Richmond Home Shopper

Neighborhood Spotlight: Twin Hickory

Twin Hickory is a master planned community of about 1400 homes just off I-295 and Nuckols Road in western Henrico County. Twin Hickory is made up of unique neighborhoods and includes single-family homes, townhomes, and condominium homes. The community was developed by HHHunt, the same developer of master planned communities Wellsley and Wyndham.

Numerous amenities make living in Twin Hickory an incredible experience. The development includes Twin Hickory Town Center with shops, restaurants, a grocery store and is close to Downtown Short Pump, Short Pump Town Center and the newly developed West Broad Village. There is a beautiful community pool and tennis courts, a Henrico County Public Library, the Shady Grove YMCA, Twin Hickory Elementary School, Deep Run High School and other amenities which are accessible from a a network of sidewalks and paths. Twin Hickory offers a lot to its residents and is a great place to raise a family! Read the rest of this entry »

Tacky Lights and Richmond Real Estate

It’s that time of the year!  Santa Claus’ outside Walmart ringing the bell, tree’s being sold about every 1/2 mile on Broad Street, even stop lights flash a bright red and green.  Wasn’t that in a song?  Seriously though the holidays are upon us and are a time for family, celebration, good cheer and yes, decorating.

 The decorating part can be a challenge if you are trying to sell your home.  While holiday decorating is fun and festive, too much can leave buyers unable to picture themselves at home in your house.  Not really the feedback you want to hear from prospective buyers. Also not everyone has the same beliefs and customs that you do. Remember when you are trying to sell a home you want to appeal to the masses, including homebuyers that do not observe Christmas. Read the rest of this entry »

Richmond Short Sales Will Get Easier!

The U.S. Treasury Department on Monday released a plan to speed up and encourage Short Sales as a means to help families avoid foreclosure. We’ve been offering Short Sale proposals to public officials for over a year, and although the new guidelines aren’t everything we were hoping for, they do represent a significant improvement over the current situation.

Short Sales have been difficult to close, and these new measures are a huge step in the right direction. One major highlight: A lender must give a yes or no answer to an offer within 10 days. Also included: a moving allowance, incentives for sellers and lenders, commission rules, and a stipulation that releases sellers from debt liabilities.  Here’s an initial Reuters news story outlining the new policies. Read the rest of this entry »

Richmond, U.S. Home Sales Rising!

Good news for the Richmond area real estate market!  Sales rose more than 32% in October, year over year.  992 homes were sold in October in Central Virginia compared to 749 homes in October of 2008.

Nationwide home sales surged for the second month in a row in October, climbing to the highest level in 2 1/2 years as first-time buyers rushed to take advantage of an expiring tax credit. Home sales nationwide are now up nearly 36 percent from their bottom in January, data Monday showed, though they are still 16 percent below the peak in autumn 2005.  At the current sales pace, there is only a 7-month supply of homes on the market. Read the rest of this entry »

Trading Up To A Larger Richmond Home

How in the world are we going to do this, you’re asking. It’s time to move up, finding a bigger home in the Richmond area is something that’s a necessity now and you’re not quite sure where to start. Your home, when you bought it was the right place and had all that you needed at the time. It was economical, was in a great location, had good schools and carried a low cost, all of which you needed as a new family just starting out.

Your needs, like your family, have undergone a many changes. The family is larger now, the business has grown and you need more space to grow and evolve. Your feeling of cozy has gone to the need for more space, a room for that home office and probably a larger space for entertaining, along with more room for the children to spread out and have their own work space in their rooms. There just is not enough room to go around and you absolutely all agree that its time to move up. Finding a bigger home isn’t always an easy task and certainly moving isn’t any picnic, but you have decided it’s time to do it and take advantage of the current buyer’s market. Read the rest of this entry »

Golf Course Living in Richmond

Golf course living in Richmond is all about peaceful life in the luxury of lush greens. Buying a home in a golf course community is really special and exclusive. Golf communities provide enjoyment of your favorite past-time along with security and comfort.

Golf communities offer the best variety of amenities, including golf courses, swimming pools, tennis courts, and more. A well constructed luxurious golf community is a dream come true for many new home buyers, seeking a peaceful environment away from the commotions of the city. You don’t have to even play golf to live in this type of a community, if all that appeals to you is the beautiful surroundings of a golf course.

A wide range of Richmond area homebuyers show interest in golf course communities. Many young families move into a golf community because they seek a peaceful atmosphere and a beautiful home to enjoy while away from work, while many older couples choose golf course community living for retirement. Read the rest of this entry »

$6,500 Move-Up and Repeat Homebuyer Tax Credit at a Glance

New Tax Credits Provide Outstanding Opportunities for Repeat Homebuyers Looking To Move Up!

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $6,500 for qualified repeat home buyers purchasing a principal residence. Here are the details for the $6,500 Move-Up & Repeat Home Buyer Tax Credit at a Glance… Read the rest of this entry »

$8,000 First-Time Homebuyer Tax Credit at a Glance

New Tax Credits Provide Outstanding Opportunities for First Time Homebuyers!

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.  Here are the details for the $8,000 First-time Home Buyer Tax Credit at a Glance… Read the rest of this entry »

Homebuyer Tax Credit Extended!

President and Congress Also Expand Tax Credit!

Congress and the President wants more people to buy homes, so it’s extending and expanding a tax credit program set to expire in just a few weeks. Missed out on Cash for Clunkers? Congress has another deal for you: buy a home before May 1 and cut your tax bill. It’s all part of the government effort to help the struggling housing industry. Since January, first-time home buyers have been getting tax credits of up to $8,000 as part of the economic stimulus package.

The tax credit did help boost sales, just like Cash for Clunkers got people to buy new cars. The industry estimates 350,000 buyers would not have purchased their homes without the credit. But that credit was due to expire at the end of November. Congress agreed to extend it into the spring and to expand it to many people who already own homes. Read the rest of this entry »

Is It Time To Buy Richmond Real Estate?

If you’re looking at homes for sale in the Richmond area and are waiting around for “the deal of a lifetime”, you might want to rethink your strategy.  If you’re a Richmond real estate market watcher and trying to digest all the information through the news media and websites, you’re probably overwhelmed with confusion by now wondering where is the bottom of the market. Is the Richmond real estate market improving or still going down? Read the rest of this entry »