We represented the sales of The Tribeca Brownstones, beginning in 2007/8. Phase I consisted of 8 modern inspired 3 story town homes of 3 or 4 bedrooms, 2.5 baths and typically 2 car tandem garages in the basement. The floor plans, created by local architect Dave Johannas, were open concept with impressive site lines and finished in a modernist aesthetic. The trim packages … [Read more...]
Where Are We Now (according to the experts at the VCU Real Estate Conference)?
On Tuesday October 12th, I was lucky enough to attend the Annual VCU Real Estate Trends Conference. Each year, the Real Estate Department at Virginia Commonwealth brings in speakers from different disciplines of real estate and from the local, regional and national perspectives and they discuss their views on the market. This program is in its 20th year and is quite … [Read more...]
Government: “We Forgive You?”
For a brief time last week, there was some buzz on Capital Hill about Fannie Mae (and maybe Freddie Mac) essentially forgiving the negative equity in the real estate mortgage market. The idea has apparently perished for now, but they were basically saying something to the effect of if you owe $500,000 on a $400,000 home (that obviously was worth more a few years ago when you … [Read more...]
To Dues or Not to Dues, That is the Question
Buyer: I would like to buy this condo but the dues are too high. Buyer: What does the column titled ‘dues’ mean? Buyer: Those dues are MONTHLY?!?!? AAAAAAAAAHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!! Each and every day, I get asked about dues when showing condominiums. While some of the questions are quite astute and on point, many indicate a complete lack of understanding of … [Read more...]
Buying vs. Renting Near VCU/MCV
I would like to offer the following debate to the parents of VCU students and their Medical School counterparts who are coming to Richmond this summer (or who have already arrived) and who need to decide whether to buy or rent a home near the VCU or MCV Campus. You should buy a house or condo near the VCU campus. Now I understand that my position on this is not without … [Read more...]
Richmond Grid Article Focuses on Downtown Richmond Condo Opportunities
As a follow up on the recent Loft Tour and as a part of a larger article on the attractive housing opportunities available in downtown Richmond, VA, the Richmond Grid invited me to highlight some of our listings in the Jackson Ward area. The article gave me a chance to highlight The Reserve, The Marshall Street Bakery, 212 Condos, and the Emrick Flats. The entire article … [Read more...]
212 Condos In The News
Charming, Classic, Yet Contemporary The 212 Condos got a great mention in Richmond Grid this week. The article highlights the condo owned by Michael Falcone and showcases the extraordinary job he has done decorating his unit. The pictures alone are worth the visit! The entire article is here. What do you think? For more information, see Richmond Virginia Condos. … [Read more...]
Richmond Vying for Google Fiber
Richmond has responded to an RFI (request for information) from Google to be selected by the internet giant to get the experimental Google Fiber. The Google Fiber for Communities Project is an experiment to build an ultra-high speed broadband network that will deliver internet speeds more than 100 times faster than what most Americans have access to today. The planned network … [Read more...]
RTD Article on 3rd Annual Loft Tour
The 3rd annual Downtown Loft tour got some good press in the Richmond Times Dispatch this week. Venture Richmond, a downtown advocacy group, is sponsoring a Downtown Loft Tour of 15 lofts in six neighborhoods two weeks from today -- on Saturday, March 27. "I wouldn't live anywhere else but downtown," said Tom McFalls, leasing manager at the River Lofts at Tobacco Row, whose … [Read more...]
Richmond VA Seen On the Mend
Industry magazine Builder includes a study this month by a research firm called Market Intelligence that suggests that the Richmond area is likely to be one of the early beneficiaries of an improving economy. Housing economists have long held that the housing rebound, when it comes, will be uneven. The markets that benefit first will be the ones with the strongest core … [Read more...]
