http://www.parhamestates.com Fri, 30 Oct 2009 12:47:34 +0000 http://backend.userland.com/rss092 en The Federal Reserve "Beige Book" is a summary of qualitative data, i.e., interviews, from each of the twelve districts regarding economic conditions. Below is the most recent Beige Book data for the Richmond District (Maryland, Washington DC, West Virginia, Virginia, North Carolina, and South Carolina), dated October 2009: "Fifth District residential ... http://www.parhamestates.com/federal-reserve-on-richmond-area-residential-real-estate/ By Cameron C. Martel Something strange happened, and if you were born before the mid-1980s you likely know all-to-well what it was: a recession. This recession has been so widely hyped up for many reasons, the least of which include the folding of several major American banks and the bankruptcy of an ... http://www.parhamestates.com/economic-doom-and-gloom-versus-the-value-of-your-home/ By Katherine Calos Richmond Times-Dispatch Published: October 25, 2009 Older and lower-value homes in Henrico County may qualify for a tax break on major renovations next year, if supervisors follow through on a proposal from a recent work session. To qualify, homes must be at least 40 years old and assessed at no more ... http://www.parhamestates.com/henrico-proposes-tax-relief-for-owners-of-lower-value-homes/ Kensington Court Apartments in the city’s Museum District sold last week for $9.5 million. The sales price was confirmed by the city records office. PMC Property Group of Philadelphia purchased the 120-unit apartment building at 2900 Kensington Ave. from a group of investors including Robin Miller, principal of Miller & Associates, ... http://www.parhamestates.com/city-apartment-complex-sells-for-9-5-million/ By Roby P. Pagong Before we can fully understand the use and importance of sustainable materials in renovations, we have to learn what it is first and why is there such big fuzz about its use. What are sustainable materials? These are green materials. A perfect example of sustainable material is the bamboo. ... http://www.parhamestates.com/using-sustainable-materials-for-renovations/ Here is a good article we found with some "House selling Tips" for this slower market that YOU MUST KNOW and APPLY!! http://www.realestatearticledirectory.com/articles/real-estate-marketing-for-the-homeseller/article261.html Additionally, if you are trying to sell and it's not selling fast enough, there are plenty other options you may not have heard about.....contact us today to help!!!! ... http://www.parhamestates.com/selling-your-property/ By Al Harris Richmond Biz Sense Brace yourself, commercial real estate pros. It’s bad, and it will probably get worse before it gets better. That was the overall consensus among speakers at the annual Virginia Commonwealth University Real Estate Trends Conference held yesterday at the Greater Richmond Convention Center. Nearly 800 real estate professionals ... http://www.parhamestates.com/a-little-doom-with-your-gloom/ With today's troubled economy, many homeowners are in trouble. With mounting debt due to unemployment or cut salaries, many people are falling behind on their mortgage payments and inching closer to bank foreclosure. But it doesn't necessarily have to be that way. There is help available to help homeowners avoid ... http://www.parhamestates.com/loan-modification-principles/ According to an online article transpiring for the "Richmond GRID" Online Magazine Source, which is definitely an excellent source in keeping up with trends, business, work, and play around the Richmond Metro Area, read something exciting below!! From this article: "According to Wingfield, because youʼre moving companies—it means you are relocating people—“local ... http://www.parhamestates.com/buying-and-renting-on-the-rise-in-chesterfield-henrico-counties-due-to-new-jobs/ By Carol Hazard Richmond Times-Dispatch The commercial real estate market in the Richmond area continues to reel from the recession, with the office vacancy rate expected to climb to 21.4 percent in the next six months. It's now at 16.5 percent, far from a healthy 10 percent level, said William E. Bradley, a ... http://www.parhamestates.com/local-office-vacancy-rate-is-high-and-going-higher/