Housing in Richmond is a Good Long-Term Investment

Click here to read a new report prepared for the Richmond Association of REALTORS® by the Office of Housing Policy Research at George Mason University. This report provides data and graphs that illustrate the increasing value of homes in the Richmond metro region, the return on investment in a home vs. investing in the stock market, and the difference in wealth accumulation between renters and homeowners.

Please note that because this report studies the "typical" homeownership period, which is nine years in the Richmond area, the data stops with homes bought in 1998 (and thus finishing the nine year period in 2007).

Source: Richmond Association of REALTORS®(11/09/07)

Richmond the History and the Future!

The capital of Virginia, in the east-central part of the state on the James River north of Petersburg. Settled in the 17th century, it became the capital of Virginia in 1779 and was strategically important in the American Revolution and the Civil War, during which it was the capital of the Confederacy. The evacuation of Richmond by Confederate troops on April 3, 1865, led to Gen. Robert E. Lee's surrender to Gen. Ulysses S. Grant on April 9. Population: 194,000.
Metropolitan Area Population 2000: 1,096,957
(Source: answers.com) Full Story . . .

The Greater Richmond Region is a wonderful place to live, work and play!

The Greater Richmond Region is a wonderful place to live, work and play. While we all have our reasons as to why we call the Greater Richmond Region home, we want to make sure and spread the word about accolades that you may not be aware of. Each month a new list of accolades will be sent it out in an effort to help further celebrate all things great about the Greater Richmond Region.

*14TH BEST PLACE FOR BUSINESS AND CAREERS among the 200 largest metro areasForbes, April 5, 2007

* One of North America's TOP FIVE LARGE CITIES for BEST QUALITY OF LIFE, human resources, and development and investment promotionForeign Direct Investment (FDI) Magazine's "North American Cities of the Future 2007/08" competition, April/May 2007 issue

* A FIVE-STAR METRO AREA for knowledge workersExpansion Management, April 12, 2007

* One of the South's TOP TEN PLACES FOR THE CREATIVE CLASS Southern Business & Development, Winter 2007

>> Access the Competitive Analysis Report to learn how the Greater Richmond Region compares to cities like Nashville, TN and Jacksonville, FL.

(Source: Greater Richmond Chamber of Commerce)