Author: bill1227

Q:  Will you be listing my house on the MLS or actually buying it?A:  Great question. Its a large process with Risk (to us as the investor). The short answer is yes, typically we buy it, cash as is ,close quick, renovate it and then resell it to a owner occupied buyer for the next … Continued

In general leading news sources are reporting that Inventory growth has been one of the big stories of 2025 With listings up more than 25% from last year, buyers across the commonwealth are seeing more options than they’ve had in a long time. While supply is improving, demand continues to be tempered by “economic uncertainty.” … Continued

We’ll know very quickly if we can help and, unlike selling through an agent, you don’t have to wait to see if the buyer can get financing – we’re ready to buy right now!

In general the local Richmond Real Estate Market Stats. after three quarters summarize like this.

As of 9/11 the average 30 year mortgage rate continues to hover at 6.2%-6.3% on a 30 year. Experts expect the 30 year mortgage rates to stay in the 6%-7% range for the remainder of 2025. Recent mixed economic data including a weaker job market report are creating uncertainty for the Fed and mortgage market.

We buy houses in Richmond and other parts of VA, and at any price. If you need to sell my house fast Richmond and other regions of Virgina, you have come to the right place. Our direct house buying process is simple and, as a bonus, we pay for all closing costs, too. If you are serious … Continued

A new report shows buyers are turning away from newly built homes sales unless they are priced cheap. New home sales were down 8.2% in July, compared to prior year, for the USA. They were also down from June 2025 to July 2025. But those priced under $300K sold fast! The supply of new homes … Continued

NPR reported that there are a lot more homes are for sale. “We now have the highest inventory since the 2020 lockdown period, essentially five years ago,” said Lawrence Yun, the association’s chief economist. In July there were 1.55 million units for sale, nearly 16% more than a year earlier. The increase in inventory is … Continued

MISSION VA LLC provides another option for selling your Richmond home. No listing fees, no agent commissions, and a quick and hassle-free closing process. You won’t have to worry about the hassle of repairs or renovations. Getting rid of the headache and hassle of dealing with an unwanted property is our service to you. See the side by side comparison here on … Continued

Mortgage interest rates today saw very little movement. According to Zillow, the average 30-year fixed mortgage rate rose five basis points to 6.51%. Meanwhile, the 15-year rate stayed flat at 5.68%. Personally, I would not hold your breath waiting for rates to drop any time this year.

Hello, I am the founder of MISSION VA LLC. Chronologically as I write this I recently crossed into the first half of my sixties, years of age. Yet in my mind I run about life and work as if, the first half of my forties . I do reside in the Richmond metro area as … Continued

Home sales could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, according to new projections from the Realtor.com economic research team. Sales volume for existing homes, previously projected to grow slightly this year compared with 2024, is now expected to fall 1.5% annually, to just 4 million transactions. That would mark the slowest … Continued

To be clear at Mission Va Llc we buy more houses around the county’s & suburbs surrounding Richmond from North to South and East to West than we do in the city itself. So be it Ashland, Hanover,Mechanicsville, Sandston, Chester,Colonial Heights, Hopewell, Prince George,Midlothian,Eastern Goochland,Short Pump,Glen Allen, etc. Mission Va Lls has previously purchased houses … Continued

A leading publication reported the de-listings surged nearly 50% as sellers who cant get their price quit the market in frustration. Statistically de-listings jumped 47% nationally in May, from a year earlier. Year to date de-listings are up 35%.