Richmond Real Estate News
Real Estate news for Richmond, VA continually updated from thousands of sources.
Thursday | via Mortgage News Daily
Bottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news. Economist Tom Lawler sent me the table below of short sales, foreclosures and all cash sales for selected cities in May. On distressed: Total "distressed" share is down year-over-year in all of these markets. Comment?
Wednesday Jun 22 | via Natl. Relocation & Real Estate
As homebuyer demand continues, May saw a 10.3 percent jump in sales over April and a 5.1 percent increase over May last year, which is slightly higher than the average year-over-year sales increase of 4.5 percent so far in 2016. According to the recently released June 2016 RE/MAX National Housing Report, the Median Sales Price in May was $222,475, a 4.2 percent rise from price levels one year ago and 3.5 percent above the median price in April. Comment?
Saturday Jun 18 | via Powhatan Today
Click here to create a free user account to enter a calendar events, update your business directory listing or comment on an obituary. NOTE: Free accounts do not allow you to read articles on an unlimited basis on Richmond.com. Comment?
Wednesday Jun 15 | via American Banker
Park Sterling in Charlotte, N.C., is making a habit of treating its rivals as a farm system for banking talent. The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area. Comment?
Tuesday Jun 7 | via WTVR Richmond
RICHMOND, Va. - Brad Friedman, from Reverse Mortgage Pro, returns to Virginia This Morning to walk Bill through the steps of taking out a reverse mortgage. Comment?
Tuesday Jun 21 | via Cavalier Daily
Based on analysis of fair market rent, the VHA report claims that modest apartments are out of reach for low wage-earners, and that there is an overall lack of affordable housing for many renters. In coming weeks, the Charlottesville City Council will take up proposals to increase the availability of affordable housing, according to City Council Member Kristin Szakos. Comment?
Friday Jun 10 | via Housing Wire
The Monarch Mortgage former president and CEO was indicted on charges of concealing over $1 million in assets several years ago when he declared bankruptcy, according to an article by Scott Daugherty and Cindy Clayton for The Virginian Pilot . After declaring bankruptcy in 2011 and 2012, Edward Yoder was arrested Thursday, then released on a $5,000 bond, according to the article. Comment?
Wednesday Jun 1 | via Martinsville Bulletin
There is a lot of optimism about the Virginia real estate market, according to a new poll conducted by Roanoke College. Comment?
May 23, 2016 | via The Washington Post
This is a cautionary tale to home sellers. In a recent transaction in which I was representing the seller, the buyer's home inspector damaged the slate tile floor in the kitchen of my client's condo during a home inspection. Comment?
May 19, 2016 | via Powhatan Today
Residential home sales and the prices for those homes rose in April from the same month a year ago, according to an April 2016 Homes Sales Report released Thursday by the Virginia Association of Realtors. In Virginia, 9,945 houses sold in April, up 8.46 percent from the same month a year ago, the association reported. Comment?
13 min ago | via St. Albert Gazette
It's something of a phenomenon in North America, the 'tiny house' movement. Singles, couples and even small families are eschewing the dream of a big single family home in the suburbs for a micro-house and a simpler life with far fewer belongings. Comment?
14 min ago | via St. Albert Gazette
St. Albert's building permit reports show the city is underperforming in traditionally strong areas and exceeding in weaker ones. In the first five months of 2016, the city sold 42 single-family home permits - 20 less than this time last year. Comment?
22 min ago | via Indianapolis Business News
Locally, the number of homes flipped in 2015 jumped 9 percent from the previous year. Comment?
27 min ago | via Greeley Tribune
We get it. Median home prices in Weld County jumped from $248,250 in April to $260,000 in May. So, in one month, home prices jumped $12,000. Comment?
32 min ago | via Texarkana Gazette
People pass the New York Stock Exchange, Friday, June 24, 2016. Britain voted to leave the European Union after a bitterly divisive referendum campaign, toppling the prime minister Friday, sending global markets plunging and shattering the stability of a project in continental unity designed half a century ago to prevent World War III. Comment?
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