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MILLER and RHOADS Alive Again!
What a refreshing news story in the Monday business section of the Richmond Times Dispatch! The story outlined the new hotel and condo project in the old MILLER & RHOADS Department Store building. Of late it seems like most stories of businesses, real estate, etc. are full of doom and gloom, but this story made me feel good. As a native Richmonder it was always a little sad to drive past the closed MILLER & RHOADS Department Store. Like many Richmonders the store took me back to my childhood with very fond memories of visiting Santa, having lunch in the Tea Room and experiencing “Downtown”. I am really looking forward to checking out the “New MILLER & RHODES”! Read the rest of this entry »
Spotlight on Ginter Park
Last weekend my wife and I headed over to the Bellevue area of Ginter Park for dinner at TasteBuds on MacArthur Ave. Dinner was great and as we left we commented (as we always do when we venture to “Northside”) what a cool, hidden gem this area is. I couldn’t help but knock out a quick article about the area to let the cat out of the bag. Read the rest of this entry »
Don’t Overlook Neighborhood Issues When Buying A Richmond Home
When buying a home in the Richmond area, don’t overlook these important neighborhood issues: quality of schools, traffic noise, upcoming zoning issues, neighborhood stability, home turnover, crime levels and the presence of any sex offenders. Just about all these issues can be researched online from the comfort of your home. This is also where a quality REALTOR can assist. Sometimes there is a reason for a “great deal” on a property and the reason can make a purchase a bad investment if there is a negative neighborhood issue.
Buying a home soon in the Richmond area real estate market? RichmondHomeShopper.com has a dedicated team of Accredited Buyers Representatives to serve our clients through our exclusive REALTORS, Skye Bruce Properties. Our team is made up of EXPERTS at representing people in the purchase of a home. They follow a proven Home Buying System when assisting clients. It is a low stress, information driven and organized Home Buying System THAT WORKS! Our dedicated Buyer’s Agents are always committed to best position our clients to purchase a home at the best price and terms, with the best financing and they offer the best real estate representation available. Contact Skye Bruce Properties today!
$1,000,000+ Richmond Homes Sold!
What will $1,000,000 buy you in the Richmond area? Well in December five homes sold for more than $1,000,000 sold in the Richmond area. (Richmond, Chesterfield, Hanover, Henrico, Goochland, Powhatan) Here is what was reported sold in December by the Central Virginia Regional Multiple Listing Service for over $1,000,000:
- A 3BR/2.5BA, 3630 SQ FT Home on 97 acres in Goochland sold for $1,800,000!
- A 5BR/6.5BA, 6450 SQ FT Home on .77 acres in Chesterfield sold for $1,475,191!
- A 6BR/6.5BA, 9300 SQ FT Home on 3.1 acres in Chesterfield sold for $1,200,000!
- A 6BR/6.5BA, 7848 SQ FT Home on 5.03 acres in Goochland sold for $1,185,000!
- A 5BR/5.5BA, 6900 SQ FT Home in Powhatan County sold for $1,150,000! Read the rest of this entry »
Cash Gives You An Edge When Buying Richmond Real Estate
In these difficult and challenging times cash can give you an edge in buying a home. Cash, equtes to more buying clout now in these tough financial times. In the past, people have sought out more liquid investments for their cash on hand and grab an easy to get low interest mortgage. Today with the equity markets depressed at the same time that mortgage lending has tightened the tables have turned. Those wielding ready cash in a recession are always ahead of the game. Having cash gives you a leg up in securing better terms for your mortgage and in negotiating with sellers. Sellers that know you are well qualified will spend much more time negotiating because you will be viewed as serious buyer. Read the rest of this entry »
Curb Appeal Matters When Selling!
Don’t underestimate the importance of curb appeal when selling your Richmond home. Not only is there an acute price war going on out there, there’s also a beauty contest being staged. Richmond has many great looking homes on the market all over town. You may be strategically located in a quiet cul-de-sac near great schools, great health care facilities and fabulous shopping, and you may have easy highway access for that morning commute, but unless your exterior is well coiffed and in sparkling condition, other offerings will outshine it. If your home’s outside doesn’t pass the drive by test, the interior won’t, because it will not be viewed by serious buyers, who are already off to view the next Richmond home on their list.
Click here for a Curb Appeal Before and After Slide Show from HGTV!
Biggest Real Estate Myths (Today Show)
TODAY SHOW real estate contributor Barbara Corcoran did a segment on Tuesday with Matt Lauer about real estate myths. We don’t always agree with Barbara because sometimes her opinion and views are influenced tooheavily by the New York metro real estate market which don’t always equate to the reality of the Richmond market. In this case however we thought the segment was pretty good and worth sharing with our readers. Below is the video segment followed by the text.What’s going on in the Richmond real estate market? Click here to get a MARKET SNAPSHOT!
CLICK HERE FOR TODAY SHOW REAL ESTATE MYTH VIDEO>>>>>
Today Show Exclusive from Barbara Corcoran: The truth about the housing market. In today’s uncertain market, fear runs rampant on both the buying and selling sides of the fence. Many myths need debunking. Here are five untruths held by buyers, and five held by sellers. Read the rest of this entry »
Price Your Home Right From The Start!
Even in the relatively stable Richmond Virginia real estate market, don’t start out too high just to test the waters. Your backup plan of adjusting on the fly may prove futile. Keep that window of opportunity open from the first time the for-sale sign appears on your lawn. The first 30 days a home is on the market are when it gets the most attention from potential buyers and their agents. Read the rest of this entry »
State Of The Union Address 2009 for Richmond Real Estate
In Richmond, Virginia residential real estate, 2009 arrives much the same way that 2008 did: via a rocky road with deepening potholes. While more homebuyers are swooping in and picking up great deals in Central Virginia, the ongoing excess inventory of homes (around 9 months worth at last check) continues to soften the market.
While potential Richmond home buyers are getting very low mortgage rates, they also are facing much tighter credit standards and demands for significantly larger down payments. And we have barely started to feel the financial fallout from adjustable rate mortgages, slated to ratchet up in 2009. Read the rest of this entry »
Moving To Richmond Made Easy!
How to move to Richmond and feel at home right away.
(ARA) – Moving to a new community like Richmond, Virginia can be a great adventure, if you go with the right attitude and a sound strategy for settling in. Make an action plan and you’ll stay focused, organized and proactive — just what’s needed to put roots down fast. Read the rest of this entry »








