Richmond Real Estate "Racket": December 2011

Tuesday, December 20, 2011

Lower Housing Inventory & Prices Are On the Rise

Dave Stevens, CEO of the MBA of America and former FHA Commissioner, spoke recently in Richmond. He addressed the inventory levels in housing and the huge Echo boomer generation of buyers that is coming of age.
There are some signs of bright spots out there! And a bullish future. The attached Wall Street Journal article looks like we are taking a step in the right direction.

http://blogs.wsj.com/developments/2011/12/20/already-low-housing-inventory-drops-more/

Wishing everyone a very merry Christmas and all the best in 2012!

Thursday, December 15, 2011

Westover Hills - SOLD

4714 Sylvan RD

Richmond, VA 23225

$255,000

Quaint, 1930's Cottage in Heart of Westover Hills! Tons of Old Richmond Charm...Open First Floor and Updated Throughout. Arched Doorways, Gorgeous HW & Pine Floors, Tall Ceilings, Plantation Shutters, Tons of Natural Light, and Finished Upstairs...Great Renovation Retaining Vintage Character and Integrity. Mature Landscaping and Privacy Galore. Great Home For Entertaining. Rear Ally and Detached One Car Garage. SOLD!!!

Call Today to Buy or Sell Your Next Home!

Friday, December 9, 2011

Positive Predictions for 2012 Housing Market

Barclays analyst sees housing rebound coming in 2012

http://www.housingwire.com/2011/12/05/barclays-analyst-sees-housing-rebound-coming-in-2012?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29

Wednesday, December 7, 2011

New Listing - (Chesterfield - Area 62)

The Grove

567 Coalbrook DR

Midlothian, VA 23114

$378,900

Property Website: http://567coalbrookdr.epropertysites.com/

Virtual Tour: http://567coalbrookdr.eproptours.com/

Stunning one owner home recently decorated and is loaded with many upgrades. First floor office with French doors, vaulted family room, wonderful kitchen/gas stove and two pantries, banquet dining room, tray ceiling and formal living room. Four large bedrooms plus a children room on the second floor with three full baths, master suite is to die for with water closet and jetted tub. Home is decked out with heavy mouldings, upgraded 42" cabinets, transoms, screened porch and huge adjacent deck, also large amount of storage area under home in high crawl area. Yard is professionally maintained with irrigation throughout. Great floor plan and home is a must see!