Author: bill1227

 The “Mission ” in MISSION VA LLC is Helping Neighborhoods – Helping People and that is something I believe strongly in. Some other words that are meaningful to me are Gratitude, Thankfulness, Integrity, Faith & Family. My career background prior to MISSION VA LLC was about a 50/50 mix of large skilled trades construction ( … Continued

Yet another reason for some to sell your house fast in Richmond is home inspections. Yesterday I received a call from a prospective home seller who’s house is currently listed on the MLS. In short the seller had accepting an offer contingent on a home inspection in which the buyer was requesting repairs “only” over … Continued

Last week the most common type of U.S. residential mortgage rates dropped by the most in over a year. The Mortgage Bankers Association said the average contract rate on a 30-year fixed-rate mortgage dropped in the week ended Nov. 3rd. by a quarter percent to 7.61%. It was the largest weekly drop since July 2022. … Continued

Recent numbers in Virginia indicate decreasing sales but rising home prices. According to data from Virginia Realtors 07/2023 home sales dropped 20% year over year. Primarily due to low inventory levels and rising mortgage interest rates. Sellers have enjoyed a nearly 4% price gain year over year with the statewide median sale price increasing by … Continued

Leading sources report – calls to cut the Richmond real estate tax rate have substantially grown since the average assessed value increased by 13% for 2023. At the same time home prices have decreased or flat lined via substantial mortgage rate increases. Its reported that the E.D.S. Committee heard three different proposals recently.

Leading sources report 25 year low in mortgage demand as interests rate climb. We Buy Houses In Richmond, Va