April 18, 2006

Richmond Market

The Richmond real estate market is in Spring mode; houses are selling in a matter of a week or so, if they are priced correctly and in good condition.

 

We are seeing a few homes, particularly for sale by owner homes, being priced way over market and in relatively poor condition. As of a matter of fact, one of my neighbors is trying to sell his home. He is about 35k over market and the house needs a roof, gutters, an exterior paint job….and I can only imagine that the interior is a mess too! The market has tempered enough that I am confident he will NOT be getting his asking price, not by a long shot.

 

I hope everyone is enjoying the spring season and is able to find the time to spend some quality time outdoors.

 

Contact us for more information or assistance in buying your next home.

 

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