Fan District and Museum District home prices are rising! Richmond, Va up 4.8%!
This annual report put out by Zillow.com, one of the nations largest real estate websites, shows prices for certain Richmond, VA areas including The Fan District and The Museum District have risen since last year. I think bodes well for the overall Richmond market, it means that high demand areas have held steady and other areas will start to follow. Typically, the most sought after neighbors start to rise first when a housing turnaround begins. It looks like a turn around in the Richmond, Virginia Real Estate market is happening. If 2011 shapes up to have a strong spring/ summer market then it could signal stronger growth ahead. Now Zillow is not the only group that tracks home prices, but it is a good sign for Richmond, Virginia sellers, because home prices and values are starting to go up.
ZILLOW RICHMOND HOME PRICES AND VALUES REPORT
If you have questions about this real estate report or if you have questions about any richmond real estate related topics please email Carter Snipes at Carter@SnipesProperties.com
The Good news is starting to show in the data, but some sellers out there are still upside down!