Saturday, March 29, 2008
Short Sale Hurting the Market!
A new term we have come to know as realtors is short sale. People just see a great price and don't realize that the asking price is not an accepted price from the bank.
As a listing agent you can not find out what price the bank will accept until you have a valid offer. The only way to ensure yourself of getting an offer is to price the property low. Once the property gets an offer the property finally gets looked at by the bank. MONTHS LATER, you might actually get a response, most likely a counter offer that is higher then asking and totally unrealistic.
As a listing agent you can not find out what price the bank will accept until you have a valid offer. The only way to ensure yourself of getting an offer is to price the property low. Once the property gets an offer the property finally gets looked at by the bank. MONTHS LATER, you might actually get a response, most likely a counter offer that is higher then asking and totally unrealistic.
Buying a Richmond Home? Down Payment Assistance Program
Are you looking to purchase your first home in the Richmond area soon? Well, the city of Richmond has a Downpayment Assistance Program for first time home buyers that could help make this dream a reality. The goal of the program is to increase the homeownership rate among first time buyers in lower income and minority households.
There are some requirements to Downpayment Assistance Program. There are income limits and the buyer must be purchasing their first home within the Richmond city limits. There is also a free homebuyer education course that must be attended.
For more information on the complete requirements and details on the program please feel free to contact me mmekhimar@remax.net or give me a call 804-243-0605.
There are some requirements to Downpayment Assistance Program. There are income limits and the buyer must be purchasing their first home within the Richmond city limits. There is also a free homebuyer education course that must be attended.
For more information on the complete requirements and details on the program please feel free to contact me mmekhimar@remax.net or give me a call 804-243-0605.
Monday, March 24, 2008
Servers, keep your tips!
Do you have a manger or supervisor that insists on splitting your tips?
Starbucks has been ordered to pay employees $105 million because shift managers thought they deserved a cut of the tip jar.
San Diego Superior Court Judge Patricia Y. Cowett cited California law that prohibits employers from taking employees’ tips. The suit, filed in 2004, included about 1,400 Starbucks locations in California and was filed on behalf of 100,000 workers.
You served it, you earned it!
Starbucks has been ordered to pay employees $105 million because shift managers thought they deserved a cut of the tip jar.
San Diego Superior Court Judge Patricia Y. Cowett cited California law that prohibits employers from taking employees’ tips. The suit, filed in 2004, included about 1,400 Starbucks locations in California and was filed on behalf of 100,000 workers.
You served it, you earned it!
Sunday, March 23, 2008
Yes, you can sell and buy a home!
Here are a few issues to consider.
- You may have to sell for a lower price...in fact you will sell for lower than last year!
- You can buy the home of your dreams for a lower price too!
- You will only be seeing people that really want to buy....believe it! Credit has tightened so only real buyers are in the market.
- Can you expect some low-ball offer....YES!
- Can you expect to sell in a reasonable time.....Yes if marketed properly!
So if you want to sell do it! Do it with your eyes wide open...know what to expect. Know what your final sell price range is probably going to be. Here are the three probable prices to consider...Your list sell price, the offer price and the actual sell price.
So can you sell? YES. Can you buy another home which will be of similar discount to match what you had to do? YES. So if you do that when the market comes back will you increase in value to make up for the current market down turn? YES, it always comes back...if you have purchased up your investment will go up exponentially.
So is this a great time to sell and buy? rates are great...the home selections are as good as it is going to get and your opportunity to find exactly what you want at a great value could not be better.
How will I know how much to offer?
“Shoot for the moon. Even if you miss, you'll land among the stars.” Les Brown
That’s good advice for space travel. And it could encourage an actor to continue their rehearsals until they make it to Carnegie Hall. However it’s not a proven strategy for buying real estate.
As a homebuyer your question might be: “How will I know how much to offer?”
Who will help you decide? Does a home seller or their listing agent worry about you getting a good deal on your purchase? “NO!” The seller and the seller's agent are concerned primarily about their interests, not yours.
My customers have benefited from my attending to their concerns. You can, too. When we work together I will work to make sure you find the right home for your needs and wants. And then we’ll work to get the most acceptable pricing and financing package, too.
I encourage you to visit my website at www.RichmondVAHomes4Sale.com where you can become familiar with homes for sale, home sales prices, and the most important market and neighborhood information. You can even begin your search for your new home with the dream home finder. See something you like? You can schedule a showing. Now is the time to visit.
Don't risk driving by the home of your dreams. Call upon me to find your home for you.
That’s good advice for space travel. And it could encourage an actor to continue their rehearsals until they make it to Carnegie Hall. However it’s not a proven strategy for buying real estate.
As a homebuyer your question might be: “How will I know how much to offer?”
Who will help you decide? Does a home seller or their listing agent worry about you getting a good deal on your purchase? “NO!” The seller and the seller's agent are concerned primarily about their interests, not yours.
My customers have benefited from my attending to their concerns. You can, too. When we work together I will work to make sure you find the right home for your needs and wants. And then we’ll work to get the most acceptable pricing and financing package, too.
I encourage you to visit my website at www.RichmondVAHomes4Sale.com where you can become familiar with homes for sale, home sales prices, and the most important market and neighborhood information. You can even begin your search for your new home with the dream home finder. See something you like? You can schedule a showing. Now is the time to visit.
Don't risk driving by the home of your dreams. Call upon me to find your home for you.
Saturday, March 22, 2008
A Good Time to Buy a House If You Can Afford One!
Finally, it's a buyer's market out there.
For years rapidly rising prices kept many first-time home buyers out of the housing market. But as home values slide further downward and interest rates hover at relatively low levels, it may be time to start looking to buy that first house.
That is, if you have a secure job, can afford higher down payments than were required a few years ago and can meet lenders' much stricter income and credit requirements.
For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at http://www.richmondvahomes4sale.com/ or http://www.e-richmondhomes.com/.
For years rapidly rising prices kept many first-time home buyers out of the housing market. But as home values slide further downward and interest rates hover at relatively low levels, it may be time to start looking to buy that first house.
That is, if you have a secure job, can afford higher down payments than were required a few years ago and can meet lenders' much stricter income and credit requirements.
For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at http://www.richmondvahomes4sale.com/ or http://www.e-richmondhomes.com/.
Friday, March 21, 2008
30-year fixed rate at 5.62%!
Long-term mortgage interest rates fell Thursday, and the benchmark 10-year Treasury bond yield dropped to 3.33 percent.
The 30-year fixed-rate average dipped to 5.62 percent, and the 15-year fixed rate sank to 5.08 percent. The 1-year adjustable rate rose to 5.53 percent.
The 30-year Treasury bond yield slipped to 4.17 percent.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at www.RichmondVAHomes4Sale.com or www.e-RichmondHomes.com.
The 30-year fixed-rate average dipped to 5.62 percent, and the 15-year fixed rate sank to 5.08 percent. The 1-year adjustable rate rose to 5.53 percent.
The 30-year Treasury bond yield slipped to 4.17 percent.
Mortgage rate figures are according to Bankrate.com, which publishes nightly averages based on its survey of 4,000 banks in 50 states. Points on these mortgages range from zero to 3.5.
For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at www.RichmondVAHomes4Sale.com or www.e-RichmondHomes.com.
Wednesday, March 19, 2008
Lease-to-Own Primer!
Lease-to-own agreements can help sell a hard-to-sell property during a sluggish housing market. Here’s how they work:
- A seller agrees to rent a property to an interested buyer for a set period of time, usually one to three years. At the end of the lease, the buyer has the option to purchase the home at a preset price.
- A portion of the monthly rent paid during the lease is usually counted toward the down payment. To cover that, the seller charges a rent increment or monthly premium of $200 to $300 compared to comparable rentals.
- Many owners also charge an option fee for taking the property off the market, usually 1 percent to 2 percent of the sale price. This may be applied toward the purchase.
- Sellers have no guarantee that renters will buy at the end of the term, but if they don’t, they keep the option fee and the amount of the rent that would have gone toward the down payment.
Source: Orlando Sentinel
For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at www.RichmondVAHomes4Sale.com or www.e-RichmondHomes.com.
Why Now is a Smart Time to Buy!
Now is a great time to buy a home, say the financial gurus at the Wall Street Journal.
The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring.
Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn’t count on stretching further because lenders won’t approve their loans.
The Journal calls it a buyers market and offers these suggestions for first-timers getting their feet wet. While their advice is solid, it’s not revolutionary, but some potential customers might find it reassuring.
Remember this is a place to live not a stock market investment, they say. Lenders want buyers to spend no more than 28 percent of their gross monthly income on mortgage payments, real estate taxes, and home insurance. Buyers shouldn’t count on stretching further because lenders won’t approve their loans.
- Cash is king. Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.
- Location. Location, location. As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value.
- Compare. Besides just looking at the comps, buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home.
- Think long haul. It will probably take at least six or seven years of living in the house to be able to sell and come out ahead.
Tuesday, March 18, 2008
Fed cutting rates again!
In an emergency move to prop up credit markets, the Federal Reserve cut the discount rate to 3.25 percent over the weekend and expanded the list of banks and financial institutions that can borrow money at that rate.
Tuesday, March 11, 2008
Why use an e-pro!
An e-PRO is a REALTOR who has successfully completed the e-PRO training program for real estate professionals. Endorsed by the National Association of REALTORS (NAR), the e-PRO course teaches professionals the nuts and bolts of working with real estate on-line: Web sites, email, on-line tools, and most of all, what today's consumer really wants. e-PRO certification places one in the top 1% of all Realtors in the nation.
Should you use an e-PRO?
Yes -- especially if you're an Internet user. In this fast-paced age, technology has become a necessity. An e-PRO is someone who has recognized and responded to the needs of the new consumer, saving them time and expense. If you choose an e-PRO, it's a safe bet you'll get the kind of service you want -- and need.
Accept no substitutes!
Some agencies give out their own "e-" certifications (such as "e-Certified", "eCertified", etc.), for marketing purposes, but they are NOT endorsed by the National Association of Realtors and are not as rigorous and demanding as the e-PRO training and certification requirements.
Should you use an e-PRO?
Yes -- especially if you're an Internet user. In this fast-paced age, technology has become a necessity. An e-PRO is someone who has recognized and responded to the needs of the new consumer, saving them time and expense. If you choose an e-PRO, it's a safe bet you'll get the kind of service you want -- and need.
Accept no substitutes!
Some agencies give out their own "e-" certifications (such as "e-Certified", "eCertified", etc.), for marketing purposes, but they are NOT endorsed by the National Association of Realtors and are not as rigorous and demanding as the e-PRO training and certification requirements.
What is an e-PRO—— and why should you use one?
What is an e-PRO—— and why should you use one? A short guide for the Internet consumer When you're on the Internet, you don't have time to waste on endless searches for useful real estate information. You want to get things done quickly and without hassle. So chances are you'd like a real estate agent who Answers e-mail promptly and professionally. Respects your on-line privacy. Offers home listings and other Internet tools to help you find or market a home. Enter the e-PRO.
An e-PRO is a REALTOR® who has successfully completed the e-PRO training program for real estate professionals. Endorsed by the National Association of REALTORS®, the e-PRO course teaches professionals the nuts and bolts of working with real estate on-line: Web sites, e-mail, on-line tools, and most of all, what today's consumer really wants.
What does all this mean to you? There are several benefits of working with a certified Internet professional.
More privacy
Are you reluctant to give out contact information through the Web for fear of being pestered or spammed? e-PROs understand. They've learned the Web isn't just a place to do business; you need information from someone you can trust.
That's why e-PROs respect your privacy. They respond quickly to your questions, but don't send you unwanted communication. And they protect your personal information.
Less hassle
Tired of struggling to find information? e-PROs are more likely to have access to the latest Internet utilities, making your life easier. These tools may include:
On-line home tours
Instant access to comprehensive neighborhood data
Extensive property listings
Immediate e-mail notification of just-listed homes meeting your criteria
Referral networks and on-line forums, where e-PROs can quickly find information——even potential buyers——from other e-PROs
Newsletters on current real estate conditions in your area
Electronic faxes sent to you by e-mail
Advanced software, PDAs, and laptops to find you answers on the spot
The result: you get more information, more easily. With electronic files, you have less paperwork to deal with. And since your agent uses e-mail, you can even eliminate phone tag. The e-PRO streamlines your entire transaction, from showing to closing.
Less expense
An e-PRO's access to advanced technology can save you considerable expense. You have more tools to find or market your home, so you're likely to get a better price. With on-line home tours, you reduce in-person showings——and the costs involved. And by using e-mail, you save money on long-distance calls and fax charges.
Relocating? An e-PRO is ideal for you. With the tools to do your research electronically, you can make a decision on a home the first day you're in town——or without traveling at all. You and your family save on travel costs. And after you've decided to buy, monitoring the sale by e-mail saves you even more.
Should you use an e-PRO? Yes——especially if you're an Internet user. In this fast-paced age, technology has become a necessity. An e-PRO is someone who has recognized and responded to the needs of the new consumer. If you choose an e-PRO, it's a safe bet you'll get the kind of service you want——and need.
Copyright© InternetCrusade® and NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. No portion of this web site, including graphics or text, may be reproduced without the expressed consent of InternetCrusade® and NATIONAL ASSOCIATION OF REALTORS®.
An e-PRO is a REALTOR® who has successfully completed the e-PRO training program for real estate professionals. Endorsed by the National Association of REALTORS®, the e-PRO course teaches professionals the nuts and bolts of working with real estate on-line: Web sites, e-mail, on-line tools, and most of all, what today's consumer really wants.
What does all this mean to you? There are several benefits of working with a certified Internet professional.
More privacy
Are you reluctant to give out contact information through the Web for fear of being pestered or spammed? e-PROs understand. They've learned the Web isn't just a place to do business; you need information from someone you can trust.
That's why e-PROs respect your privacy. They respond quickly to your questions, but don't send you unwanted communication. And they protect your personal information.
Less hassle
Tired of struggling to find information? e-PROs are more likely to have access to the latest Internet utilities, making your life easier. These tools may include:
On-line home tours
Instant access to comprehensive neighborhood data
Extensive property listings
Immediate e-mail notification of just-listed homes meeting your criteria
Referral networks and on-line forums, where e-PROs can quickly find information——even potential buyers——from other e-PROs
Newsletters on current real estate conditions in your area
Electronic faxes sent to you by e-mail
Advanced software, PDAs, and laptops to find you answers on the spot
The result: you get more information, more easily. With electronic files, you have less paperwork to deal with. And since your agent uses e-mail, you can even eliminate phone tag. The e-PRO streamlines your entire transaction, from showing to closing.
Less expense
An e-PRO's access to advanced technology can save you considerable expense. You have more tools to find or market your home, so you're likely to get a better price. With on-line home tours, you reduce in-person showings——and the costs involved. And by using e-mail, you save money on long-distance calls and fax charges.
Relocating? An e-PRO is ideal for you. With the tools to do your research electronically, you can make a decision on a home the first day you're in town——or without traveling at all. You and your family save on travel costs. And after you've decided to buy, monitoring the sale by e-mail saves you even more.
Should you use an e-PRO? Yes——especially if you're an Internet user. In this fast-paced age, technology has become a necessity. An e-PRO is someone who has recognized and responded to the needs of the new consumer. If you choose an e-PRO, it's a safe bet you'll get the kind of service you want——and need.
Copyright© InternetCrusade® and NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. No portion of this web site, including graphics or text, may be reproduced without the expressed consent of InternetCrusade® and NATIONAL ASSOCIATION OF REALTORS®.
Henrico Parks & Recreation Events April 2008
Henrico Parks & Rec Events April 2008
APRIL 2008
Baa, Baa Little Sheep, Have You any Wool?
For all ages. It is shearing time, and Meadow Farm is using historic hand shears on their herd of Gulf Coast Native sheep. Come watch the process and learn more about this rare breed and what their wool is used for. Information: Anna Truong, 501-5520.
Sat, Apr 5, 12, 19, & 26, 1-3 p.m.
Meadow Farm Museum. Free.
The Richmond Symphony in Concert
For all ages. The Henrico Family Concert Series features the Richmond Symphony in concert. This concert will be conducted by Associate Conductor Erin Freeman. Bring the entire family for a great evening of music! Information: Amy Perdue, 501-5138.
Mon, Apr 7, 7 p.m.
The Cultural Arts Center at Glen Allen.
Adults: $12. Children 12 and under: $6.
For ticket information and reservations, call the Richmond Symphony Box office at 788-1212.
Henrico Community Band Spring Concert
For all ages. The Henrico Community Band, under the direction of Archer Johnson, invites you to a night of music the entire family can enjoy. Selections range from Beethoven to the Beatles and beyond. Information: Elaine Payne, 501-5115.
Thur, Apr 10, 7:30-9 p.m.
Henrico Theatre. Free. Call for reservations.
Gaming in the Tavern
For all ages. Enjoy backgammon, checkers, chess, cards, dominos, and other games while sipping a root beer float! Children must be accompanied by an adult. Information: Bob Lehr, 261-6898.
Fri, Apr 11, 6-9 p.m.
Walkerton Tavern. Free.
Feathered Nests
For all ages. Have you ever slept on a feather bed or played a game using feathers? Benjamin Franklin used a feather to write with. Come try out these items and find out why the feather is a most useful object. Information: Anna Truong, 501-5520.Sun, Apr 13, noon-3:30 p.m.
Meadow Farm Museum. Free.
Sweetheart Ball for Mother and Son
For ages 3-5. Let the little man in your life experience his first dance with you! This is an opportunity for mothers and sons to have a special date night. There will be dinner, dancing, and entertainment - a real night on the town! Information: Janice Parker, 501-5809.
Fri, Apr 18, 6:30-8:30 p.m.
Confederate Hills Recreation Center.
$7.50 per person, registration required.
Scavenger Hunt
For ages 6-12. There are many treasures in Hidden Creek Park. Design a special pouch for scavenger items, then seek to unlock the mystery with the winning keys. Munch on pizza and snacks after the scavenger hunt. Information: Sheila Cunningham, 643-8302.
Fri, Apr 18, 4:30-6:30 p.m.
Hidden Creek Recreation Center. $7.50, registration required.
Earth Day Celebration
For all ages. Celebrate Earth Day at Three Lakes Park! The Division of Recreation and Parks is teaming up with the Virginia Department of Conservation and Recreation, Virginia Department of Environmental Quality, James River Advisory Commission, and our very own Keep Henrico Beautiful! Bring the family and enjoy live music performed by Susan Greenbaum. Activities and entertainment will include educational booths and displays, litter “pick-up” races, recycling games, the Henrico County Bookmobile, arts and crafts, games, face painting, and more. The Wildlife Center of Virginia will be on-site with live animals, and Ocean Encounters will give you hands-on fun with ocean critters. Three Lakes Nature Center will also feature hands-on activities as well as educational displays. Concessions will be available for purchase. Information: Jeannie Murray, 501-5121.
Sat, Apr 19, 1-4 p.m.
Three Lakes Park. Free.
Sheep to Shawl
For all ages. Meadow Farm is shearing its sheep and taking the wool through the entire process from sheep to shawl. Spinning, weaving, and natural dyes are all part of the process. Come try your hand at some of these activities and sign up to make a rag doll. Information: Anna Truong, 501-5520.
Sat, Apr 19, noon-4 p.m.
Meadow Farm Museum. Free.
Bluegrass Coffeehouse
For all ages. Bluegrass musicians of all ages and abilities: we invite you to Walkerton to play and share your music! Acoustic only. Children must be accompanied by an adult. Information: Cindy Rinker, 261-6898.
Fri, Apr 25, 7-9 p.m.
Walkerton Tavern. Free.
###
— Pam M. Kempf County of Henrico, VA - Division of Recreation & Parks Community Relations, Marketing, & Publicity (804) 501-5149 kem@co.henrico.va.us www.co.henrico.va.us/rec
APRIL 2008
Baa, Baa Little Sheep, Have You any Wool?
For all ages. It is shearing time, and Meadow Farm is using historic hand shears on their herd of Gulf Coast Native sheep. Come watch the process and learn more about this rare breed and what their wool is used for. Information: Anna Truong, 501-5520.
Sat, Apr 5, 12, 19, & 26, 1-3 p.m.
Meadow Farm Museum. Free.
The Richmond Symphony in Concert
For all ages. The Henrico Family Concert Series features the Richmond Symphony in concert. This concert will be conducted by Associate Conductor Erin Freeman. Bring the entire family for a great evening of music! Information: Amy Perdue, 501-5138.
Mon, Apr 7, 7 p.m.
The Cultural Arts Center at Glen Allen.
Adults: $12. Children 12 and under: $6.
For ticket information and reservations, call the Richmond Symphony Box office at 788-1212.
Henrico Community Band Spring Concert
For all ages. The Henrico Community Band, under the direction of Archer Johnson, invites you to a night of music the entire family can enjoy. Selections range from Beethoven to the Beatles and beyond. Information: Elaine Payne, 501-5115.
Thur, Apr 10, 7:30-9 p.m.
Henrico Theatre. Free. Call for reservations.
Gaming in the Tavern
For all ages. Enjoy backgammon, checkers, chess, cards, dominos, and other games while sipping a root beer float! Children must be accompanied by an adult. Information: Bob Lehr, 261-6898.
Fri, Apr 11, 6-9 p.m.
Walkerton Tavern. Free.
Feathered Nests
For all ages. Have you ever slept on a feather bed or played a game using feathers? Benjamin Franklin used a feather to write with. Come try out these items and find out why the feather is a most useful object. Information: Anna Truong, 501-5520.Sun, Apr 13, noon-3:30 p.m.
Meadow Farm Museum. Free.
Sweetheart Ball for Mother and Son
For ages 3-5. Let the little man in your life experience his first dance with you! This is an opportunity for mothers and sons to have a special date night. There will be dinner, dancing, and entertainment - a real night on the town! Information: Janice Parker, 501-5809.
Fri, Apr 18, 6:30-8:30 p.m.
Confederate Hills Recreation Center.
$7.50 per person, registration required.
Scavenger Hunt
For ages 6-12. There are many treasures in Hidden Creek Park. Design a special pouch for scavenger items, then seek to unlock the mystery with the winning keys. Munch on pizza and snacks after the scavenger hunt. Information: Sheila Cunningham, 643-8302.
Fri, Apr 18, 4:30-6:30 p.m.
Hidden Creek Recreation Center. $7.50, registration required.
Earth Day Celebration
For all ages. Celebrate Earth Day at Three Lakes Park! The Division of Recreation and Parks is teaming up with the Virginia Department of Conservation and Recreation, Virginia Department of Environmental Quality, James River Advisory Commission, and our very own Keep Henrico Beautiful! Bring the family and enjoy live music performed by Susan Greenbaum. Activities and entertainment will include educational booths and displays, litter “pick-up” races, recycling games, the Henrico County Bookmobile, arts and crafts, games, face painting, and more. The Wildlife Center of Virginia will be on-site with live animals, and Ocean Encounters will give you hands-on fun with ocean critters. Three Lakes Nature Center will also feature hands-on activities as well as educational displays. Concessions will be available for purchase. Information: Jeannie Murray, 501-5121.
Sat, Apr 19, 1-4 p.m.
Three Lakes Park. Free.
Sheep to Shawl
For all ages. Meadow Farm is shearing its sheep and taking the wool through the entire process from sheep to shawl. Spinning, weaving, and natural dyes are all part of the process. Come try your hand at some of these activities and sign up to make a rag doll. Information: Anna Truong, 501-5520.
Sat, Apr 19, noon-4 p.m.
Meadow Farm Museum. Free.
Bluegrass Coffeehouse
For all ages. Bluegrass musicians of all ages and abilities: we invite you to Walkerton to play and share your music! Acoustic only. Children must be accompanied by an adult. Information: Cindy Rinker, 261-6898.
Fri, Apr 25, 7-9 p.m.
Walkerton Tavern. Free.
###
— Pam M. Kempf County of Henrico, VA - Division of Recreation & Parks Community Relations, Marketing, & Publicity (804) 501-5149 kem@co.henrico.va.us www.co.henrico.va.us/rec
Saturday, March 1, 2008
10 Best Places for House Bargains!
The best place to get a bargain on a home is an area where there is healthy job growth and more houses available than people to buy them.These are markets “where you have high inventories but pliable borrowers, with lenders willing to deal,” says Anthony Sanders, a professor of finance at Arizona State University.Forbes magazine went looking for markets where the damage from risky lending hasn’t been as dramatic as in some parts of the country and where employment growth will burn off an over-abundance of inventory quickly.Here are what the magazine considers the 10 best cities for bargain house hunters.
1. Salt Lake City, Utah. Developers have gotten ahead of the demand, but the city is adding jobs more quickly than practically any place else in the country.
2. Raleigh, N.C. Another place where building got ahead of the curve, but the economy is expanding quickly.
3. Orlando, Fla. This part of the state had fewer speculators than Miami and Tampa, and it’s adding jobs faster than those cities as well.
4. Charlotte, N.C. The financial industry is moving here, adding jobs, but the inventory of unsold homes is still significant.
5. Phoenix. This city had a high foreclosure rate, but the economy is growing and people are still moving here in large numbers.
6. Seattle. The city’s port has profited from the weak dollar, but the housing price growth has slowed.
7. Las Vegas. This market was hit hard by foreclosures, but the growing economy makes the huge inventory less toxic than it is many places.
8. Jacksonville, Fla. The foreclosure rate is slower than the rest of the Florida cities, making the large inventory likely to improve.
9. Richmond, Va. There is only one foreclosure per 1,103 households here (compared to 1 in 33 in Detroit). Still, there are plenty of homes on the market.
10. Houston. Homes in Houston have long been a bargain. While there have been plenty of foreclosures, the population and the economy are expanding.
Source: Forbes, Matt Woolsey (02/07/08)
1. Salt Lake City, Utah. Developers have gotten ahead of the demand, but the city is adding jobs more quickly than practically any place else in the country.
2. Raleigh, N.C. Another place where building got ahead of the curve, but the economy is expanding quickly.
3. Orlando, Fla. This part of the state had fewer speculators than Miami and Tampa, and it’s adding jobs faster than those cities as well.
4. Charlotte, N.C. The financial industry is moving here, adding jobs, but the inventory of unsold homes is still significant.
5. Phoenix. This city had a high foreclosure rate, but the economy is growing and people are still moving here in large numbers.
6. Seattle. The city’s port has profited from the weak dollar, but the housing price growth has slowed.
7. Las Vegas. This market was hit hard by foreclosures, but the growing economy makes the huge inventory less toxic than it is many places.
8. Jacksonville, Fla. The foreclosure rate is slower than the rest of the Florida cities, making the large inventory likely to improve.
9. Richmond, Va. There is only one foreclosure per 1,103 households here (compared to 1 in 33 in Detroit). Still, there are plenty of homes on the market.
10. Houston. Homes in Houston have long been a bargain. While there have been plenty of foreclosures, the population and the economy are expanding.
Source: Forbes, Matt Woolsey (02/07/08)
Mortgage rates Rise for Third Week in Row!
Freddie Mac reports a jump in the 30-year fixed mortgage rate to a more than three-month high of 6.24 percent during the week ended Feb. 28. The previous week rates stood at 6.04 percent. The jump marked the third consecutive weekly increase.
Interest on 15-year fixed-rate mortgages climbed to 5.72 percent from 5.64 percent over the same period. Meanwhile, the five-year adjustable mortgage rate edged up to 5.43 percent from 5.37 percent. The one-year ARM shot up to 5.11 percent from 4.98 percent.
Interest on 15-year fixed-rate mortgages climbed to 5.72 percent from 5.64 percent over the same period. Meanwhile, the five-year adjustable mortgage rate edged up to 5.43 percent from 5.37 percent. The one-year ARM shot up to 5.11 percent from 4.98 percent.
Richmond’s Private School Guide!
All the private school information for the metro Richmond area you need is just one click away. Classified by zip code.
23002
Amelia Academy (PK-12) www.ameliaacademy.com
Love Covenant Christain School (K-12) 804-561-3750
23005
Hanover Academy (K-8) www.hanoveracademy.org
23039
Salem Christian School (PK3-12) www.salemchristainschool.com
23111
Liberty Christian School (PK3-6) www.libertychristianschool.org
23112
Millwood School (JK-8) www.milwoodschool.org
23115
Aylett Country Day School (PK-8) www.acdspatriots.net
23116
Atlee Christian Academy (PK-5) www.hanoverlife.com
New Hanover Christain School (5-8) www.nhpc.org
23139
Blessed Sacrament Huguenot (PS-12) www.blessedsacramenthuguenot.org
23220
Nubian Village Academy (PK-8) www.nubianvillageacademy.com
Orchard House School (5-8) www.orchardhouse.org
Richmond Preparatory Christian Academy (PK-8) www.richmondprep.org
St.Andrew’s School (K-5) www.st-andrews-school.org
23221
Benedictine High School (9-12) www.benedictinehighschool.org
Richmond Academy of Seventh Day Adventists (K-12) www.radsa.org
St. Benedict School (K-8) www.saintbenedictschool.org
St. Gertrude High School (9-12) www.saintgertrude.org
23222
All Saints Catholic School (PK-8) www.allsaintsric.com
Seven Hills School (5-8) www.7hillsschool.org
23223
Landmark Christian School (PK-12) www.landmarkbaptistrichmond.org
23224
All Saints Letsy Ann Memorial School (PK-3) 804-232-3159
Elijah House Academy (K-4) www.elijahhouseacademy.com
Southside Baptist Christian School (K-12) www.sbcscares.com
23225
Good Shepherd Episcopal School (PK-8) www.gses.org
IRQA Academy of Virginia (PK-7) www.iqrava.com
Richmond Waldorf School (K-8) www.richmondwaldorf.com
VERITAS Classical Christian School (K-10) www.veritasschool.com
23226
St. Bridget’s School (K-8) www.saintbridget.org
St. Catherine’s School (JK-12) www.st.catherines.org
St. Christopher’s School (JK-12) www.stchristophers.com
23227
Brook Road Academy (9-12) www.brookroadacademy.com
Luther Memorial School (PK-8) www.luthermemorial.com
Victory Christian School (K3-12) www.vca-edu.org
23228
Our Lady of Lourdes School (PK-8) www.ollric.com
23229
Collegiate School (K-12) www.collegiate-va.org
Grove Avenue Christian School (PK3-12) www.gabcs.org
Richmond Montessori School (PK-8) www.richmondmontessori.org
St. Mary’s School (PK-8) www.saintmary.org
West End Montessori School (PS-6) www.westendmontessori.com
23233
Academy of Academic Excellence (JK-3) www.academy-of-excellence.com
23235
St. Edward-Epiphany School (PK-8) www.seeschool.com
St. Michael’s Episcopal School (K-8) www.stmschool.net
Trinity Episcopal School (9-12) www.trinityes.org
23238
Rudlin Torah Academy (K-8) www.rudlin.org
The Steward School (K-12) www.stewardschool.org
23803
The Restoration Military Academy and Preparatory Academy (K-12) www.houserest.org
St. Joseph (PK-8) www.saintjosephschool.com
23805
RA Lewis Christian School (K-8) 804-732-4733
23832
Guardian Christian Academy (PS-8) www.gcakids.com
Richmond Christian School (PK4-12) www.richmondchristian.com
23834
Evangel Christian School (PK-12) www.evangelchristian.com
23838
Gill Grove Baptist School (PK-12) 804-590-1535
23860
Broadway Christian School (JK-12) 804-458-3750
West End Christian School (K3-12) www.wecs-hopewell.com
Click here for more information!
23002
Amelia Academy (PK-12) www.ameliaacademy.com
Love Covenant Christain School (K-12) 804-561-3750
23005
Hanover Academy (K-8) www.hanoveracademy.org
23039
Salem Christian School (PK3-12) www.salemchristainschool.com
23111
Liberty Christian School (PK3-6) www.libertychristianschool.org
23112
Millwood School (JK-8) www.milwoodschool.org
23115
Aylett Country Day School (PK-8) www.acdspatriots.net
23116
Atlee Christian Academy (PK-5) www.hanoverlife.com
New Hanover Christain School (5-8) www.nhpc.org
23139
Blessed Sacrament Huguenot (PS-12) www.blessedsacramenthuguenot.org
23220
Nubian Village Academy (PK-8) www.nubianvillageacademy.com
Orchard House School (5-8) www.orchardhouse.org
Richmond Preparatory Christian Academy (PK-8) www.richmondprep.org
St.Andrew’s School (K-5) www.st-andrews-school.org
23221
Benedictine High School (9-12) www.benedictinehighschool.org
Richmond Academy of Seventh Day Adventists (K-12) www.radsa.org
St. Benedict School (K-8) www.saintbenedictschool.org
St. Gertrude High School (9-12) www.saintgertrude.org
23222
All Saints Catholic School (PK-8) www.allsaintsric.com
Seven Hills School (5-8) www.7hillsschool.org
23223
Landmark Christian School (PK-12) www.landmarkbaptistrichmond.org
23224
All Saints Letsy Ann Memorial School (PK-3) 804-232-3159
Elijah House Academy (K-4) www.elijahhouseacademy.com
Southside Baptist Christian School (K-12) www.sbcscares.com
23225
Good Shepherd Episcopal School (PK-8) www.gses.org
IRQA Academy of Virginia (PK-7) www.iqrava.com
Richmond Waldorf School (K-8) www.richmondwaldorf.com
VERITAS Classical Christian School (K-10) www.veritasschool.com
23226
St. Bridget’s School (K-8) www.saintbridget.org
St. Catherine’s School (JK-12) www.st.catherines.org
St. Christopher’s School (JK-12) www.stchristophers.com
23227
Brook Road Academy (9-12) www.brookroadacademy.com
Luther Memorial School (PK-8) www.luthermemorial.com
Victory Christian School (K3-12) www.vca-edu.org
23228
Our Lady of Lourdes School (PK-8) www.ollric.com
23229
Collegiate School (K-12) www.collegiate-va.org
Grove Avenue Christian School (PK3-12) www.gabcs.org
Richmond Montessori School (PK-8) www.richmondmontessori.org
St. Mary’s School (PK-8) www.saintmary.org
West End Montessori School (PS-6) www.westendmontessori.com
23233
Academy of Academic Excellence (JK-3) www.academy-of-excellence.com
23235
St. Edward-Epiphany School (PK-8) www.seeschool.com
St. Michael’s Episcopal School (K-8) www.stmschool.net
Trinity Episcopal School (9-12) www.trinityes.org
23238
Rudlin Torah Academy (K-8) www.rudlin.org
The Steward School (K-12) www.stewardschool.org
23803
The Restoration Military Academy and Preparatory Academy (K-12) www.houserest.org
St. Joseph (PK-8) www.saintjosephschool.com
23805
RA Lewis Christian School (K-8) 804-732-4733
23832
Guardian Christian Academy (PS-8) www.gcakids.com
Richmond Christian School (PK4-12) www.richmondchristian.com
23834
Evangel Christian School (PK-12) www.evangelchristian.com
23838
Gill Grove Baptist School (PK-12) 804-590-1535
23860
Broadway Christian School (JK-12) 804-458-3750
West End Christian School (K3-12) www.wecs-hopewell.com
Click here for more information!
Real Estate assessments increase again in Richmond area!
Over the past few weeks city and county assessors across the state have mailed out those little slips that say your home is worth more -- notices that mean you'd make money selling your home but that will almost certainly translate into higher real estate tax bills.
In the cities and counties around Richmond, assessments are up again, though not by as much as last year or the year before, a Richmond Times-Dispatch analysis of local assessment data shows.
That's because sales prices for metropolitan Richmond-area homes last year rose -- by an average of 5.8 percent -- to $281,139, according to the Virginia Association of Realtors.
(Source: inRich.com) Full Story!
In the cities and counties around Richmond, assessments are up again, though not by as much as last year or the year before, a Richmond Times-Dispatch analysis of local assessment data shows.
That's because sales prices for metropolitan Richmond-area homes last year rose -- by an average of 5.8 percent -- to $281,139, according to the Virginia Association of Realtors.
(Source: inRich.com) Full Story!
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