Brick’s Blog

Good Morning! Here are the Bank Owned Weekly lists for the week of January 30, 2011.  I love new subscribers and that is why I take pride in providing the most up to date and current listings of Bank Owned Properties. If you know of anyone who might benefit from this service, please encourage them to sign up at the links below. 

To receive Bank Owned Weekly for the West of Richmond, click here.

To receive Bank Owned Weekly for Glen Allen, click here.

To receive Bank Owned Weekly for Western Chesterfield, click here.

Here are the links for Bank Owned Weekly for January 30th. 

Group 1 of Single Family Homes in West End Richmond. 

Group 2 of Single Family Homes in West End Richmond.

Group 1 of Townhouses and Condominiums for West End Richmond.

Group 2 of Townhouses and Condominiums for West End Richmond.

Group 1 of Single Family Homes in Glen Allen.

Group 2 of Single Family Homes in Glen Allen.

Group 1 of Condominiums and Townhouses for Glen Allen.

Group 2 of Townhouses and Condominiums for Glen Allen.

Group 1 of Single Family Homes in Western Chesterfield.

Group 2 of Single Family Homes in Western Chesterfield.

Group 1 of Townhouses and Condominiums for Western Chesterfield.

Group 2 of Townhouses and Condominiums for Western Chesterfield.

There are countless great “Buy and Hold” rental properties currently on the market with incredible cash flows. Please call me, 804.301.7598, and I’ll cue you in on them. My 2^nd Renovation Finance Workshop  is coming up on Wednesday, February 9^th at 7 p.m. You can register or obtain more information here or by calling 1.877.879.8118 extension 8.

Hide Under Your Desk! 

It took a little while but I finally got a correct answer on last week’s Hollywood Guest Contest. The correct answer was David Clennon as Randy Hughes in Sweet Dreams. If you’ve never seen this movie about Patsy Cline, it is well worth the watch. Even you youngsters should recognize the voice of this week’s guest.

 It’s hard to believe but February’s RENOVATION FINANCE WORKSHOP is fast approaching on Wednesday February 9, 2011 at 7 p.m. We’re filling up quickly, so grab your slot now. You can register here: 

If you’re interested in receiving Bank Owned Weekly, then click on the appropriate link – West End, Glen Allen, or Midlothian. When you sign up for Bank Owned Weekly, you will also receive Foreclosure Friday Flash delivered to your inbox every Friday.

Call me, 804.301.7598, if you want to see anything. 

       You don’t know what a labor of love it is to produce these lists every week …. week after week.  Here are the Bank Owned Weekly lists for the week of January 23, 2011. If you know of anyone who might benefit by receiving Bank Owned Weekly, please encourage them to sign up at the appropriate links below.  

 To receive Bank Owned Weekly for the West End of Richmond, click here.

To receive Bank Owned Weekly for Glen Allen, click here.

To receive Bank Owned Weekly for Western Chesterfield, click here.

Here are the links for Bank Owned Weekly for January 23 rd. 

Group 1 of Single Family Homes in West End Richmond. 

Group 2 of Single Family Homes in West End Richmond.

Group 1 of Townhouses and Condominiums for West End Richmond.

Group 2 of Townhouses and Condominiums for West End Richmond.

Group 1 of Single Family Homes in Glen Allen.

Group 2 of Single Family Homes in Glen Allen.

Group 1 of Townhouses and Condominiums for Glen Allen.

Group 2 of Townhouses and Condominiums for Glen Allen.

Group 1 of Single Family Homes in Western Chesterfield.

Group 2 of Single Family Homes in Western Chesterfield.

Group 1 of Townhouses and Condominiums for Western Chesterfield.

Group 2 of Townhouses and Condominiums for Western Chesterfield.

      I already have quite a few sign ups for my next Renovation Financing Workshop, which will be on  Wednesday, February 9th at 7 p.m. Don’t miss out on your slot.  You can register or obtain more information here or by calling 1.877.879.8118 extension 8.

Don’t Fall to Pieces over this week’s pick. 

Once again we had several correct answers in last week’s Hollywood Guest Contest. The correct answer was Marilyn Monroe as “The Girl” in The Seven Year Itch. This week’s contest is more obscure but I am giving you plenty of clues.

I gave the wrong date last week for my next RENOVATION FINANCE WORKSHOP. It will be on February 9, 2011 at 7 p.m. I already have several attendees so don’t miss out on your slot. Register now here or by calling 1.877.879.8118 extension 8.

If you’re interested in receiving Bank Owned Weekly, then click on the appropriate link – West End, Glen Allen, or Midlothian. When you sign up for Bank Owned Weekly, you will also receive Foreclosure Friday Flash delivered to your inbox every Friday. 

Call me, 804.301.7598, if you want to see anything.

If You Got an Itch, then Scratch! I had multiple correct answers on last week’s Hollywood Guest Contest. It was a close one with several answers only minutes apart. The correct answer was Lee Strasberg as Hyman Roth in the Godfather II. We have a great classic movie for our pick this week with a truly infamous scene.

 My first RENOVATION FINANCE WORKSHOP was Wednesday with great attendance and was by all accounts a success. Join us next time on February 12, 2011 by registering here  or by calling 1.877.879.8118 extension 8.

 Call me, 804.301.7598, if you want to see anything. 

          Good Morning! Here are the Bank Owned Weekly lists for the week of January 16th, 2011. While I have several hundred subscribers to these lists, I am always trying to increase my subscriptions, so please encourage anyone you think may find this of value to sign up at the links below. 

 To receive Bank Owned Weekly for the West of Richmond, click here.

To receive Bank Owned Weekly for Glen Allen, click here.

To receive Bank Owned Weekly for Western Chesterfield, click here.

Here are the links for Bank Owned Weekly for January 16th. 

Group 1 of Single Family Homes in West End Richmond. 

Group 2 of Single Family Homes in West End Richmond.

Group 1 of Townhouses and Condominiums for West End Richmond.

Group 2 of Townhouses and Condominiums for West End Richmond.

Group 1 of Single Family Homes in Glen Allen.

Group 2 of Single Family Homes in Glen Allen.

Group 1 of Townhouses and Condominiums for Glen Allen.

Group 2 of Townhouses and Condominiums for Glen Allen.

Group 1 of Single Family Homes in Western Chesterfield.

Group 2 of Single Family Homes in Western Chesterfield.

Group 1 of Townhouses and Condominiums for Western Chesterfield.

Group 2 of Townhouses and Condominiums for Western Chesterfield.

    The inaugural Renovation Financing Workshop  held last Wednesday was well attended and by all accounts an event worth attending. Why not make plans now to join us on Wednesday, February 12th at 7 p.m. for the next one.  You can register or obtain more information here or by calling 1.877.879.8118 extension 8.

Please join us next month on Wednesday, February 12, 2011 at 7 p.m. at my offices, 1106 N Thompson Street, Richmond, VA 23230. For more information and to register, please call 1.877.879.8118 extension 8.

      December? Boy, looking at these numbers makes me almost believe we’ve bottomed out. More single family unit sales than November, October, or September. The Sales Price/List Price showed little discounting. And maybe the best number … units for sale were down 1,300 from November and over 2,700 from August. We’re at a very manageable inventory level presently. Maybe this is like our national unemployment number and not reflecting those who have given up trying to sell their home, but it sure makes things look better when there is less inventory. Time will tell as we progress into 2011.

Here’s the Market Snapshot for December 2010:

For the 14 single family homes sold in
Fan & Museum District of the City of Richmond
(Fox and John B. Cary School Districts)
Average Sales Price in December $ 420,232
Median Sales Price …………..   $ 413,500
Sales Price/List Price Ratio …….. 95 %
Days on Market ………………… 44
Months of Inventory …………..  5.4
Average Size 3 bedrooms 2.5 baths of 2,322 sq ft
Average $ per square foot ……….$ 175.36

For the 15 homes sold in West End of the City of Richmond
(Zips 23221, 23226 and 23230)
Average Sales Price in December $ 527,200
Median Price …………………… $ 353,500
Sales Price/List Price Ratio ……. 96 %
Days on Market ………………… 114
Months of Inventory ………….. 6.9
Average Size 4 bedrooms, 3.5 baths of  2,885 sq ft
Average $ per square foot……..   $ 170.08
 
For the 6 homes sold on the Northside of the City of Richmond
(Holton School District)
Average Sales Price in December $ 223,483
Median Price ……………….  $ 210,000
Sales Price/List Price Ratio ……. 97 %
Days on Market ………………… 74
Months of Inventory ………….  8.33
Average Size 4 bedrooms, 2.5 baths of 2,166 sq ft
Average $ per square foot……..   $ 98.51
 
For the 10 homes sold on the Southside of the City of Richmond
(Zip 23225)
Average Sales Price in December $ 146,801
Median Price ……………….. $ 147,800
Sales Price/List Price Ratio ……. 94 %
Days on Market ………………… 47
Months of Inventory ………….  17.5
Average Size 3 bedrooms, 2.5 baths of 1,767 sq ft
Average $ per square foot……..   $ 81.22

For the 67 single family homes sold in West End of Henrico County
(Zips 23226, 23229, 23230, 23233, 23238)
Average Sales Price in December $ 320,441
Median Sales Price …………….  $ 279,000
Sales Price/List Price Ratio ……….  95 %
Days on Market ……………….    95
Months of Inventory ………….     4.8
Average Size 4 bedrooms 2.5 baths of 2,489 sq ft
Average $ per square foot ………. $ 125.97
 
For the 89 single family homes sold in Chesterfield
(Zips 23831, 23832, 23834, 23836, and 23838)
Average Sales Price for December $ 241,117
Median Sales Price ………….. $ 216,500
Sales Price/List Price Ratio ……..  97 %
Average Days on Market………… 81
Months of Inventory ……………..  8.8
Average Size 4 bedroom, 2.5 baths of 2,422 square ft
Average $ per square foot ………..$ 98.87

For the 47 single family homes sold in Glen Allen
(Zips 23059 and 23060)
Average Sales Price for December $ 325,351
Median Sales Price…………… $ 249,950
Sales Price/List Price Ratio ………  98 %
Average Days on Market ………….  66
Months of Inventory ……………   6.9
Average Size 4 bedrooms, 2.5 baths of 2,748 sq ft
Average $ per square foot……… $ 114.97
 
For the 43 single family homes sold in Mechanicsville
(Zips 23111 and 23116)
Average Sales Price for December $ 250,624
Median Price …………………  $ 235,000
Sales Price/List Price Ratio ……… 97 %
Average Days on Market ………….  89
Months of Inventory ……………  9.0
Average Size 4 bedrooms, 2.5 baths 2,270 sq ft
Average $ per square foot ……….. $ 113.85
 
For 66 single family homes sold in Midlothian
(Zips 23112, 23113, and 23114)
Average Sales Price for December $ 315,629
Median Price ………………… $ 274,475
Sales Price List Price Ratio …….    96 %
Average Days on Market ………… 99
Months of Inventory …………….  8.7

Average Size 4 bedrooms, 2.5 baths of 2,783 sq ft
Average $ per square foot……….. $ 109.46

     Here are the Bank Owned Weekly lists for the week of January 9,  2011.  Last week, several subscribers raised their hands and one of them has a fantastic deal “under contract”.  So don’t be bashful about raising your hand to ask a question or see something. I am never too busy to help you. And if you have friends, who might like to receive this info have them register at the links below.

 To receive Bank Owned Weekly for the West End of Richmond, click here.

To receive Bank Owned Weekly for Glen Allen, click here.

To receive Bank Owned Weekly for Western Chesterfield, click here.

Here are the links for Bank Owned Weekly for January 9^th  for Single Family Homes:

Group 1 of Single Family Homes in West End Richmond. 

Group 2 of Single Family Homes in West End Richmond.

Group 1 of Single Family Homes in Glen Allen.

Group 2 of Single Family Homes in Glen Allen.

Group 1 of Single Family Homes in Western Chesterfield.

Group 2 of Single Family Homes in Western Chesterfield.

     And here are the lists for Bank Owned Townhouses and Condominiums in the same coverage areas for the week of January 9, 2011:

Group 1 of Townhouses and Condominiums for West End Richmond.

Group 2 of Townhouses and Condominiums for West End Richmond.

Group 1 of Townhouses and Condominiums for Glen Allen.

Group 2 of Townhouses and Condominiums for Glen Allen.

Group 1 of Townhouses and Condominiums for Western Chesterfield.

Group 2 of Townhouses and Condominiums for Western Chesterfield.

     I want to remind you and any of your friends that My Renovation Financing Workshop is fast approaching. Make plans now to attend our inaugural event on Wednesday, January 12^th, 2011 @ 7 p.m. You can still register for this event by calling 1.877.879.8118 extension 8.

     It’s Not Personal. It’s Business. Here’s the first Foreclosure Friday Flash for 2011.

     I had multiple correct answers on last week’s Hollywood Guest Contest, although the first correct answer took awhile to come in. You must have been distracted with New Year’s Eve. The correct answer was Chevy Chase as Clark “Sparky” Griswold in National Lampoon’s Christmas Vacation.

     Don’t forget I have my RENOVATION FINANCE WORKSHOP coming up on January 12, 2011. What a great way to learn how to use Renovation Finance to your advantage! I only have a few seats left so please call 1.877.879.8118 extension 8 to register. Can’t make it on 1/12/11? No worry. My lender partner and I will be doing this every month; and if demand is great enough, even more frequently.

     If you’re interested in receiving Bank Owned Weekly, then click on the appropriate link – West End, Glen Allen, or Midlothian. When you sign up for Bank Owned Weekly, you will also receive Foreclosure Friday Flash delivered to your inbox every Friday.

     Call me, 804.301.7598, if you want to see anything.