventory of unsold homes, Richmonders who are trying to sell are having to price their homes more competitively.  Since rates low and there is plenty of inventory to choose from, this recipe makes for a great time to buy real estate in … (2 comments)

 
Phil Victor, Richmond, Virginia Homes, Real Estate & Property Management (Top Tier Properties)

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