Real Estate - The Time To Buy Is Now!

http://www2.timesdispatch.com/business/2011/apr/07/TDBIZ03-home-prices-in-richmond-area-hit-new-lows-ar-955947/

Home prices in Richmond are back to 2004 levels, new lows for the area. On a positive note, it shows a resiliant Richmond market that flat lined moreso, than a sharp decline like many other markets around the country.

Much of what has sold in the first quarter this year have been Foreclosures, as the banks are finally starting to get their inventory on the market. "While our prices are down, that's to be expected given that a large part of what is moving are the distressed properties with lower prices," said Laura Lafayette, chief executive officer of the Richmond Association of Realtors.

The time to buy is now! Take advantage of this double dip...with depressed home values and distressed inventory, coupled with low interest rates, there is an influx of property on the market that are excellent deals...give me a call to help you find your deal today!