Market Conditions in Richmond County : Questions & Answers

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Jason Burford, Real Estate Pro in Richmond, VA
Jason Burford answered:
Is this home in Richmond City Limits?
No henrico county. Not in the city.
0 votes Share Flag Fri Mar 29, 2013 Market Conditions in Richmond
Sean L Craft, Real Estate Pro in 23222
Sean L Craft answered:
How much do it cost to rent a two bed room?
Rental prices are based mainly on square footage, amenities, and location. It would be very difficult to give you a price but I would say the average range is about 750-1500. I would ... more
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in Richmond
Bridget Hodg…, Real Estate Pro in Richmond, VA
Bridget Hodgson answered:
Does this porperty have a HOA fee?
Hi Joe,
This property is a condominium - so yes there would be an association. There would not be an additional HOA for that area of town, as it is not in a development, or closed comm ... more
0 votes Share Flag Wed Jan 9, 2013 Market Conditions in Jackson Ward
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Has the market value gone back up on this property and do I have any equity in it
You will have to identify the property, if you want anyone to analyze it.
0 votes Share Flag Wed May 23, 2012 Market Conditions in Richmond
Phyllis Smith, Real Estate Pro in Mechanicsville, VA
Phyllis Smith answered:
WHAT IS THE MARKET CONDITION?
The market is doing well. Home prices and rates are low!!! There are so many fabulous deals out there just waiting for the "right" buyer. Spring time is the busiest time of the year f ... more
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in Piney Knolls
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We own several residential rental properties in Richmond and are having trouble attracting tenants who can pay monthly rent. Ant ideas?
Consider taking Section 8 renters (if you don't already). Some investors love them; others have had bad experiences with them. But it's something to at least consider.

Offe ... more
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in Richmond
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
what is the average number of days on the market in the Chesterfield area of Richmond in EACH of the last three years? in Richmond overall?
In Chesterfield the average DOM for 2008 - 76.31, 2009 - 74.25, 2010 - 75.43, 2011 - 80.04

Richmond overall - DOM 2008- 67.41, 2009 - 85.53, 2010 - 64.73, 2011 71.02

You know that ... more
0 votes Share Flag Thu Jun 9, 2011 Market Conditions in Richmond
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
With the upcoming mid-term elections on Tuesday, do you feel that the outcome of those elections will affect the housing industry in any way?
No., I don't.

Of course, the elections are important, and of course, every pundit wants eyeball time which leads to more outlandish commentary, but the housing market isn't ... more
0 votes Share Flag Wed Nov 3, 2010 Market Conditions in Richmond
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
What is the percentage change (or total dollar change) in median home price in Richmond from February 2006 to February 2010?
Jim861,

The median price for the Richmond and surrounding areas in 2006 was $253,083. The median price for the Richmond and surrounding areas in 2009-2010 present is $224,529. That ... more
0 votes Share Flag Fri May 21, 2010 Market Conditions in Richmond
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Will any form of Healtcare pass in 2010 and will it help or harm our Economy?
Will any form of health care pass in 2010?

It's anyone's guess, but I'd guess yes. Not a broad, all-encompassing bill, but bits and pieces that Democrats and Republica ... more
0 votes Share Flag Mon Feb 15, 2010 Market Conditions in Northern Barton Heights
Susan Fisher, Real Estate Pro in Richmond, VA
Susan Fisher answered:
For Richmond VA - Are short sales happening or do most properties go to foreclosure?
Short sales are definitely happening in Richmond, in addition to foreclosures. All of these are special situations and needed to be approached individually. Representation by a profes ... more
0 votes Share Flag Fri Feb 22, 2013 Market Conditions in Richmond
Pat and Steve…, Real Estate Pro in Westlake, OH
Pat and Steve Pribisko answered:
Is a late summer, early fall pick up possible/probable?
In OH, in the Greater Cleveland Metropolitan Area, we are starting to see a stabilizing of the market prices. As you said you are reasonable & not expecting the price inflation of 2005 ... more
0 votes Share Flag Fri Jul 17, 2009 Market Conditions in Richmond
Barbara A. R…, Real Estate Pro in 23233
Barbara A. Reagan answered:
This concerns Chesterfield County, VA.......
Hello, Ann,

You can certainly contact the Richmond Association of Realtors at 804-422-5000 and they should be able to direct you to whoever you need to speak to regarding the sales i ... more
0 votes Share Flag Fri Jan 9, 2009 Market Conditions in Richmond
Barbara A. R…, Real Estate Pro in 23233
Barbara A. Reagan answered:
Are buyers getting cold feet in Richmond and not closing on signed contracts?
Hello, Elinor,

I cannot speak for the entire market, just the buyers & sellers that I am working with. Whenever you do hear information like this on networks like CNN, they are real ... more
0 votes Share Flag Sat Oct 11, 2008 Market Conditions in Richmond
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Amateur question ahead --> Do you think current housing prices will drop more than 10-15% over the next year?
No your question is not amateur even the media asks the same. Realtors dont know the answers with gas prices increasing, foreclosures on the rise, interest rates could increase, diffic ... more
0 votes Share Flag Mon Aug 4, 2008 Market Conditions in Richmond, VA
Mohamed Mekh…, Real Estate Pro in Richmond, VA
Mohamed Mekhimar answered:
What is happening in the Carver area - rennovated homes going for 220-250 bought a year ago for under 100K.?
Total renovation Homes is good ivestment!
0 votes Share Flag Mon Jun 28, 2010 Market Conditions in 23220
Mark Goad, Real Estate Pro in Richmond, VA
Mark Goad answered:
Fan Single Family Market?
Hey there, Dylan -

My professional opinion is that the Fan District has already seen the "bottom." It did take some hits on pricing over the last year and a half, as most highly-acc ... more
0 votes Share Flag Thu Jul 23, 2009 Market Conditions in The Fan
Mohamed Mekh…, Real Estate Pro in Richmond, VA
Mohamed Mekhimar answered:
Are townhouses/duplexes in the VCU area a good investment? Is there anything in the 200-250K price range?
Yes, townhouse, Condo and duplexes are good investment.
Yes, you can find properties in the 200-250K price range.
0 votes Share Flag Fri Apr 11, 2008 Market Conditions in VCU, Richmond, VA
Mohamed Mekh…, Real Estate Pro in Richmond, VA
Mohamed Mekhimar answered:
Are townhouses/duplexes in the VCU area a good investment? Is there anything in the 200-250K price range?
Yes, townhouse, Condo and duplexes are good investment.
Yes, you can find properties in the 200-250K price range.
0 votes Share Flag Wed May 7, 2008 Market Conditions in VCU, Richmond, VA
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