The real estate market here has turned towards a buyers market ,especially if you compare it to recent years .Their are plenty of homes on the market and most are taking over 2 months to sell, however showings have picked up.Prices have dropped in...
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Glen Allen, Virginia
as of 11/12/2008:
The market in Glen Allen is good , however it is moving towards the buyers side. Some homes have sold quickly and others have been on the market over 90 days . Interest rates are predicted to drop slightly, but still at a historically low...
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Goochland, Virginia
as of 11/12/2008:
This market is definately a buyers market with the supply up and the demand down.Most sellers are finding it takes longer to sell than last year, and some builders are offering incentives to buy. The price of homes varies wildly, with area , size,...
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Hanover, Virginia
as of 11/12/2008:
The Hanover market is is in a wait and see mode right now.Intrest rates are still good and some properties are still selling , but it depends on the property.The time on the market is definitely longer than last year. I believe it is a great time to...
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Henrico, Virginia
as of 11/12/2008:
Henrico real estate is alive and well , however the market is going towards the buyers side . The average sale price in 2007 was about $330,000 in the western part of Henrico ,this is well above the Richmond area average although it is possible to...
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Richmond, Virginia
as of 11/12/2008:
Housing Balance , not Housing Bubble. In Richmond you must have a good professional helping you understand the different areas and markets that can vary by even a few blocks in some instances. The market is now favoring buyers , and most homes...
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Richmonds West End, Virginia
as of 11/12/2008:
The west end market almost never completly slows down and is still moving along, however more homes are staying on the market longer and we are seeing some seller concessions.THe interest rates(still historically low, and expected to drop any day...
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Short Pump, Virginia
as of 11/12/2008:
The commercial building (retail shopping) around the new Short Pump Mall is going strong. Some of this construction is projected to be townhomes and condos.There has been good sales recently in the lower price ranges ,possibly from new businesses...
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