Home Buying Contracts at Highest Levels Since 2010!!!

In states across the board, people writing contracts to purchase homes rose 2% in January!!!

"Contract signings typically indicate where the housing market is headed." Looks like people are finally beginning to realize this is the time to buy with historically low home prices and interest rates.

http://www2.timesdispatch.com/business/2012/feb/28/tdbiz01-sales-contracts-for-homes-rose-2-percent-i-ar-1720855/

Don't miss out on this opportunity...call me today to buy or sell your next home!!!

MAJOR PRICE REDUCTION - Area 64/Chesterfield

Reeds Hill

11914 Spring Creek DR

Midlothian, VA 23113

From $729,000 to $639,000...READY TO MOVE!!!

http://11914springcreekdr.epropertysites.com/

WOW! This beautiful home offers so much! Custom built by Mike Dumont and located on a lot with nicely matured landscaping.  Very serene setting!!  Home offers 4,364 sq.ft. plus an additional 768 sq.ft. pool house/guest house with resort like swimming pool.  Perfect for a live-in au pair/nanny, housekeeper or overnight guests. There are 4 bedrooms as well as the third floor of home has been finished and includes a full bath.  This area could be used as a 5th bedroom.  There is another bedroom, kitchen and 2 full baths in the guest house.  One bath services the pool guests.  The walk-out basement is bright, finished and opening to a brick patio.  Too many amenities to list here.  Show and sell this competitively priced GEM of a home!  Sellers are GIVING IT AWAY!!!

SOLD!!! Area 62 - Chesterfield

The Grove

567 Coalbrook DR

Midlothian, VA 23114

Listed for $378,900, SOLD in Less than 3 Months!!!

http://567coalbrookdr.epropertysites.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 won't last long.

Call today to Buy or Sell your next home!!!

$6K PRICE REDUCTION - AREA 20/Westhamtpon Condo

Mt. Vernon Condominiums

3721 Patterson AVE

Richmond, VA 23221

New List Price Only $151,900!!!

http://3721pattersonave.epropertysites.com/

Won't Last Long!!! Don't Miss this Great Opportunity to Get in Great Community at Minimal Cost...Cheaper than Renting!!! Call today to set up your appointment!!!

SOLD!!! - Area 22 in Tuckahoe Elementary District

Glen Ridge

8603 Julian RD

Richmond, VA 23229

List Price $215,000

SOLD IN 7 DAYS!!!

http://8603julianrd.epropertysites.com/

Brick Ranch Home in Tuckahoe Elementary School District on Almost 1/2 Acre Lot. Quaint, Well Maintained Street. Nice Mature Landscaping. Home Has Great Flow! Paved, 2 Car Wide Driveway. New Roof. New Electric Hot Water Heater. New 2-Zone Central Air with Heat Pump. All New Ductwork. Refinished HW Floors Throughout. Custom Painted Throughout. Vinyl Windows. Three Spacious Bedrooms with Great Closet Space. Huge Living Room. Spacious Eat In Kitchen. Great Room/Sunken Den with Carpet and Outdoor Access to Front and Back, Great for Entertaining. Separate Laundry Room. Two Wood Burning Fireplaces. Private Patio Out Back with Fully Fenced Back Yard. Large Detached Storage Shed with Electricity. Great Location, Great Price, Great Home...Don't Miss this Opportunity!!!  

Call me today to BUY OR SELL your next home!!!

Positive Trends in the Real Estate Market Continue!!!

U.S. existing home sales rose to it's highest level since May of 2010, a time when our markets were driven by government incentives. 

"A strengthening job market, combined with record affordability driven by low home prices and mortgage rates" have been a recipe for improvement in the housing industry.

Although an influx of foreclosure properties have saturated markets and embody the potential to further hinder the nations housing market recovery, we are getting back to a more normal market and are seeing continued signs for stability and growth in the coming months.


http://www.bloomberg.com/news/2012-02-22/sales-of-previously-owned-u-s-homes-increase-to-4-57-million-annual-rate.html


Don't look back a few years from now and wish you had taken advantage of the wonderful opportunities available today; historically low interest rates and home values won't last forever and woulda, coulda, shoulda is a horrible feeling...

If you have any interest in buying or selling your next home, OR you would like more information about the process, OR just have questions, please don't hesitate to let me know!!!!

NEW LISTING - Tuckahoe Elementary!!!

Glen Ridge

8603 Julian RD

Richmond, VA 23229

Only $215,000

http://8603julianrd.epropertysites.com

Brick Ranch Home in Tuckahoe Elementary School District on Almost 1/2 Acre Lot. Quaint, Well Maintained Street. Nice Mature Landscaping. Home Has Great Flow! Paved, 2 Car Wide Driveway. New Roof. New Electric Hot Water Heater. New 2-Zone Central Air with Heat Pump. All New Ductwork. Refinished HW Floors Throughout. Custom Painted Throughout. Vinyl Windows. Three Spacious Bedrooms with Great Closet Space. Huge Living Room. Spacious Eat In Kitchen. Great Room/Sunken Den with Carpet and Outdoor Access to Front and Back, Great for Entertaining. Separate Laundry Room. Two Wood Burning Fireplaces. Private Patio Out Back with Fully Fenced Back Yard. Large Detached Storage Shed with Electricity. Great Location, Great Price, Great Home...Don't Miss this Opportunity!!!  

(Directions: West on Patterson AVE, Left on Glendale DR, First Right on Julian RD...Home is ahead on your Left)...Home will not last long, call today to set up your showing!!!

Housing Market Showing Signs of Recovery...

A panel of Real Estate experts spoke positively at a forum presented by the Virginia Association of Realtors yesterday, regarding the direction our real estate market is headed. Although there remains an influx of distressed property in the marketplace, it looks like we are close to the bottom if not there already.

"With housing prices stabalized and interest rates at historic lows, this really is the time to buy a house." 

http://www2.timesdispatch.com/business/business/2012/feb/16/tdbiz01-housing-market-showing-signs-of-recovery-ar-1692506/

If you are in the market to buy or sell a home, give me a call today!

MAJOR PRICE REDUCTION - West End Townhome (Area 34)

Pemberton Oakes Townhouses

2908 Queensland DR

Henrico, VA 23294

New List Price $171,900

http://2908queenslanddr.epropertysites.com/

Don't miss this opportunity to own a great unit in fabulous Pemberton Oaks Townhome Community...Major price reduction to get it gone!!! Call me with questions or to set up your showing today!!!

New Healthcare Bill & Real Estate Tax

There has been a lot of buzz regarding the new Real Estate Tax implemented by the current administration's health care reform. The NAR (National Association of Realtors) is attempting to repeal this legistlation, although an overturn is highly unlikely under current rule.

There have been various versions of the bill going around, so please take a look at the link I have provided below from the NAR website for an accurate depiction of what is going on and how it could affect you or those you know.

http://speakingofrealestate.blogs.realtor.org/2010/11/24/the-3-8-tax-is-not-a-real-estate-transfer-tax/

If I can answer any questions, don't hesitate to let me know!

OPEN HOUSE, Super Bowl Sunday 1-4pm - Westhampton Condos

Mount Vernon Condominiums (Corner of Patterson AVE & N. Hamilton ST)

3721 Patterson AVE & 705 N. Hamilton ST, Unit A

Richmond, VA 23221

http://705nhamiltonstunita.epropertysites.com/  ($165,000)

http://3721pattersonave.epropertysites.com/ ($157,900)

Come on by before the game and check out these two great units priced to SELL!!!

SOLD in 1 Day!!! - Westhampton Ranch, (Area, 20)

12 Libbie AVE

Richmond, VA 23226

Listed for $167,000

Three Bedroom, One Bath Ranch in Popular Westhampton Area between Cary ST & Grove AVE. Walking Distance to Shops & Restuarants at Libbie & Grove and Schools.  SOLD First Day on Market Over Asking Price!!!

Call Me Today to Buy or Sell Your Next Home!!!