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Did an appraiser inspect your home?

Lenders and Fannie Mae want a pizza delivery person to perform the inspection of your home, and then send the results to an appraiser......

Fair market value vs. Appraised value

In this article the Washington Post and their guest show that neither have a firm understanding of what an appraisal, mortgage, or...

Crystal Ball 2023

Last year I wrote an article in January that predicted an increase in values from January to June 2022 - on the whole the prediction came...

Will AI replace real estate agents?

A lot of articles have emerged recently discussing the replacement of various industries with AI... so lets put this to the test. I...

Is Tele-Med the future of Appraisals?

TLDR: Probably, and that's not good. I just got off of a 5-minute video meeting with a physician to refill a prescription. I gave basic...

Henrico... we have a condo problem...

Below is a graph of all sales of new construction condominiums between 1500-1600sf in western Henrico by a single builder. No, that...

Hanover 2022: Year in Review

For the more populous counties, Hanover outperformed in the final two quarters of 2022. With marketing times remaining historically low...

Hopewell 2022: Year in Review

Similar to other affordable markets that have been reviewed, Hopewell has so far avoided a housing correction. Q3-4 of 2022 were the...

Henrico 2022: Year in Review

Henrico data at the end of 2022 appears relatively strong in comparison to the rest of the Richmond metro market. A seasonal decline in...

Goochland 2022 - Year in Review

The Goochland market remained strong in comparison to other central Virginia Counties in late 2022, posting year over year increases...

Richmond 2022 - Year in Review

The Richmond area is undergoing a small contraction in sales prices as of the end of 2022. While this is the case, marketing times remain...

Petersburg 2022 - Year in Review

Petersburg has bucked the trend of declines for the last 6 months of 2022 across the region. As buyers flee to affordability, markets...

Chesterfield County 2022 - Year in Review

After the strongest housing market in 20 years, coming back down to normal feels painful. The pandemic period that saw exponential growth...

New Year, new tool!

In a property valuation class that I taught last year, the primary tool that I left them with was that of qualitative analysis. This is a...

Happy Holidays!

From RVAValues to you. PS. If this is your house, its going to make taking my pictures extra "fun!"

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