ARCHIVED BLOG POSTS
2009
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wow! it's been too long since I have updated my blog... been busy... lots of great activity going on... 5 successful auctions in a row allows me to breathe a sigh of relief and gives a glimmer of hope that more buyers are out and there is money out there to be spent. Turnout was excellent at all...
04/30/2009
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and from our Northern Virginia office -- more good news ! Our last 4 auctions have been great: 3/26 sold a bank owned luxury home in Northern VA for $2,073,500 Used our "hybrid" format, ended up just under reserve but bank confirmed sale during auction 3/31 sold a "handyman" in perfect Baltimore ...
04/11/2009
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Richmond's News headlines have been encouraging and local agents have been reporting upticks in offers, contracts and buyer traffic. This is all great news. I have heard of bidding wars and one broker I know got a full price offer the first day a property hit the market. Priced right, yes-- bu...
04/11/2009
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Well... hmmmmm the Richmond area property transfers are VERY telling ! Saturday, April 4th's publication of area property transfers show that 44% of all transactions involved a bank as buyer or seller !! YUP... that's right... FORTY-FOUR percent! this is a whopping increase from the 19-24% ran...
04/05/2009
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We got two contracts today for properties that did not sell on auction day AND got an acceptable offer for a waterfront home in Virginia Beach that was due to hit the auction block this coming Tuesday! The last property is over $1.5 million dollars, and one of the other two is close to half a mi...
04/02/2009
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Our auction firm has now sold two homes that were left to the Richmond SPCA... one was in Chesterfield County and sold at public auction in 2008 to a full audience for a big price. The most recent one sold yesterday afternoon in Baltimore. The auction was featured on a local newsclip and was an...
04/01/2009