Archive for June, 2010
June 14th, 2010
Homebuyer Tip: Look Past Paint!
When buying a Richmond area home don’t worry about the paint color! It’s an easy fix and change. Most experienced homebuyers realize this, but many new or first time homebuyers sometimes get caught up in wall colors and other aesthetic features which can be easily changed. Check out this clip from HGTV’s Property Virgins. Good advice!
Looking for more great tips when buying a Richmond area home? Our Buyer’s Agents at Skye Bruce Properties are Accredited Buyers Agents and are experts at helping people through the home purchase process. They know Richmond and give critical advice and support to get you in a great home at a great price. Contact Skye Bruce Properties!
June 12th, 2010
SUMMER HOME TOUR!
Each summer Skye Bruce Properties has a special event called the SUMMER HOME TOUR! This week we are kicking off the event featuring 3 great Open Houses on Sunday! Check out our “listings page” for details by clicking HERE! Be on the lookout for more great Open Houses throughout the summer and look for Skye Bruce Properties at summer events and festivals throughout the Richmond area! Thinking of buying or selling Richmond area real estate? Nobody helps people buy and sell homes like Skye Bruce Properties! Contact us today!
June 7th, 2010
Richmond Housing Shortage?
Lawrence Yun, the Chief economist for the National Association of REALTORS wrote this interesting article about a possible housing shortage in the future. The lesson to keep in mind is that the real estate market is very cyclical with regards to inventory, pricing etc. Believe it or not there is actually a shortage of homes on the market in some Richmond neighborhoods and while it will still take some time for the market to completely rebound as a whole, we are experiencing a real estate recovery.
In the current market, the idea of a housing shortage may be hard to accept. There are simply too many For Sale signs and delinquent mortgages threatening to turn into foreclosures to make a housing shortage seem like a serious possibility. Read the rest of this entry »
June 2nd, 2010
Pending home sales rise 6.7 percent
Biggest monthly jump in more than seven years may signal slump is ending!
WASHINGTON – The number of U.S. homebuyers who agreed to purchase a previously occupied home in April posted the largest monthly jump in more than seven years, a sign that sales are finally coming to life after a long and painful slump.
The National Association of Realtors said Tuesday its seasonally adjusted index of sales contracts signed in April surged 6.7 percent to 90.3, far exceeding analysts’ forecasts. It was the biggest monthly jump since October 2001, when pending sales rose 9.2 percent. Read the rest of this entry »
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