About Chesterfield County, VA

Richmond Virginia has some great investment options for parents right now in the area around Virginia Commonwealth University, the Bio Tech park, and Medical college of Virginia.

Some job changes and companies relocating have put some reasonable priced properties on the market and parents are scooping them up.

it makes sense if student is going to be here for 4-6 years depending on the major.

And with the 8000 tax credit for first time home buyers (put you child's name on property), the savvy parents can get down payment and closing cost back.

There are some stressed sellers who need to sell; they have already relocated to another city.

Several developers are building 600 + more apartments around VCU in the next year, so there is demand; but rent is wasted money.

Purchasing is a good investment. Rent out two Bedrooms to other students and keep one for your student.

Make him or her the manager and pay them a small sum to manage and write off their spending money on taxes. Talk to your accountant.

Richmond is a great college town. Cultural events go on almost every weekend.

There is the Asian festival, the Greek Festival, the Indian Pow Wows in King William, the Armenian food festival, the Folk Music festival, and tons of out door free music concerts.

Hurry just one month left for 8000 tax credit for first time home buyers, can put your student on loan and cosign. Investment VS Rent. Plus nowadays mortgages are cheaper than rent.

See

www.venturerichmond.com

Face Book@ http://www.facebook.com/profile.php?id=736643159&ref=name

Call 804 909-2777

email: wanda@wandafears.com

web www.wandafears.com

Rent To Own! 50% rent credit! Beautiful 5 bedroom / 2.5 bath, 2500 square foot home in Midlothian, VA! The home has a 2 car garage and has a fireplace, deck and an 800 square foot basement! The house also has access to a clubhouse and a pool! Rent is $1895/mo and first months rent and $7500 down required to move in. Please contact us with any questions at www.50statesrent2own.com. Until next time....

Pete Olsen

Rent To Own Homes, LLC

www.50statesrent2own.com

www.activerain.com/blogs/peteolsen01

If you are thinking of moving to Chesterfield I can tell you what a great place it is! I grew up in Chesterfield and have called it home for 25 years! If you have questions about the schools - You can check out SOL scores and other information about them- at http://www.chesterfield.k12.va.us/.

Chesterfield County is a county located in the Commonwealth of Virginia, a state of the United States. In 2006, its population was estimated to be 306,000, an increase of over 35,000 since 2000. Chesterfield County is now the fourth-largest municipality in Virginia (behind Fairfax County, Virginia Beach, and Prince William County, respectively). Its county seat is Chesterfield. It is located in the Richmond-Petersburg region and is a portion of the Richmond Metropolitan Statistical Area (MSA). Much of the northern portion of Chesterfield County accounts for what is referred to as Metropolitan Richmond's "South Side".

There are many wonderful neighborhoods to choose from when deciding where to live. There are condominiums, townhomes and detached homes. You can check out lots of Chesterfield County information at this great web site: http://www.epodunk.com/cgi-bin/genInfo.php?locIndex=22893.

I assist buyers and sellers with real estate transactions in Chesterfield. If you want to sell - I can list your home for you and give it major internet exposure and list it in 3 different MLS systems. I can provide a Virtual Tour to help market your home! Buyers love it!

If you are buying - You definately want your own representation. Listing agents represent the seller. The seller pays the agents so you get your agent to represent you with no cost to you! I can set you up to receive auto listings from the MLS system. They come in overnight. If you see something you like - we can look when you are ready! You can always check out listings at my web site at http://www.williamsburgpremierproperties.com . Please call me with your real estate questions at 757-903-5268 or you can e mail me at sueoliver1@cox.net

Dear Client,

I hope you are viewing your market snap shot of homes values in you area. It is always nice to keep up with the market. I hope you and family still are enjoying your home.

Here is another report on the Richmond Market in general. Your financial planners keep you abreast of your investments. I am also trying to keep you abreast of one of your largest investments.

Call me if you have any questions and please recommend me to friends and co-workers looking for a good Realtor.

A CRS designated Realtor is like having a masters in real estate. Since the market slow down, I have taken the opportunity to further my education.

I stay on top of the market and the influence of the Internet in today's market for sellers and buyers. It's a great time to buy and sell a house. Even if one does not get what their neighbors got last year, their buying power is so much stronger this year.

Yours Wanda

Wanda Fears, Realtor ABR CRS GRI
Long and Foster
cell: 804-909-2777


www.wandafears.com
e-mail:wanda@wandafears.com

Central Virginia Area Housing Market 2008

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Virginia and the Central Virginia region have fared much better than the U.S. thus far, and are expected to do so going forward.
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The Central Virginia region ended 2008 with overall home sales down 23%, but average home prices down just 3%.
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The number of pending sales at the end of 2008, while down from 2007, was not down by as much as sales, indicating a potential for improvement in the first quarter of 2009.
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As of the end of the third quarter, the U.S. foreclosure rate was 1.84% of housing units, and in Richmond metro it was 1.03%. Of the 100 largest metro areas, Richmond metro ranked 73rd in foreclosures.
Central Virginia Housing Market Trends - Fourth Quarter
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Fourth quarter 2008 sales were down 33% in the CVR MLS compared with the fourth quarter of 2007.
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In the Richmond Metro Area, sales were down 21%. In the Tri Cities area, sales were down 31%.
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Prices were down by much less than sales in the fourth quarter. Across the CVR MLS, the average sold price was $246,637, down 8% from the fourth quarter of 2007.
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Prices were down 14% in the Richmond Metro Area and down 5% in the somewhat lower-priced Tri Cities Area.

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In 2008, over 11,200 homes were sold in the CVR MLS, with more than 80% of home sales occurring in the Richmond Metro Area.
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Overall home sales in 2008 were down 23% compared to 2007. Home sales were down fairly uniformly across the region.

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The average price of a home sold in the CVR MLS in 2008 was $264,467; down just 3% from the 2007 average price of $273,032.
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Prices were down 3% in both the Richmond Metro and Tri Cities Areas. Some local markets experienced flat prices or even slight increases in 2008.
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Nearly three-quarters of homes sold in the CVR MLS had a sold price below $300,000. Only 7% of homes in the CVR MLS sold for $500,000 or more.

Hermes Alpacas

Wendy and Dan Hermes -- 12410 Bailey Bridge RD. --Midlothian VA -- 804-304-2839 or email me at wendy@hermesalpacas.com

I have a friend that breeds alpacas and harvest the fiber. It is the coolest thing. If you have never been to an Alpaca Farm you should really take the time and visit one. Hermes Alpacas is located in Midlothian VA, and is one of the nicest I have visited. The Alpacas are so friendly, yet shy when meeting new people. If you're worried about being "spit" on, don't! These Alpacas have been so "hand raised" and friendly that they normally do not spit on anyone. It is amazing to me how the animals are sheared on site and the fiber is processed at a processing facility and everything is ALL natural.. No chemicals, no dyes, no processes. If you have ever had anything woven from alpaca fiber you will know how warm it is. It is internationally know for it's warmth and durability. The softness of it is beyond belief (like angora). So Give Wendy Hermes a call and go to visit her farm, Hermes Alpacas, you will be glad you did. Ask your Tax advisor about the benefits of starting your own alpaca Farm.

The fiber is just gorgeous.

Call Carol Harris for all your Real Estate Needs in the Richmond and Tri-Cities Areas in Virginia.