Sharp Rise in Foreclosures as Banks Move In
MSNBC published an article today “Sharp Rise in Foreclosures as Banks Move In” http://www.msnbc.msn.com/id/44885991/ns/business-real_estate/. As is customary in most national news articles lately, no mention of the short sale option is made. A homeowner, who is too ashamed or feels too harrassed by the collection calls, avoids talking to their lender. They often believe there are no options. Here’s [...]
Richmond Real Estate Trends 2006-2011
The graphic above shows richmond real estate trends including Richmond Homes Available for Sale ( Or Inventory) vs. actual Closed Sales in the Richmond, Virginia real estate market from 2006 through 2011. As you can see at the height of the real estate boom in 2006 actual Closed Sales outpaced Available Inventory by a wide [...]
Richmond Real Estate, FREE Search of Homes for Sale in Richmond, Va
If you are looking for information on Richmond Real Estate, then you have found an excellent source. This website offers access to complete search feature which allows you to search the entire Central Virginia MLS, which offers access to all active Listings for Sale in the Richmond, Virginia area. This search feature allows users to [...]
The Fan District – Area 10
Fan District Real Estate Trends and Sales Data The Fan is a district of Richmond, Virginia, so named because of the “fan” shape of the array of streets that extend west from Belvidere Street, on the eastern edge of Monroe Park, westward to the Boulevard. (Though the streets rapidly resemble a grid after moving through [...]
CENTRAL VIRGINIA AREA HOUSING MARKET ANALYSIS
SUMMARY OF THE CENTRAL VIRGINIA AREA HOUSING MARKET ANALYSIS 1st Quarter 2011 National and Local Economic Overview The national economy continued to show strength by several measures as 2011 has begun, and the Central Virginia region appears to be gaining some economic momentum as well. At the national level, the economy would be gaining even [...]
First Time Homebuyer Grant Money available in Richmond, VA
The FHLB grant program for lower income first time homebuyers. This program provides a 4 to 1 matching subsidy for borrower’s own funds up to $7,500 per qualified borrower. Program details are below: · 4 to 1 matching funds up to $7,500K. For example, a borrower who uses $1,875 of their own funds can be [...]
Snipes Properties helps investor bring rehab project to life.
Here is a great article about our Snipes Properties’ Investor Services group finding a great project for one of our clients. Our team identified the project for our client, helped him partner with a local general contractor, Monument Construction and then our team is handling full lease-up including both the commercial and residential component. SEE [...]
David Cochran – Residential Real Estate Appraiser
David Cochran is a Residential Real Estate Appraiser based in Richmond, VA. We have used his services and recommend him to our clients. He is fast, knowledgeable and fairly priced. Clients who need a residential appraiser might include: Mortgage lenders, mortgage brokers and originators: We are experts in providing mortgage appraisals on real estate in [...]
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 [...]
Snipes Properties featured in Richmond BizSense
Nice article about Snipes Properties in today’s Richmond BizSense. click here. Article talks about our new office and our growth efforts for 2011.
